Ghana - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Ghana - 2022
Contents:
- Ammonium Nitrate Price in Ghana (CIF) - 2022
- Ammonium Nitrate Price in Ghana (FOB) - 2022
- Ammonium Nitrate Imports in Ghana
- Ammonium Nitrate Exports in Ghana
Ammonium Nitrate Price in Ghana (CIF) - 2022
The average ammonium nitrate import price stood at $442 per ton in 2022, with an increase of 61% against the previous year. In general, the import price enjoyed a moderate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($865 per ton), while the price for Georgia ($175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.5%), while the prices for the other major suppliers experienced a decline.
Ammonium Nitrate Price in Ghana (FOB) - 2022
The average ammonium nitrate export price stood at $1,053 per ton in 2022, rising by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2016 when the average export price increased by 23% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Senegal ($1,022 per ton) and Benin ($1,004 per ton), while the average price for exports to Mauritania ($847 per ton) and Cote d'Ivoire ($914 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+69.9%), while the prices for the other major destinations experienced more modest paces of growth.
Ammonium Nitrate Imports in Ghana
In 2022, approx. 254K tons of ammonium nitrate were imported into Ghana; rising by 69% against 2021 figures. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 80%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, ammonium nitrate imports surged to $112M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonium Nitrate in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 8.3 | 0% |
| Georgia | N/A | N/A | N/A | 5.5 | 0% |
| Sweden | N/A | 3.7 | 6.8 | 3.8 | 1.3% |
| Lithuania | N/A | N/A | N/A | 3.7 | 0% |
| Egypt | 0.7 | 0.9 | 1.1 | 3.4 | 69.4% |
| Bulgaria | N/A | N/A | N/A | 1.7 | 0% |
| United Kingdom | N/A | N/A | N/A | 1.1 | 0% |
| Russia | 23.2 | 11.6 | 32.3 | N/A | 18.0% |
| Others | 2.2 | 1.1 | 1.1 | 84.8 | 237.8% |
| Total | 26.0 | 17.2 | 41.3 | 112 | 62.7% |
Top Suppliers of Ammonium Nitrate to Ghana in 2022:
- Georgia (31.1K tons)
- Sweden (16.4K tons)
- Lithuania (14.4K tons)
- Egypt (14.2K tons)
- South Africa (9.6K tons)
- Bulgaria (7.1K tons)
- United Kingdom (4.4K tons)
Ammonium Nitrate Exports in Ghana
In 2022, exports of ammonium nitrate from Ghana soared to 3.1K tons, increasing by 284% against the previous year's figure. Overall, exports posted a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ammonium nitrate exports skyrocketed to $3.3M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ammonium Nitrate in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | N/A | 435 | 0% |
| Senegal | N/A | N/A | N/A | 159 | 0% |
| Benin | N/A | N/A | 54.4 | 16.7 | -69.3% |
| Cote d'Ivoire | 149 | 251 | 378 | 4.1 | -69.8% |
| Niger | N/A | 283 | 263 | N/A | -7.1% |
| Mali | 1,446 | N/A | N/A | N/A | 0% |
| Others | 19.8 | N/A | N/A | 2,656 | 411.9% |
| Total | 1,615 | 534 | 696 | 3,270 | 26.5% |
Top Export Markets for Ammonium Nitrate from Ghana in 2022:
- Mauritania (513.8 tons)
- Senegal (155.7 tons)
- Benin (16.7 tons)
- Cote d'Ivoire (4.4 tons)
This report provides an in-depth analysis of the ammonium nitrate market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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