Romania - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Romania - 2023
Contents:
- Ammonium Nitrate Price in Romania (CIF) - 2023
- Ammonium Nitrate Price in Romania (FOB) - 2022
- Ammonium Nitrate Imports in Romania
- Ammonium Nitrate Exports in Romania
Ammonium Nitrate Price in Romania (CIF) - 2023
In July 2023, the average ammonium nitrate import price amounted to $335 per ton, waning by -7% against the previous month. Over the period under review, the import price showed a drastic downturn. The pace of growth appeared the most rapid in January 2023 an increase of 14% against the previous month. Over the period under review, average import prices attained the maximum at $720 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($776 per ton), while the price for Georgia ($282 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Greece (-0.2%), while the prices for the other major suppliers experienced a decline.
Ammonium Nitrate Price in Romania (FOB) - 2022
In 2022, the average ammonium nitrate export price amounted to $416 per ton, increasing by 43% against the previous year. Overall, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonium nitrate export price increased by +107.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($702 per ton), while the average price for exports to Poland ($298 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Ammonium Nitrate Imports in Romania
In 2022, purchases abroad of ammonium nitrate decreased by -1.4% to 355K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 12%.
In value terms, ammonium nitrate imports soared to $221M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Import of Ammonium Nitrate in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 49.8 | 45.8 | 82.6 | 168 | 50.0% |
Georgia | 11.7 | 14.0 | 42.0 | 23.2 | 25.6% |
Greece | 1.0 | 0.4 | 1.9 | 12.8 | 133.9% |
Uzbekistan | 0.1 | 0.8 | 2.1 | 4.1 | 244.8% |
Ukraine | N/A | 1.8 | 0.4 | 4.0 | 49.1% |
Turkey | 2.2 | 1.0 | 2.4 | 2.5 | 4.4% |
Hungary | 3.1 | 5.3 | 3.4 | 2.3 | -9.5% |
Slovakia | 1.9 | 2.9 | 4.1 | 1.7 | -3.6% |
Others | 3.2 | 2.6 | 3.0 | 2.1 | -13.1% |
Total | 73.1 | 74.6 | 142 | 221 | 44.6% |
Top Suppliers of Ammonium Nitrate to Romania in 2022:
- Bulgaria (227.0K tons)
- Georgia (62.5K tons)
- Greece (17.8K tons)
- Ukraine (14.8K tons)
- Turkey (12.2K tons)
- Hungary (8.7K tons)
- Uzbekistan (6.9K tons)
- Slovakia (2.1K tons)
Ammonium Nitrate Exports in Romania
In 2022, overseas shipments of ammonium nitrate decreased by -46.9% to 14K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of 82K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ammonium nitrate exports fell sharply to $5.9M in 2022. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Ammonium Nitrate in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 7.5 | 2.9 | 3.7 | 3.1 | -25.5% |
United Kingdom | N/A | N/A | N/A | 1.9 | 0% |
Moldova | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
Poland | 0.2 | 3.9 | 1.2 | 0.3 | 14.5% |
Bulgaria | 0.1 | 0.2 | 0.4 | 0.2 | 26.0% |
Morocco | N/A | 2.0 | N/A | N/A | 0% |
Lithuania | N/A | 1.7 | N/A | N/A | 0% |
Serbia | 3.4 | 2.1 | 0.5 | N/A | -61.7% |
Ukraine | 2.6 | 3.5 | 0.9 | N/A | -41.2% |
Others | 0.3 | 0.2 | 1.0 | N/A | 82.6% |
Total | 14.2 | 16.5 | 7.8 | 5.9 | -25.4% |
Top Export Markets for Ammonium Nitrate from Romania in 2022:
- Hungary (9.4K tons)
- United Kingdom (2.7K tons)
- Poland (1.0K tons)
- Moldova (0.8K tons)
- Bulgaria (0.3K tons)
This report provides an in-depth analysis of the ammonium nitrate market in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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
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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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