Singapore - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Singapore - 2022
Contents:
- Ammonium Nitrate Price in Singapore (CIF) - 2022
- Ammonium Nitrate Price in Singapore (FOB) - 2022
- Ammonium Nitrate Imports in Singapore
- Ammonium Nitrate Exports in Singapore
Ammonium Nitrate Price in Singapore (CIF) - 2022
The average ammonium nitrate import price stood at $1,149 per ton in 2022, growing by 81% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonium nitrate import price increased by +86.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($1,290 per ton) and South Korea ($1,220 per ton), while the price for Germany ($1,046 per ton) and Thailand ($1,089 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonium Nitrate Price in Singapore (FOB) - 2022
The average ammonium nitrate export price stood at $2,322 per ton in 2022, increasing by 557% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +17.6% per year.
Ammonium Nitrate Imports in Singapore
In 2022, supplies from abroad of ammonium nitrate decreased by -7.8% to 1.5K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible descent. The growth pace was the most rapid in 2020 with an increase of 2.6%. As a result, imports reached the peak of 1.7K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ammonium nitrate imports soared to $1.7M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ammonium Nitrate in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 71.9 | 3.9 | 85.5 | 610 | 104.0% |
| Thailand | 169 | 220 | 270 | 414 | 34.8% |
| Germany | 370 | 418 | 386 | 350 | -1.8% |
| Malaysia | 340 | 262 | 203 | 213 | -14.4% |
| Belgium | 9.7 | 7.0 | 23.8 | 54.2 | 77.4% |
| Others | 72.6 | 145 | 36.3 | 30.0 | -25.5% |
| Total | 1,033 | 1,056 | 1,004 | 1,671 | 17.4% |
Top Suppliers of Ammonium Nitrate to Singapore in 2022:
- South Korea (500.0 tons)
- Thailand (380.0 tons)
- Germany (334.2 tons)
- Malaysia (181.0 tons)
- Belgium (42.0 tons)
Ammonium Nitrate Exports in Singapore
In 2022, the amount of ammonium nitrate exported from Singapore shrank notably to 42 tons, reducing by 99.9% on the previous year's figure. In general, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, the exports attained the peak of 148K tons, and then fell rapidly in the following year.
In value terms, ammonium nitrate exports plummeted to $98K in 2022. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 151% against the previous year. As a result, the exports reached the peak of $52M, and then dropped dramatically in the following year.
| Export of Ammonium Nitrate in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 0.1 | 0% |
| Zimbabwe | N/A | 0.6 | 6.7 | N/A | 1016.7% |
| India | 25.3 | 18.3 | 44.7 | N/A | 32.9% |
| Zambia | 2.6 | 1.7 | N/A | N/A | -34.6% |
| Others | 0.2 | 0.2 | 0.8 | N/A | 100.0% |
| Total | 28.0 | 20.8 | 52.2 | 0.1 | -84.7% |
Top Export Markets for Ammonium Nitrate from Singapore in 2022:
- Malaysia (42.0 tons)
This report provides an in-depth analysis of the ammonium nitrate market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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