Slovakia - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Ammonium Nitrate Price in Slovakia - 2023

Contents:

  1. Ammonium Nitrate Price in Slovakia (FOB) - 2023
  2. Ammonium Nitrate Price in Slovakia (CIF) - 2023
  3. Ammonium Nitrate Exports in Slovakia
  4. Ammonium Nitrate Imports in Slovakia

Ammonium Nitrate Price in Slovakia (FOB) - 2023

In June 2023, the average ammonium nitrate export price amounted to $319 per ton, with a decrease of -11.3% against the previous month. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in September 2022 an increase of 68% month-to-month. As a result, the export price reached the peak level of $1,472 per ton. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In June 2023, the highest price was recorded for prices to Hungary ($340 per ton) and the Czech Republic ($332 per ton), while the average price for exports to Austria ($290 per ton) and Italy ($329 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.3%), while the prices for the other major destinations experienced a decline.

Ammonium Nitrate Price in Slovakia (CIF) - 2023

In June 2023, the average ammonium nitrate import price amounted to $687 per ton, picking up by 13% against the previous month. Overall, the import price, however, recorded a mild decrease. The growth pace was the most rapid in January 2023 when the average import price increased by 22% m-o-m. The import price peaked at $1,218 per ton in October 2022; however, from November 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($1,403 per ton), while the price for Poland ($604 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Ammonium Nitrate Exports in Slovakia

In 2022, approx. 52K tons of ammonium nitrate were exported from Slovakia; with an increase of 51% compared with the previous year. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 103% against the previous year. As a result, the exports attained the peak of 62K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, ammonium nitrate exports skyrocketed to $19M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Ammonium Nitrate in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary4.45.09.115.251.2%
Austria1.01.32.43.247.4%
Poland1.10.70.20.5-23.1%
Czech Republic0.10.10.10.226.0%
Romania0.16.1N/AN/A6000.0%
OthersN/AN/AN/A0.10%
Total6.713.311.919.242.0%

Top Export Markets for Ammonium Nitrate from Slovakia in 2022:

  1. Hungary (38.8K tons)
  2. Austria (10.5K tons)
  3. Poland (1.8K tons)
  4. Czech Republic (0.8K tons)

Ammonium Nitrate Imports in Slovakia

In 2022, imports of ammonium nitrate into Slovakia was estimated at 7.8K tons, rising by 2.1% on the previous year's figure. Overall, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 241%. As a result, imports reached the peak of 36K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, ammonium nitrate imports skyrocketed to $3.7M in 2022. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 160%. As a result, imports reached the peak of $8.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Ammonium Nitrate in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A4297681,954113.4%
Poland1,228871484597-21.4%
Lithuania33129043447212.6%
Czech Republic17725410935125.6%
Hungary3053071,0653504.7%
RomaniaN/A5,966N/AN/A0%
Others1,0840.73.021.4-73.0%
Total3,1258,1182,8643,7466.2%

Top Suppliers of Ammonium Nitrate to Slovakia in 2022:

  1. Sweden (3.5K tons)
  2. Lithuania (1.2K tons)
  3. Hungary (1.1K tons)
  4. Poland (1.0K tons)
  5. Czech Republic (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ammonium nitrate market in Slovakia. 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:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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