Tanzania - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Tanzania - 2021
Contents:
- Ammonium Nitrate Price in Tanzania (CIF) - 2021
- Ammonium Nitrate Price in Tanzania (FOB) - 2021
- Ammonium Nitrate Imports in Tanzania
- Ammonium Nitrate Exports in Tanzania
Ammonium Nitrate Price in Tanzania (CIF) - 2021
In December 2021, the average ammonium nitrate import price amounted to $737 per ton, growing by 67% against the previous month. Overall, import price indicated a buoyant increase from December 2020 to December 2021: its price increased at an average monthly rate of +6.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, ammonium nitrate import price increased by +91.0% against August 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was Russia ($846 per ton), while the price for Sweden ($583 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonium Nitrate Price in Tanzania (FOB) - 2021
The average ammonium nitrate export price stood at $1,207 per ton in December 2021, surging by 9.8% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 when the average export price increased by 22% m-o-m. The export price peaked at $1,311 per ton in March 2021; however, from April 2021 to December 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From December 2020 to December 2021, the rate of growth in terms of prices for Zambia amounted to 0.0% per month.
Ammonium Nitrate Imports in Tanzania
In 2022, imports of ammonium nitrate into Tanzania rose markedly to 72K tons, growing by 11% compared with the year before. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 175%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, ammonium nitrate imports soared to $52M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 179% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Ammonium Nitrate in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 12.8 | 0% |
| Russia | 9.5 | 5.8 | 19.9 | 11.6 | 6.9% |
| Egypt | 2.0 | 1.2 | 0.4 | 9.2 | 66.3% |
| Georgia | N/A | N/A | N/A | 7.3 | 0% |
| Sweden | 0.6 | 0.5 | 1.6 | 3.6 | 81.7% |
| Zambia | N/A | N/A | N/A | 2.8 | 0% |
| Swaziland | N/A | N/A | N/A | 2.1 | 0% |
| Others | 0.9 | 0.8 | 1.4 | 2.9 | 47.7% |
| Total | 12.9 | 8.4 | 23.4 | 52.4 | 59.6% |
Top Suppliers of Ammonium Nitrate to Tanzania in 2022:
- Russia (33.3K tons)
- Lithuania (10.3K tons)
- Egypt (8.3K tons)
- Georgia (6.5K tons)
- Sweden (4.2K tons)
- Swaziland (2.5K tons)
- Zambia (2.2K tons)
Ammonium Nitrate Exports in Tanzania
After two years of decline, shipments abroad of ammonium nitrate increased by 161% to 21K tons in 2022. Over the period under review, exports recorded a significant 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 $27M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ammonium Nitrate in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 12.6 | 9.4 | 9.2 | 18.9 | 14.5% |
| Zambia | 0.1 | 0.1 | 0.1 | 5.0 | 268.4% |
| Russia | N/A | N/A | N/A | 2.0 | 0% |
| Kenya | N/A | N/A | 0.4 | 1.1 | 175.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 12.8 | 9.5 | 9.8 | 27.0 | 28.2% |
Top Export Markets for Ammonium Nitrate from Tanzania in 2022:
- Democratic Republic of the Congo (10.8K tons)
- Zambia (8.2K tons)
- Russia (1.2K tons)
- Kenya (0.7K tons)
This report provides an in-depth analysis of the ammonium nitrate market in Tanzania. 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:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- 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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