Thailand - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Thailand - 2023
Contents:
- Ammonium Nitrate Price in Thailand (CIF) - 2022
- Ammonium Nitrate Price in Thailand (FOB) - 2023
- Ammonium Nitrate Imports in Thailand
- Ammonium Nitrate Exports in Thailand
Ammonium Nitrate Price in Thailand (CIF) - 2022
In 2022, the average ammonium nitrate import price amounted to $791 per ton, increasing by 95% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price attained 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 China ($3,670 per ton), while the price for South Korea ($771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonium Nitrate Price in Thailand (FOB) - 2023
In September 2023, the average ammonium nitrate export price amounted to $699 per ton, remaining stable against the previous month. In general, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 33% month-to-month. As a result, the export price reached the peak level of $1,074 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the country with the highest price was Myanmar ($960 per ton), while the average price for exports to Lao People's Democratic Republic amounted to $693 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+0.2%), while the prices for the other major destinations experienced a decline.
Ammonium Nitrate Imports in Thailand
In 2022, purchases abroad of ammonium nitrate decreased by -52.6% to 16K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. 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 dropped to $12M in 2022. The total import value increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%.
| Import of Ammonium Nitrate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.5 | 7.1 | 7.0 | 9.3 | 19.1% |
| Russia | 1.5 | 3.0 | 5.2 | 3.0 | 26.0% |
| China | 1.3 | N/A | N/A | N/A | 0% |
| Sweden | 0.7 | 1.0 | 1.1 | N/A | 25.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 9.0 | 11.2 | 13.3 | 12.3 | 11.0% |
Top Suppliers of Ammonium Nitrate to Thailand in 2022:
- China (undefinedK tons)
- South Korea (12.0K tons)
- Russia (3.5K tons)
Ammonium Nitrate Exports in Thailand
In 2022, overseas shipments of ammonium nitrate increased by 74% to 39K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn.
In value terms, ammonium nitrate exports surged to $35M in 2022. Over the period under review, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ammonium Nitrate in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 20.1 | 11.1 | 9.2 | 18.7 | -2.4% |
| Australia | N/A | N/A | N/A | 7.9 | 0% |
| Myanmar | N/A | 5.2 | 0.7 | 4.0 | -12.3% |
| Cambodia | N/A | 0.4 | 1.2 | 3.0 | 173.9% |
| Vietnam | N/A | 0.6 | 0.8 | N/A | 33.3% |
| Others | 1.1 | 0.7 | 0.8 | 1.2 | 2.9% |
| Total | 21.2 | 17.9 | 12.7 | 34.7 | 17.9% |
Top Export Markets for Ammonium Nitrate from Thailand in 2022:
- Vietnam (undefinedK tons)
- Lao People's Democratic Republic (17.9K tons)
- Australia (10.0K tons)
- Cambodia (6.9K tons)
- Myanmar (3.4K tons)
This report provides an in-depth analysis of the ammonium nitrate market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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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