Angola - Nitrogen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrogen Price in Angola - 2022
Contents:
- Nitrogen Price in Angola (CIF) - 2022
- Nitrogen Price in Angola (FOB) - 2022
- Nitrogen Imports in Angola
- Nitrogen Exports in Angola
Nitrogen Price in Angola (CIF) - 2022
The average nitrogen import price stood at $8.2 per cubic meter in 2022, with an increase of 113% against the previous year. Overall, the import price enjoyed a tangible increase. 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 Norway ($51 per cubic meter), while the price for South Africa ($2.3 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrogen Price in Angola (FOB) - 2022
In 2022, the average nitrogen export price amounted to $1.3 per cubic meter, flattening at the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 192%. As a result, the export price reached the peak level of $8.3 per cubic meter. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($1.3 per cubic meter), while the average price for exports to the UK totaled $1.3 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+285.5%), while the prices for the other major destinations experienced mixed trend patterns.
Nitrogen Imports in Angola
Nitrogen imports into Angola fell sharply to 14K cubic meters in 2022, dropping by -51% against 2021 figures. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Imports peaked at 51K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, nitrogen imports amounted to $114K in 2022. Over the period under review, imports recorded a dramatic downturn. Over the period under review, imports attained the peak figure at $250K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Nitrogen in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 78.4 | 19.0 | 6.4 | 25.7 | -31.0% |
| Congo | 37.3 | 18.5 | 6.7 | 16.3 | -24.1% |
| Norway | 2.1 | 2.8 | 4.3 | 13.1 | 84.1% |
| United States | 28.7 | 13.2 | 3.5 | 8.4 | -33.6% |
| Portugal | 19.7 | 16.7 | 8.1 | 8.4 | -24.7% |
| South Africa | 6.6 | 12.4 | 2.0 | 4.9 | -9.5% |
| United Kingdom | 10.2 | 8.9 | 20.5 | 3.1 | -32.8% |
| Others | 66.9 | 27.6 | 58.0 | 34.4 | -19.9% |
| Total | 250 | 119 | 110 | 114 | -23.0% |
Top Suppliers of Nitrogen to Angola in 2022:
- Congo (6.4K cubic meters)
- South Africa (2.1K cubic meters)
- Netherlands (2.0K cubic meters)
- United States (1.2K cubic meters)
- United Kingdom (0.4K cubic meters)
- Portugal (0.3K cubic meters)
- Norway (0.3K cubic meters)
Nitrogen Exports in Angola
In 2022, approx. 2.6K cubic meters of nitrogen were exported from Angola; rising by 197% compared with the previous year. Overall, exports, however, faced a abrupt curtailment. The exports peaked at 4.2K cubic meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, nitrogen exports skyrocketed to $3.4K in 2022. Over the period under review, exports, however, saw a dramatic setback. The exports peaked at $10K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Nitrogen in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 2.8 | 5.3 | 0.8 | 2.9 | 1.2% |
| United Kingdom | 0.5 | 0.4 | 0.1 | 0.4 | -7.2% |
| Spain | 5.4 | N/A | N/A | N/A | 0% |
| South Africa | 1.5 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 10.1 | 5.6 | 1.1 | 3.4 | -30.4% |
Top Export Markets for Nitrogen from Angola in 2022:
- Congo (2.2K cubic meters)
- United Kingdom (0.3K cubic meters)
This report provides an in-depth analysis of the nitrogen market in Angola. 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:
- Prodcom 20111160 - Nitrogen
Country coverage:
- Angola
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Angola
- 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.
-
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
-
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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