Price for Ammonia; Anhydrous or in Aqueous Solution in Bangladesh - 2022

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh

Price for Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (CIF) - 2022

The average import price for ammonia; anhydrous or in aqueous solutia stood at $383 per ton in 2022, dropping by -14.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, average import prices reached the peak figure at $572 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($998 per ton), while the price for India stood at $281 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.3%), while the prices for the other major suppliers experienced a decline.

Price for Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (FOB) - 2022

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $961 per ton, jumping by 66% against the previous year. Overall, the export price enjoyed modest growth. The pace of growth was the most pronounced in 2021 an increase of 80% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($1,401 per ton), while the average price for exports to China ($359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh

In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Bangladesh expanded rapidly to 240K tons, with an increase of 8.9% compared with the year before. In general, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, imports attained the peak of 426K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ammonia; anhydrous or in aqueous solutia contracted to $92M in 2022. Overall, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports reached the peak of $136M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A0.161.961800.0%
GermanyN/AN/AN/A13.60%
Saudi Arabia84.213698.4N/A8.1%
OthersN/AN/AN/A16.20%
Total84.213698.591.82.9%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Bangladesh in 2022:

  1. India (220.4K tons)
  2. Germany (13.7K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh

In 2022, after three years of growth, there was significant decline in overseas shipments of ammonia; anhydrous or in aqueous solutia, when their volume decreased by -61.1% to 45K tons. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. As a result, the exports attained the peak of 115K tons, and then shrank remarkably in the following year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia dropped notably to $43M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 328%. As a result, the exports reached the peak of $67M, and then fell notably in the following year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.75.652.413.225.4%
MadagascarN/AN/AN/A10.70%
Taiwan (Chinese)N/AN/A7.38.212.3%
MoroccoN/AN/AN/A6.60%
China3.47.93.74.59.8%
JapanN/A2.1N/AN/A0%
AustraliaN/AN/A3.5N/A0%
OthersN/AN/AN/AN/A0%
Total10.115.666.843.162.2%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Bangladesh in 2022:

  1. India (12.6K tons)
  2. China (12.5K tons)
  3. Madagascar (7.9K tons)
  4. Taiwan (Chinese) (7.2K tons)
  5. Morocco (4.7K tons)

Source: IndexBox Market Intelligence Platform

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