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

Contents:

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

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

In April 2021, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $411 per ton, rising by 26% against the previous month. Overall, import price indicated a significant increase from January 2021 to April 2021: its price increased at an average monthly rate of +22.0% over the last three-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2021 figures, import price for ammonia; anhydrous or in aqueous solutia increased by +81.7% against January 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From January 2021 to April 2021, the rate of growth in terms of prices for Russia amounted to +22.1% per month.

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

The average export price for ammonia; anhydrous or in aqueous solutia stood at $862 per ton in 2022, with an increase of 28% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($2,905 per ton), while the average price for exports to Poland ($563 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 Ukraine (+28.1%), while the prices for the other major destinations experienced a decline.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Belarus

In 2022, approx. 127K tons of ammonia; anhydrous or in aqueous solutia were imported into Belarus; picking up by 5.3% compared with 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 71%.

In value terms, imports of ammonia; anhydrous or in aqueous solutia fell to $53M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. As a result, imports attained the peak of $57M, and then fell in the following year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia29.024.456.652.822.1%
Others0.70.70.70.6-5.0%
Total29.725.057.353.321.5%

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

  1. Russia (124.9K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Belarus

In 2022, overseas shipments of ammonia; anhydrous or in aqueous solutia decreased by -12.6% to 2.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp decline. The growth pace was the most rapid in 2020 with an increase of 4.1%. As a result, the exports reached the peak of 9.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of ammonia; anhydrous or in aqueous solutia expanded sharply to $2.2M in 2022. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 62%. As a result, the exports attained the peak of $4.5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Ammonia; Anhydrous or in Aqueous Solution in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania7412,5989371,02611.5%
Ukraine7259656737993.3%
Poland1,177501167168-47.7%
Czech Republic1424391541655.1%
Others1.23.81.61.712.3%
Total2,7864,5081,9332,160-8.1%

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

  1. Lithuania (1662.2 tons)
  2. Poland (298.9 tons)
  3. Ukraine (274.9 tons)
  4. Czech Republic (269.1 tons)

Source: IndexBox Market Intelligence Platform

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