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

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Ethiopia (CIF) - 2022
  2. Imports of Ammonia; Anhydrous or in Aqueous Solution in Ethiopia

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

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $2,072 per ton, reducing by -21.6% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 418%. As a result, import price attained the peak level of $6,184 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,375 per ton), while the price for China ($422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+90.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Ethiopia

For the fourth consecutive year, Ethiopia recorded growth in purchases abroad of ammonia; anhydrous or in aqueous solutia, which increased by 87% to 93 tons in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $192K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ammonia; Anhydrous or in Aqueous Solution in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.911.549.9102277.2%
Denmark13.111.111.215.25.1%
Italy2.12.612.113.887.3%
United Arab Emirates20.39.89.111.2-18.0%
Spain8.56.76.37.9-2.4%
China6.28.38.16.51.6%
Belgium40.518.67.26.0-47.1%
Others40.431.027.429.4-10.1%
Total13399.613119213.0%

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

  1. India (41.2 tons)
  2. China (15.5 tons)
  3. United Arab Emirates (8.8 tons)
  4. Denmark (7.8 tons)
  5. Spain (7.4 tons)
  6. Italy (4.1 tons)
  7. Belgium (2.8 tons)

Source: IndexBox Market Intelligence Platform

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