Price for Ammonia; Anhydrous or in Aqueous Solution in Greece - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Greece (CIF) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Greece (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Greece
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Greece

Price for Ammonia; Anhydrous or in Aqueous Solution in Greece (CIF) - 2023

The average import price for ammonia; anhydrous or in aqueous solutia stood at $413 per ton in September 2023, with an increase of 16% against the previous month. In general, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 38% m-o-m. Over the period under review, average import prices attained the maximum at $1,169 per ton in December 2022; however, from January 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Libya ($524 per ton), while the price for Bulgaria ($268 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Algeria (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $856 per ton, flattening at the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54%. The export price peaked at $1,312 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($1,383 per ton), while the average price for exports to Slovakia ($424 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 North Macedonia (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Greece

In 2022, imports of ammonia; anhydrous or in aqueous solutia into Greece surged to 86K tons, with an increase of 43% compared with the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 increased by +80.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $50M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ammonia; Anhydrous or in Aqueous Solution in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria2.65.012.223.0106.8%
QatarN/AN/AN/A11.70%
LibyaN/AN/AN/A4.80%
Russia4.81.03.53.3-11.7%
OmanN/AN/AN/A2.40%
Bulgaria2.41.72.22.2-2.9%
Czech RepublicN/AN/A0.41.8350.0%
Egypt1.34.73.40.1-57.5%
Ukraine1.27.74.8N/A100.0%
Others0.50.30.40.817.0%
Total12.620.526.950.158.4%

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

  1. Algeria (56.2K tons)
  2. Qatar (9.0K tons)
  3. Russia (8.9K tons)
  4. Libya (4.0K tons)
  5. Bulgaria (3.2K tons)
  6. Oman (2.0K tons)
  7. Czech Republic (1.3K tons)
  8. Egypt (0.2K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Greece

In 2022, exports of ammonia; anhydrous or in aqueous solutia from Greece soared to 736 tons, increasing by 248% on the previous year. Over the period under review, exports, however, saw a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 336% against the previous year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $630K in 2022. Overall, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 449%.

Export of Ammonia; Anhydrous or in Aqueous Solution in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/A119428259.7%
ItalyN/AN/A32.8140326.8%
SlovakiaN/AN/AN/A23.10%
North Macedonia28.97.310.620.3-11.1%
Bulgaria722N/AN/AN/A0%
Others23.625.718.518.6-7.6%
Total77533.0181630-6.7%

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

  1. Italy (314.9 tons)
  2. Israel (309.4 tons)
  3. Slovakia (54.4 tons)
  4. North Macedonia (40.9 tons)

Source: IndexBox Market Intelligence Platform

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