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

Contents:

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

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

The average export price for ammonia; anhydrous or in aqueous solutia stood at $446 per ton in 2022, surging by 16% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of 50% against the previous year. The export price peaked at $573 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($526 per ton) and India ($451 per ton), while the average price for exports to China ($351 per ton) and Taiwan (Chinese) ($411 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+32.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for ammonia; anhydrous or in aqueous solutia stood at $1,281 per ton in 2022, declining by -19% against the previous year. Overall, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 66%. Over the period under review, average import prices hit record highs at $2,258 per ton in 2017; however, from 2018 to 2022, import prices stood 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 Spain ($7,981 per ton), while the price for the Netherlands ($196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ammonia; Anhydrous or in Aqueous Solution in Iran

In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Iran dropped markedly to 117K tons, waning by -77.9% on the previous year. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 532K tons, and then reduced dramatically in the following year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia declined notably to $52M in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 200% against the previous year. As a result, the exports attained the peak of $205M, and then declined markedly in the following year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India43.939.814835.4-6.9%
Turkey1.31.18.17.881.7%
Taiwan (Chinese)16.18.232.54.7-33.7%
China22.118.915.74.5-41.2%
Others0.20.20.10.1-20.6%
Total83.568.220552.4-14.4%

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

  1. India (78.5K tons)
  2. Turkey (14.8K tons)
  3. China (12.8K tons)
  4. Taiwan (Chinese) (11.4K tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Iran

In 2022, overseas purchases of ammonia; anhydrous or in aqueous solutia decreased by -81.7% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 237%. As a result, imports attained the peak of 85 tons, and then declined notably in the following year.

In value terms, imports of ammonia; anhydrous or in aqueous solutia dropped dramatically to $20K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 274% against the previous year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.311.352.910.735.5%
BulgariaN/AN/AN/A2.00%
ArmeniaN/A10.445.01.6-60.8%
United Kingdom1.52.65.21.3-4.7%
Germany0.70.94.60.98.7%
Turkey0.97.114.10.6-12.6%
Netherlands0.30.41.00.2-12.6%
Others2.03.611.72.710.5%
Total9.736.313519.927.1%

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

  1. China (6.4 tons)
  2. Bulgaria (4.5 tons)
  3. Turkey (1.4 tons)
  4. Germany (0.9 tons)
  5. Netherlands (0.8 tons)
  6. Armenia (0.6 tons)
  7. United Kingdom (0.4 tons)

Source: IndexBox Market Intelligence Platform

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