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

Contents:

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

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

In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,305 per ton, which is down by -17.8% against the previous month. In general, the import price showed a noticeable descent. The growth pace was the most rapid in June 2023 an increase of 167% against the previous month. As a result, import price reached the peak level of $2,074 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($2,837 per ton), while the price for the Netherlands ($186 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 the United States (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $5,372 per ton, rising by 5.6% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 96% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($36,731 per ton), while the average price for exports to the UK totaled $3,054 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Ireland

Imports of ammonia; anhydrous or in aqueous solutia into Ireland contracted dramatically to 10K tons in 2022, with a decrease of -17.7% on 2021. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, imports of ammonia; anhydrous or in aqueous solutia shrank modestly to $9.9M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of $10M, and then dropped in the following year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.05.85.84.8-1.4%
United Kingdom1.91.12.62.611.0%
Belgium0.10.30.81.5146.6%
Netherlands0.10.20.20.681.7%
Others0.20.30.70.426.0%
Total7.37.810.09.910.7%

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

  1. United Kingdom (3.8K tons)
  2. United States (2.6K tons)
  3. Belgium (2.2K tons)
  4. Netherlands (1.6K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Ireland

In 2022, exports of ammonia; anhydrous or in aqueous solutia from Ireland skyrocketed to 26 tons, increasing by 37% compared with 2021. Over the period under review, exports, however, recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 55%.

In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $142K in 2022. In general, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom23.212.336.075.248.0%
Taiwan (Chinese)N/AN/AN/A62.00%
Switzerland42.0N/AN/AN/A0%
United States90.837.253.1N/A-23.5%
Others0.110.29.14.7260.9%
Total15659.798.1142-3.1%

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

  1. United Kingdom (24.6 tons)
  2. Taiwan (Chinese) (1.7 tons)

Source: IndexBox Market Intelligence Platform

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