Price for Ammonia; Anhydrous or in Aqueous Solution in Kuwait - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Kuwait (FOB) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Kuwait (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Kuwait
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Kuwait
Price for Ammonia; Anhydrous or in Aqueous Solution in Kuwait (FOB) - 2022
The average export price for ammonia; anhydrous or in aqueous solutia stood at $398 per ton in 2022, growing by 3.1% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $603 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($1,786 per ton), while the average price for exports to South Korea ($243 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 Indonesia (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ammonia; Anhydrous or in Aqueous Solution in Kuwait (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $179 per ton, falling by -41.7% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 97%. Over the period under review, average import prices attained the peak figure at $760 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 the United Arab Emirates ($522 per ton), while the price for India ($120 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Kuwait
For the third consecutive year, Kuwait recorded decline in shipments abroad of ammonia; anhydrous or in aqueous solutia, which decreased by -13.6% to 6.1K tons in 2022. Over the period under review, exports continue to indicate a abrupt decline. The smallest decline of -13.6% was in 2021.
In value terms, exports of ammonia; anhydrous or in aqueous solutia fell to $2.4M in 2022. Overall, exports recorded a abrupt shrinkage. The smallest decline of -11% was in 2020.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,631 | 1,458 | 1,299 | 1,154 | -10.9% |
| South Korea | 987 | 897 | 812 | 733 | -9.4% |
| Indonesia | 424 | 402 | 380 | 358 | -5.5% |
| India | 251 | 192 | 147 | 112 | -23.6% |
| China | 142 | 107 | 80.4 | 60.1 | -24.9% |
| Others | 20.2 | 20.7 | 21.2 | 21.6 | 2.3% |
| Total | 3,455 | 3,077 | 2,739 | 2,439 | -11.0% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Kuwait in 2022:
- South Korea (3.0K tons)
- Taiwan (Chinese) (2.6K tons)
- Indonesia (0.2K tons)
- India (0.2K tons)
- China (0.1K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Kuwait
In 2022, supplies from abroad of ammonia; anhydrous or in aqueous solutia decreased by -13.2% to 596 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 694 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of ammonia; anhydrous or in aqueous solutia fell remarkably to $107K in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of $211K, and then contracted dramatically in the following year.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 124 | 102 | 126 | 55.7 | -23.4% |
| United Arab Emirates | 31.6 | 27.4 | 31.2 | 20.9 | -12.9% |
| Saudi Arabia | 12.3 | 18.7 | 31.0 | 20.6 | 18.8% |
| Iran | 1.4 | 2.8 | 4.3 | 1.6 | 4.6% |
| Jordan | 5.4 | 5.0 | 4.8 | 1.5 | -34.8% |
| Others | 10.8 | 26.0 | 13.3 | 6.6 | -15.1% |
| Total | 186 | 182 | 211 | 107 | -16.8% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Kuwait in 2022:
- India (461.9 tons)
- Saudi Arabia (56.9 tons)
- United Arab Emirates (40.1 tons)
- Jordan (8.7 tons)
- Iran (7.1 tons)
281
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Kuwait.
525
This report provides an in-depth analysis of the ammonia market in Kuwait.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2872
This report provides an in-depth analysis of the global ammonia market.
281
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Kuwait.
525
This report provides an in-depth analysis of the ammonia market in Kuwait.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2872
This report provides an in-depth analysis of the global ammonia market.
1173
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.
2408
In value terms, anhydrous ammonia imports amounted to $X in 2016. Overall, anhydrous ammonia imports continue to indicate a mild drop. Global anhydrous ammonia import peaked of $X in 2012; howeve...
2162
In value terms, anhydrous ammonia exports amounted to $X in 2016. Overall, anhydrous ammonia exports continue to indicate a measured contraction. Over the period under review, global anhydrous ammo...
1173
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.
