Price for Ammonia; Anhydrous or in Aqueous Solution in Libya - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Libya (FOB) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Libya (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Libya
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Libya
Price for Ammonia; Anhydrous or in Aqueous Solution in Libya (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $561 per ton, picking up by 24% against the previous year. In general, the export price, however, saw a perceptible descent. The growth pace was the most rapid in 2021 when the average export price increased by 91%. The export price peaked at $685 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($639 per ton) and Portugal ($585 per ton), while the average price for exports to Turkey ($516 per ton) and South Africa ($555 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 Turkey (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ammonia; Anhydrous or in Aqueous Solution in Libya (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,631 per ton, falling by -18.2% against the previous year. Overall, the import price, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2020 an increase of 105%. Over the period under review, average import prices reached the peak figure at $3,627 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($4,586 per ton), while the price for Egypt ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Libya
In 2022, after three years of growth, there was significant decline in overseas shipments of ammonia; anhydrous or in aqueous solutia, when their volume decreased by -22.8% to 144K tons. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,252% against the previous year. As a result, the exports reached the peak of 186K tons, and then declined remarkably in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia shrank to $81M in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,488% against the previous year. As a result, the exports attained the peak of $84M, and then declined modestly in the following year.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | 6.2 | 29.9 | 382.3% |
| Turkey | 0.8 | 3.3 | 40.5 | 19.0 | 187.4% |
| Portugal | N/A | N/A | N/A | 9.4 | 0% |
| South Africa | N/A | N/A | N/A | 7.0 | 0% |
| Jordan | N/A | N/A | 16.5 | 7.0 | -57.6% |
| Bulgaria | N/A | N/A | 6.7 | 2.9 | -56.7% |
| United Kingdom | N/A | N/A | N/A | 2.2 | 0% |
| India | N/A | N/A | 14.3 | N/A | 0% |
| Others | 3.2 | N/A | N/A | 3.2 | 0.0% |
| Total | 4.0 | 3.3 | 84.2 | 80.6 | 172.1% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Libya in 2022:
- Morocco (51.1K tons)
- Turkey (36.8K tons)
- Portugal (16.1K tons)
- South Africa (12.6K tons)
- Jordan (12.2K tons)
- Bulgaria (5.1K tons)
- United Kingdom (3.4K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Libya
In 2022, overseas purchases of ammonia; anhydrous or in aqueous solutia were finally on the rise to reach 43 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant decline.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $71K in 2022. In general, imports, however, showed a drastic downturn.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 48.0 | N/A | 3.3 | 43.5 | -3.2% |
| Egypt | 40.0 | N/A | N/A | 15.5 | -27.1% |
| Tunisia | N/A | N/A | N/A | 11.0 | 0% |
| Turkey | 4.3 | N/A | 1.3 | 0.1 | -71.5% |
| Belgium | N/A | 4.8 | 6.2 | N/A | 29.2% |
| Germany | 38.6 | 71.8 | N/A | N/A | 86.0% |
| United Arab Emirates | N/A | N/A | 13.1 | N/A | 0% |
| Italy | 2.5 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 6.8 | 7.2 | 0.8 | -30.7% |
| Total | 136 | 83.4 | 31.1 | 70.9 | -19.5% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Libya in 2022:
- Egypt (29.9 tons)
- United Kingdom (10.5 tons)
- Tunisia (2.4 tons)
- Turkey (0.4 tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Libya.
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