Price for Ammonia; Anhydrous or in Aqueous Solution in Malaysia - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Malaysia (FOB) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Malaysia (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Malaysia
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Malaysia
Price for Ammonia; Anhydrous or in Aqueous Solution in Malaysia (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $663 per ton, picking up by 30% against the previous year. Over the period under review, the export price recorded a perceptible increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($1,002 per ton), while the average price for exports to China ($390 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 South Korea (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Malaysia (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $794 per ton in 2022, dropping by -7.8% against the previous year. Over the period under review, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2013 an increase of 49% against the previous year. As a result, import price reached the peak level of $1,398 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 South Korea ($3,693 per ton), while the price for India ($446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Malaysia
In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Malaysia was estimated at 600K tons, picking up by 13% against 2021. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $397M in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 60.6 | 62.0 | 136 | 200 | 48.9% |
| India | 0.1 | N/A | 17.9 | 109 | 929.1% |
| South Korea | 6.3 | 15.4 | 34.3 | 30.1 | 68.4% |
| China | 12.2 | 20.2 | 50.6 | 26.4 | 29.3% |
| Turkey | N/A | N/A | N/A | 14.2 | 0% |
| Singapore | 9.2 | 5.8 | 5.5 | 10.2 | 3.5% |
| Vietnam | 18.8 | 12.7 | 14.4 | 6.7 | -29.1% |
| Australia | 3.7 | 14.8 | 2.2 | 0.1 | -70.0% |
| Japan | 14.5 | 8.1 | 7.8 | N/A | -26.7% |
| Others | 8.4 | 9.8 | 0.7 | 0.7 | -56.3% |
| Total | 134 | 149 | 269 | 397 | 43.6% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Malaysia in 2022:
- India (244.5K tons)
- Thailand (215.5K tons)
- China (67.7K tons)
- South Korea (30.1K tons)
- Turkey (15.0K tons)
- Vietnam (14.7K tons)
- Singapore (10.7K tons)
- Australia (0.2K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Malaysia
In 2022, imports of ammonia; anhydrous or in aqueous solutia into Malaysia soared to 19K tons, picking up by 86% compared with the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $15M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.6 | 3.6 | 2.6 | 7.9 | 44.8% |
| Singapore | 3.1 | 2.9 | 2.6 | 2.7 | -4.5% |
| South Korea | 1.0 | 0.6 | 0.8 | 1.6 | 17.0% |
| Taiwan (Chinese) | 1.1 | 1.7 | 1.1 | 0.7 | -14.0% |
| China | 1.2 | 1.0 | 0.7 | 0.7 | -16.4% |
| Thailand | 0.7 | 0.4 | 0.4 | 0.6 | -5.0% |
| India | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| Others | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
| Total | 10.5 | 10.5 | 8.7 | 14.9 | 12.4% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Malaysia in 2022:
- Indonesia (13.9K tons)
- Singapore (2.1K tons)
- India (0.9K tons)
- Thailand (0.7K tons)
- Taiwan (Chinese) (0.4K tons)
- South Korea (0.4K tons)
- China (0.2K tons)
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