Price for Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia (FOB) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia
Price for Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia (FOB) - 2022
In 2021, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $484 per ton, jumping by 36% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. The export price peaked at $538 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($590 per ton), while the average price for exports to Australia ($361 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia
In 2022, after two years of decline, there was growth in overseas shipments of ammonia; anhydrous or in aqueous solutia, when their volume increased by 4% to 3.4M tons. Over the period under review, exports, however, continue to indicate a abrupt descent.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $2.5B in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 1,055 | 945 | 490 | -31.8% | |
| United States | 55.1 | 127 | 193 | 87.2% | |
| Brazil | 313 | 237 | 182 | -23.7% | |
| South Korea | 102 | 123 | 170 | 29.1% | |
| Bangladesh | 84.2 | 136 | 98.4 | 8.1% | |
| Taiwan (Chinese) | 37.2 | 27.6 | 91.1 | 56.5% | |
| China | 39.3 | 63.5 | 56.2 | 19.6% | |
| Australia | 56.2 | 57.2 | 54.6 | -1.4% | |
| Kenya | 94.7 | 58.4 | 27.1 | -46.5% | |
| Turkey | N/A | 12.2 | 13.5 | 10.7% | |
| Others | 145 | 168 | 199 | 17.2% | |
| Total | 1,982 | 1,956 | 1,576 | -10.8% | |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Saudi Arabia in 2022:
- India (1086.5K tons)
- United States (413.0K tons)
- Brazil (330.4K tons)
- South Korea (315.8K tons)
- Bangladesh (220.0K tons)
- Taiwan (Chinese) (168.1K tons)
- Australia (151.5K tons)
- China (137.4K tons)
- Kenya (67.0K tons)
- Turkey (23.4K tons)
396
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Saudi Arabia.
1632
This report provides an in-depth analysis of the ammonia market in Saudi Arabia.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2856
This report provides an in-depth analysis of the global ammonia market.
396
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Saudi Arabia.
1632
This report provides an in-depth analysis of the ammonia market in Saudi Arabia.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2856
This report provides an in-depth analysis of the global ammonia market.
1168
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.
2401
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...
2156
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...
1168
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.
