Price for Ammonia; Anhydrous or in Aqueous Solution in Singapore - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Singapore (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Singapore (FOB) - 2023
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Singapore
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Singapore
Price for Ammonia; Anhydrous or in Aqueous Solution in Singapore (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $623 per ton, which is down by -6.3% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36% against the previous year. The import price peaked at $1,108 per ton in 2012; however, from 2013 to 2022, 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 Taiwan (Chinese) ($1,178 per ton), while the price for India ($205 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) (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Singapore (FOB) - 2023
The average export price for ammonia; anhydrous or in aqueous solutia stood at $2,580 per ton in September 2022, shrinking by -10.3% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 24% month-to-month. As a result, the export price reached the peak level of $2,875 per ton, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($13,218 per ton), while the average price for exports to Indonesia ($471 per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Singapore
Imports of ammonia; anhydrous or in aqueous solutia into Singapore surged to 103K tons in 2022, jumping by 61% against 2021. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $64M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 7.9 | 10.3 | 26.1 | 37.8 | 68.5% |
| Malaysia | 9.0 | 6.1 | 5.7 | 14.7 | 17.8% |
| China | N/A | N/A | N/A | 5.4 | 0% |
| Taiwan (Chinese) | 2.5 | 3.5 | 3.5 | 3.4 | 10.8% |
| Saudi Arabia | 1.2 | 1.7 | 0.9 | 1.2 | 0.0% |
| India | 0.8 | 0.6 | 0.9 | 1.2 | 14.5% |
| United Arab Emirates | N/A | 1.8 | N/A | N/A | 0% |
| Others | 0.9 | 1.6 | 5.5 | 0.5 | -17.8% |
| Total | 22.3 | 25.6 | 42.6 | 64.2 | 42.3% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Singapore in 2022:
- Indonesia (71.2K tons)
- Malaysia (13.6K tons)
- India (5.9K tons)
- China (5.4K tons)
- Saudi Arabia (4.0K tons)
- Taiwan (Chinese) (2.9K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Singapore
In 2022, approx. 2.5K tons of ammonia; anhydrous or in aqueous solutia were exported from Singapore; picking up by 1.7% on the previous year. Over the period under review, exports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 3.5%. As a result, the exports attained the peak of 2.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ammonia; anhydrous or in aqueous solutia contracted to $4.4M in 2022. Overall, exports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, the exports attained the peak of $7.8M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.8 | 5.6 | 3.0 | 2.8 | 0.0% |
| Taiwan (Chinese) | 1.6 | 1.9 | 1.5 | 1.3 | -6.7% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 4.8 | 7.8 | 4.8 | 4.4 | -2.9% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Singapore in 2022:
- Malaysia (2127.4 tons)
- Indonesia (201.4 tons)
- Taiwan (Chinese) (167.2 tons)
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