Price for Ammonia; Anhydrous or in Aqueous Solution in Tanzania - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Tanzania (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Tanzania (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Tanzania
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Tanzania

Price for Ammonia; Anhydrous or in Aqueous Solution in Tanzania (CIF) - 2022

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,010 per ton, waning by -12.5% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $1,909 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 South Africa ($5,054 per ton), while the price for China ($530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Tanzania (FOB) - 2022

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $898 per ton, picking up by 31% against the previous year. Overall, the export price posted a tangible increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 315% against the previous year. As a result, the export price attained the peak level of $2,402 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($911 per ton), while the average price for exports to Democratic Republic of the Congo ($870 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+90.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Tanzania

For the fourth year in a row, Tanzania recorded growth in overseas purchases of ammonia; anhydrous or in aqueous solutia, which increased by 12% to 356 tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of ammonia; anhydrous or in aqueous solutia reduced slightly to $360K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $368K, and then fell slightly in the following year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10015015322130.3%
Kenya57.254.94.354.7-1.5%
Egypt17.433.842.844.737.0%
South Africa2.03.716217.5106.1%
United KingdomN/AN/A1.810.0455.6%
China0.4N/A3.73.5106.1%
Others2.64.00.18.548.4%
Total18024736836026.0%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Tanzania in 2022:

  1. India (290.1 tons)
  2. Egypt (23.6 tons)
  3. Kenya (20.2 tons)
  4. China (6.6 tons)
  5. United Kingdom (6.3 tons)
  6. South Africa (3.5 tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Tanzania

In 2022, after two years of decline, there was significant decline in overseas shipments of ammonia; anhydrous or in aqueous solutia, when their volume decreased by -17.7% to 4.3 tons. In general, exports faced a dramatic slump.

In value terms, exports of ammonia; anhydrous or in aqueous solutia rose significantly to $3.8K in 2022. Over the period under review, exports continue to indicate a significant decline.

Export of Ammonia; Anhydrous or in Aqueous Solution in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZambiaN/AN/A1.43.2128.6%
MalawiN/AN/A2.10.4-81.0%
Democratic Republic of the CongoN/AN/AN/A0.20%
Burundi28.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total28.4N/A3.63.8-48.9%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Tanzania in 2022:

  1. Zambia (3.6 tons)
  2. Malawi (0.5 tons)
  3. Democratic Republic of the Congo (0.2 tons)

Source: IndexBox Market Intelligence Platform

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