Price for Ammonia; Anhydrous or in Aqueous Solution in the UK - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in the UK (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in the UK (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in the UK
- Exports of Ammonia; Anhydrous or in Aqueous Solution in the UK
Price for Ammonia; Anhydrous or in Aqueous Solution in the UK (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $813 per ton, jumping by 18% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 417% against the previous year. As a result, import price attained the peak level of $1,624 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,015 per ton), while the price for the Netherlands ($259 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in the UK (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $687 per ton, increasing by 26% against the previous year. Over the period under review, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 an increase of 55%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3,410 per ton), while the average price for exports to Ireland ($434 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 the Netherlands (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ammonia; Anhydrous or in Aqueous Solution in the UK
Imports of ammonia; anhydrous or in aqueous solutia into the UK skyrocketed to 150K tons in 2022, rising by 411% on the year before. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 5,864% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $122M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 2,436% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 3.5 | N/A | 19.0 | 33.7 | 112.7% |
| Trinidad and Tobago | 4.0 | N/A | N/A | 31.8 | 99.6% |
| United States | 0.3 | 0.3 | 0.3 | 21.8 | 317.3% |
| Indonesia | N/A | N/A | N/A | 21.1 | 0% |
| Colombia | N/A | N/A | N/A | 6.2 | 0% |
| Libya | N/A | N/A | N/A | 5.4 | 0% |
| Others | 0.4 | 0.5 | 0.8 | 1.5 | 55.4% |
| Total | 8.2 | 0.8 | 20.2 | 122 | 146.0% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to the UK in 2022:
- Algeria (57.2K tons)
- Trinidad and Tobago (51.4K tons)
- United States (16.5K tons)
- Indonesia (15.2K tons)
- Colombia (4.5K tons)
- Libya (4.0K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in the UK
In 2022, approx. 149K tons of ammonia; anhydrous or in aqueous solutia were exported from the UK; which is down by -36.2% against the previous year. Overall, exports faced a deep setback. The smallest decline of -0.2% was in 2021.
In value terms, exports of ammonia; anhydrous or in aqueous solutia contracted notably to $103M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of $128M, and then fell sharply in the following year.
| Export of Ammonia; Anhydrous or in Aqueous Solution in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.3 | 23.7 | 20.7 | 36.2 | 21.3% |
| Germany | 37.4 | 38.1 | 44.2 | 35.6 | -1.6% |
| Norway | 2.1 | 2.0 | 39.2 | 9.1 | 63.0% |
| Spain | N/A | N/A | N/A | 8.5 | 0% |
| Finland | 8.0 | 2.5 | 10.4 | 4.5 | -17.5% |
| Ireland | 1.7 | 0.9 | 1.8 | 2.6 | 15.2% |
| Netherlands | 6.2 | 5.8 | 7.0 | 0.1 | -74.7% |
| Morocco | N/A | 3.3 | N/A | N/A | 0% |
| Others | 0.7 | 6.4 | 4.4 | 6.0 | 104.7% |
| Total | 76.2 | 82.6 | 128 | 103 | 10.6% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from the UK in 2022:
- France (62.6K tons)
- Germany (53.2K tons)
- Norway (15.3K tons)
- Ireland (6.1K tons)
- Finland (6.0K tons)
- Spain (5.5K tons)
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This report provides an in-depth analysis of the ammonia market in the UK.
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in the UK.
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This report provides an in-depth analysis of the ammonia market in the UK.
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This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
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