Price for Ammonia; Anhydrous or in Aqueous Solution in Venezuela - 2022

Contents:

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

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

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $727 per ton, falling by -12.4% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 35%. Over the period under review, the average export prices reached the maximum at $830 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,833 per ton), while the average price for exports to Chile ($501 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 Brazil (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for ammonia; anhydrous or in aqueous solutia stood at $3,450 per ton in 2022, picking up by 45% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2016 when the average import price increased by 132% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,679 per ton), while the price for Germany amounted to $2,636 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ammonia; Anhydrous or in Aqueous Solution in Venezuela

In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Venezuela surged to 3.7K tons, with an increase of 71% on the previous year. Overall, exports, however, showed a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 81% against the previous year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $2.7M in 2022. In general, exports, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 99% against the previous year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.20.71.31.9-28.5%
Brazil1.10.20.30.6-18.3%
Chile0.80.10.20.2-37.0%
OthersN/AN/AN/AN/A0%
Total7.20.91.82.7-27.9%

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

  1. United States (2.9K tons)
  2. Chile (0.5K tons)
  3. Brazil (0.3K tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Venezuela

For the third consecutive year, Venezuela recorded decline in supplies from abroad of ammonia; anhydrous or in aqueous solutia, which decreased by -10.1% to 4.9 tons in 2022. Overall, imports saw a dramatic shrinkage.

In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $17K in 2022. In general, imports continue to indicate a significant contraction.

Import of Ammonia; Anhydrous or in Aqueous Solution in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States35.96.78.09.2-36.5%
Germany13.03.25.17.8-15.7%
China3.4N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total52.510.013.117.1-31.2%

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

  1. Germany (3.0 tons)
  2. United States (2.0 tons)

Source: IndexBox Market Intelligence Platform

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