Belgium - Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belgium - Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution - Market Analysis, Forecast, Size, Trends And Insights

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Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium - 2023

Contents:

  1. Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (CIF) - 2023
  2. Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (FOB) - 2023
  3. Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium
  4. Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium

Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (CIF) - 2023

In October 2023, the average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $226 per ton, dropping by -6.6% against the previous month. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 7.5% against the previous month. The import price peaked at $614 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to -5.4% per month.

Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (FOB) - 2023

In August 2023, the average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $306 per ton, waning by -13.2% against the previous month. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in December 2022 an increase of 7.5% month-to-month. The export price peaked at $686 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In August 2023, the country with the highest price was France ($311 per ton), while the average price for exports to Germany ($244 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-5.5%), while the prices for the other major destinations experienced a decline.

Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium

In 2022, approx. 1.1M tons of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution were imported into Belgium; increasing by 246% compared with 2021 figures. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution soared to $374M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.3N/AN/A105170.6%
Trinidad and Tobago3.313.510.098.9210.6%
RussiaN/AN/AN/A68.60%
Netherlands9.913.831.756.578.7%
Lithuania21.729.148.437.319.8%
Poland7.73.34.24.8-14.6%
France2.71.20.62.3-5.2%
Belarus0.46.7N/AN/A1575.0%
Others0.1N/A0.10.344.2%
Total51.067.695.037494.3%

Top Suppliers of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution to Belgium in 2022:

  1. United States (372.4K tons)
  2. Trinidad and Tobago (369.7K tons)
  3. Russia (125.5K tons)
  4. Lithuania (118.6K tons)
  5. Netherlands (94.2K tons)
  6. Poland (21.4K tons)
  7. France (10.5K tons)

Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium

Exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from Belgium surged to 1.1M tons in 2022, jumping by 242% against the year before. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution skyrocketed to $313M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France34.658.368.720079.5%
Germany2.80.71.853.2166.8%
Netherlands0.82.54.017.1177.5%
DenmarkN/AN/AN/A12.70%
Others0.12.69.530.1570.2%
Total38.264.284.0313101.6%

Top Export Markets for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution from Belgium in 2022:

  1. France (807.6K tons)
  2. Germany (162.6K tons)
  3. Netherlands (69.9K tons)
  4. Denmark (19.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4006 - Urea and ammonium nitrate solutions (UAN)

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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