Africa: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Africa

The African ammonia in aqueous solution market expanded rapidly to $X in 2022, with an increase of X% against the previous year. Overall, consumption posted strong growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Ammonia In Aqueous Solution in Africa

In value terms, ammonia in aqueous solution production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Ammonia In Aqueous Solution

Exports in Africa

Ammonia in aqueous solution exports amounted to X tons in 2022, growing by X% against the previous year's figure. In general, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, ammonia in aqueous solution exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Algeria (X tons) and South Africa (X tons) took a little share of total exports.

Egypt was also the fastest-growing in terms of the ammonia in aqueous solution exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Egypt increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest ammonia in aqueous solution supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Algeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Egypt amounted to X%. In the other countries, the average annual rates were as follows: Algeria (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a drastic downturn. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Imports of Ammonia In Aqueous Solution

Imports in Africa

In 2022, the amount of ammonia in aqueous solution imported in Africa expanded slightly to X tons, with an increase of X% against the previous year. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ammonia in aqueous solution imports stood at $X in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Nigeria (X tons) and Swaziland (X tons) represented roughly X% of total imports in 2022. Kenya (X tons) took the next position in the ranking, followed by Cote d'Ivoire (X tons) and Tanzania (X tons). All these countries together held approx. X% share of total imports. The following importers - Morocco (X tons), Sudan (X tons), Uganda (X tons), Tunisia (X tons) and Zimbabwe (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Swaziland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported ammonia in aqueous solution in Africa, comprising X% of total imports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform