EU: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in the EU

In 2023, after three years of growth, there was significant decline in the EU calcium ammonium nitrate (CAN) market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Calcium Ammonium Nitrate (CAN) in the EU

In value terms, calcium ammonium nitrate (CAN) production reduced to $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then shrank in the following year.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in the EU

In 2023, approx. X tons of calcium ammonium nitrate (CAN) were exported in the European Union; waning by X% compared with the year before. In general, exports recorded a perceptible setback. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, calcium ammonium nitrate (CAN) exports shrank dramatically to $X in 2023. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the exports attained the peak of $X, and then declined significantly in the following year.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total exports in 2023. Germany (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%), France (X%), Slovakia (X%) and Spain (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports. Hungary, France, Slovakia and Spain lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, France, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per ton in 2022, and then declined in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in France ($X per ton) and Hungary ($X per ton), while Germany ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Imports of Calcium Ammonium Nitrate (CAN)

Imports in the EU

In 2023, the amount of calcium ammonium nitrate (CAN) imported in the European Union fell remarkably to X tons, reducing by X% on the year before. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, calcium ammonium nitrate (CAN) imports reduced notably to $X in 2023. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), Belgium (X tons), Sweden (X tons), Hungary (X tons), Denmark (X tons) and Ireland (X tons) were the key importers of calcium ammonium nitrate (CAN), together achieving X% of total imports. The following importers - Poland (X tons), Spain (X tons), Romania (X tons), the Czech Republic (X tons), the Netherlands (X tons) and Slovakia (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Sweden, Ireland, Denmark, Poland, Hungary, Spain, Romania, the Czech Republic, the Netherlands and Slovakia lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform