Kazakhstan: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Kazakhstan

After two years of growth, the Kazakh ammonium nitrate market decreased by X% to $X in 2023. In general, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X, and then fell in the following year.

Ammonium Nitrate Production in Kazakhstan

In value terms, ammonium nitrate production rose significantly to $X in 2023 estimated in export price. Over the period under review, the total production indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Ammonium nitrate production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Ammonium Nitrate Exports

Exports from Kazakhstan

In 2023, the amount of ammonium nitrate exported from Kazakhstan skyrocketed to X tons, increasing by X% against the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, ammonium nitrate exports skyrocketed to $X in 2023. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for ammonium nitrate exports from Kazakhstan, with a X% share of total exports. Moreover, ammonium nitrate exports to Ukraine exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), fivefold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Ukraine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Russia (X% per year).

In value terms, Ukraine ($X) remains the key foreign market for ammonium nitrate exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the average ammonium nitrate export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Nitrate Imports

Imports into Kazakhstan

In 2023, after two years of growth, there was significant decline in supplies from abroad of ammonium nitrate, when their volume decreased by X% to X tons. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then declined sharply in the following year.

In value terms, ammonium nitrate imports contracted sharply to $X in 2023. In general, imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2022, and then dropped notably in the following year.

Imports by Country

In 2023, Russia (X tons) constituted the largest supplier of ammonium nitrate to Kazakhstan, accounting for a X% share of total imports. Moreover, ammonium nitrate imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), fourfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Russia stood at X%.

In value terms, Russia ($X) constituted the largest supplier of ammonium nitrate to Kazakhstan, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Russia amounted to X%.

Import Prices by Country

The average ammonium nitrate import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the import price showed perceptible growth. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2023 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 Russia ($X per ton), while the price for Uzbekistan amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform