Middle East: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in the Middle East

The Middle Eastern ammonium chloride market expanded rapidly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the immediate term.

Ammonium Chloride Production in the Middle East

In value terms, ammonium chloride production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Ammonium Chloride Exports

Exports in the Middle East

For the fourth year in a row, the Middle East recorded growth in overseas shipments of ammonium chloride, which increased by X% to X tons in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, ammonium chloride exports skyrocketed to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Iran was the key exporting country with an export of around X tons, which recorded X% of total exports. Turkey (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together took near X% share of total exports. Jordan (X tons) and Saudi Arabia (X tons) held a relatively small share of total exports.

Iran was also the fastest-growing in terms of the ammonium chloride exports, with a CAGR of X% from 2012 to 2022. At the same time, Jordan (X%), Turkey (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. While the share of Iran (X p.p.) and Jordan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.), Turkey (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the largest ammonium chloride supplying countries in the Middle East were Iran ($X), Turkey ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2014 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Ammonium Chloride Imports

Imports in the Middle East

In 2022, supplies from abroad of ammonium chloride decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Total imports indicated a temperate 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, ammonium chloride imports surged to $X in 2022. Overall, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Turkey was the main importer of ammonium chloride in the Middle East, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Kuwait (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%) and the United Arab Emirates (X%). The following importers - Oman (X tons) and Jordan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ammonium chloride imports into Turkey stood at X%. At the same time, Kuwait (X%), Jordan (X%), Oman (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported ammonium chloride in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Kuwait, with an X% share.

In Turkey, ammonium chloride imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, growing by X% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Jordan ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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