SADC: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in SADC

After two years of growth, the SADC ammonium chloride market decreased by X% to $X in 2023. The total consumption indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Ammonium Chloride Production in SADC

In value terms, ammonium chloride production reduced modestly to $X in 2023 estimated in export price. In general, production saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Ammonium Chloride Exports

Exports in SADC

In 2023, ammonium chloride exports in SADC soared to X tons, rising by X% on the previous year. Overall, exports, however, showed a abrupt setback. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, ammonium chloride exports surged to $X in 2023. Over the period under review, exports, however, recorded a deep downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the ammonium chloride exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest ammonium chloride supplier in SADC.

From 2012 to 2023, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a slight downturn. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Ammonium Chloride Imports

Imports in SADC

In 2023, the amount of ammonium chloride imported in SADC reduced remarkably to X tons, shrinking by X% compared with the previous year. Total imports indicated a modest increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, ammonium chloride imports dropped slightly to $X in 2023. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced modestly in the following year.

Imports by Country

South Africa dominates imports structure, reaching X tons, which was approx. X% of total imports in 2023. The following importers - Namibia (X tons), Angola (X tons) and Zambia (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to ammonium chloride imports into South Africa stood at X%. At the same time, Angola (X%), Zambia (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. While the share of Angola (X p.p.), Zambia (X p.p.) and Namibia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported ammonium chloride in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

In South Africa, ammonium chloride imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Angola (X% per year) and Zambia (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the immediate term.

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 Angola ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform