Southern Asia: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Southern Asia

The South Asian ammonia in aqueous solution market totaled $X in 2022, almost unchanged from the previous year. The total consumption indicated a strong increase 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, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Ammonia In Aqueous Solution in Southern Asia

In value terms, ammonia in aqueous solution production shrank to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Ammonia In Aqueous Solution

Exports in Southern Asia

In 2022, shipments abroad of ammonia in aqueous solution decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Total exports indicated temperate growth 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 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then dropped markedly in the following year.

In value terms, ammonia in aqueous solution exports surged to $X in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

India dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Pakistan (X tons), generating a X% share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by X percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price 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, ammonia in aqueous solution export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Imports of Ammonia In Aqueous Solution

Imports in Southern Asia

In 2022, ammonia in aqueous solution imports in Southern Asia dropped modestly to X tons, declining by X% on 2021 figures. Overall, imports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, ammonia in aqueous solution imports rose significantly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Nepal was the key importer of ammonia in aqueous solution in Southern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. Pakistan (X tons) ranks second in terms of the total imports with a X% share, followed by Sri Lanka (X%) and Bangladesh (X%). The following importers - India (X tons) and Afghanistan (X tons) - each recorded an X% share of total imports.

Imports into Nepal increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, Pakistan (X%) and Afghanistan (X%) illustrated a downward trend over the same period. While the share of Nepal (X p.p.), Bangladesh (X p.p.) and Sri Lanka (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.), Afghanistan (X p.p.) and Pakistan (X p.p.) displayed negative dynamics.

In value terms, India ($X), Sri Lanka ($X) and Pakistan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Nepal, Bangladesh and Afghanistan lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of 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 2022, the import price in Southern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform