Price for Ammonia; Anhydrous or in Aqueous Solution in Colombia - 2022

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Colombia (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Colombia (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Colombia
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Colombia

Price for Ammonia; Anhydrous or in Aqueous Solution in Colombia (CIF) - 2022

The average import price for ammonia; anhydrous or in aqueous solutia stood at $1,083 per ton in February 2022, flattening at the previous month. Overall, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in November 2021 when the average import price increased by 699% m-o-m. As a result, import price reached the peak level of $5,160 per ton. From December 2021 to February 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Trinidad and Tobago ($1,083 per ton), while the price for Algeria stood at $1,083 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Colombia (FOB) - 2022

The average export price for ammonia; anhydrous or in aqueous solutia stood at $571 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price showed a mild descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum at $671 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($1,057 per ton), while the average price for exports to Peru ($330 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Colombia

In 2022, imports of ammonia; anhydrous or in aqueous solutia into Colombia dropped to 54K tons, with a decrease of -13.1% on the previous year. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. As a result, imports reached the peak of 62K tons, and then declined in the following year.

In value terms, imports of ammonia; anhydrous or in aqueous solutia expanded remarkably to $38M in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 139%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Ammonia; Anhydrous or in Aqueous Solution in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago13.414.632.032.934.9%
AlgeriaN/AN/AN/A4.90%
EgyptN/AN/A2.7N/A0%
OthersN/AN/A0.10.10.0%
Total13.414.634.837.941.4%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Colombia in 2022:

  1. Trinidad and Tobago (49.7K tons)
  2. Algeria (4.5K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Colombia

In 2022, exports of ammonia; anhydrous or in aqueous solutia from Colombia declined to 574 tons, with a decrease of -6.6% against the previous year's figure. In general, exports saw a abrupt contraction.

In value terms, exports of ammonia; anhydrous or in aqueous solutia declined to $328K in 2022. Over the period under review, exports showed a abrupt curtailment. The smallest decline of -6.8% was in 2021.

Export of Ammonia; Anhydrous or in Aqueous Solution in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoroccoN/AN/AN/A1030%
BelgiumN/AN/AN/A1030%
United KingdomN/AN/AN/A97.60%
Ecuador26118619.319.7-57.7%
Peru1561424.22.5-74.8%
Dominican Republic78.149.54.62.3-69.1%
United StatesN/AN/A196N/A0%
BrazilN/AN/A127N/A0%
Others7.3N/AN/AN/A0%
Total502377352328-13.2%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Colombia in 2022:

  1. Belgium (199.9 tons)
  2. Morocco (181.9 tons)
  3. United Kingdom (164.0 tons)
  4. Ecuador (18.6 tons)
  5. Peru (7.5 tons)
  6. Dominican Republic (2.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ammonia; anhydrous or in aqueous solution - Colombia