Spain - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonia Price in Spain - 2023
Contents:
- Ammonia Price in Spain (CIF) - 2023
- Ammonia Price in Spain (FOB) - 2023
- Ammonia Imports in Spain
- Ammonia Exports in Spain
Ammonia Price in Spain (CIF) - 2023
The average ammonia import price stood at $299 per ton in August 2023, dropping by -11.4% against the previous month. Over the period under review, the import price faced a abrupt downturn. The growth pace was the most rapid in April 2023 an increase of 1,431% month-to-month. As a result, import price reached the peak level of $12,002 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($2,818 per ton), while the price for the United States stood at $299 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Portugal (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ammonia Price in Spain (FOB) - 2023
The average ammonia export price stood at $457 per ton in August 2023, jumping by 17% against the previous month. Overall, the export price, however, saw a deep downturn. The export price peaked at $2,672 per ton in October 2022; however, from November 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the country with the highest price was Italy ($556 per ton), while the average price for exports to Portugal amounted to $426 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-11.2%).
Ammonia Imports in Spain
In 2022, the amount of anhydrous ammonia imported into Spain surged to 535K tons, with an increase of 24% against the year before. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, ammonia imports soared to $464M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Ammonia in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 92.5 | 64.5 | 192 | 164 | 21.0% |
Portugal | N/A | N/A | 4.0 | 56.2 | 1305.0% |
United States | N/A | N/A | N/A | 52.1 | 0% |
Trinidad and Tobago | 8.1 | 4.1 | N/A | 37.4 | 66.5% |
Egypt | 6.3 | 3.1 | N/A | 35.0 | 77.1% |
Turkey | 3.4 | N/A | N/A | 17.1 | 71.3% |
Russia | 2.1 | 30.9 | 43.0 | 8.9 | 61.8% |
Others | 7.1 | 1.3 | 0.2 | 93.6 | 136.2% |
Total | 120 | 104 | 239 | 464 | 57.0% |
Top Suppliers of Ammonia to Spain in 2022:
- Algeria (267.7K tons)
- United States (43.8K tons)
- Portugal (42.4K tons)
- Trinidad and Tobago (30.0K tons)
- Egypt (28.9K tons)
- Turkey (26.9K tons)
- Russia (20.0K tons)
Ammonia Exports in Spain
Ammonia exports from Spain soared to 87K tons in 2022, picking up by 76% against 2021. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ammonia exports soared to $50M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Ammonia in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 22.1 | 17.8 | 26.9 | 46.9 | 28.5% |
Italy | N/A | N/A | 0.8 | 3.4 | 325.0% |
Others | 0.3 | 0.1 | 0.3 | 0.2 | -12.6% |
Total | 22.4 | 17.9 | 27.9 | 50.5 | 31.1% |
Top Export Markets for Ammonia from Spain in 2022:
- Portugal (85.7K tons)
- Italy (1.7K tons)
This report provides an in-depth analysis of the ammonia market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20151075 - Anhydrous ammonia
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the ammonia market in Spain.
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Spain.
This report provides an in-depth analysis of the global ammonia market.
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
This report provides an in-depth analysis of the ammonia market in Spain.
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Spain.
This report provides an in-depth analysis of the global ammonia market.
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
In May 2023, the growth pace of Anhydrous Ammonia was the most rapid, experiencing a massive increase of 4,511,407% month-on-month. In terms of value, ammonia imports expanded rapidly, reaching $4.7M in September 2023.
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.
In May 2023, the growth pace of Anhydrous Ammonia was the most rapid, experiencing a massive increase of 4,511,407% month-on-month. In terms of value, ammonia imports expanded rapidly, reaching $4.7M in September 2023.
In value terms, anhydrous ammonia imports amounted to $X in 2016. Overall, anhydrous ammonia imports continue to indicate a mild drop. Global anhydrous ammonia import peaked of $X in 2012; howeve...
In value terms, anhydrous ammonia exports amounted to $X in 2016. Overall, anhydrous ammonia exports continue to indicate a measured contraction. Over the period under review, global anhydrous ammo...
With the pandemic's impact, it is expected that in 2020, global consumption of ammonia should remain nearly unchanged against 2019. In the medium term, as the global economy gets back to work, the market will start recovering, driven by major fundamentals that existed before the crisis.