Thailand - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonia Price in Thailand - 2023
Contents:
- Ammonia Price in Thailand (CIF) - 2023
- Ammonia Price in Thailand (FOB) - 2023
- Ammonia Imports in Thailand
- Ammonia Exports in Thailand
Ammonia Price in Thailand (CIF) - 2023
In September 2023, the average ammonia import price amounted to $368 per ton, rising by 11% against the previous month. Overall, the import price, however, saw a deep reduction. Over the period under review, average import prices attained the peak figure at $954 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($3,762 per ton), while the price for Indonesia ($352 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Ammonia Price in Thailand (FOB) - 2023
In September 2023, the average ammonia export price amounted to $1,753 per ton, jumping by 40% against the previous month. In general, export price indicated tangible growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, ammonia export price increased by +133.5% against July 2023 indices. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 67% m-o-m. Over the period under review, the average export prices hit record highs at $1,780 per ton in December 2022; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Lao People's Democratic Republic ($5,432 per ton), while the average price for exports to Malaysia ($811 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Ammonia Imports in Thailand
In 2022, the amount of anhydrous ammonia imported into Thailand dropped dramatically to 317K tons, falling by -32.2% against the previous year's figure. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of 468K tons, and then dropped sharply in the following year.
In value terms, ammonia imports skyrocketed to $302M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 154% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Ammonia in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 72.2 | 65.4 | 146 | 204 | 41.4% |
| Indonesia | 23.1 | 11.7 | 29.4 | 80.8 | 51.8% |
| Australia | 17.6 | 11.8 | 53.6 | 16.4 | -2.3% |
| Saudi Arabia | N/A | 6.4 | 13.5 | N/A | 110.9% |
| Others | 0.5 | 0.3 | 0.7 | 0.5 | 0.0% |
| Total | 113 | 95.7 | 243 | 302 | 38.8% |
Top Suppliers of Ammonia to Thailand in 2022:
- Malaysia (214.8K tons)
- Indonesia (85.5K tons)
- Australia (17.0K tons)
Ammonia Exports in Thailand
In 2022, after two years of decline, there was significant growth in shipments abroad of anhydrous ammonia, when their volume increased by 31% to 1.6K tons. In general, exports, however, showed a deep downturn.
In value terms, ammonia exports surged to $1.2M in 2022. Overall, exports, however, recorded a pronounced curtailment.
| Export of Ammonia in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 737 | 341 | 384 | 587 | -7.3% |
| Cambodia | 507 | 379 | 325 | 447 | -4.1% |
| Myanmar | N/A | 205 | 185 | 135 | -18.8% |
| Others | 3.7 | 7.0 | 5.1 | N/A | 17.4% |
| Total | 1,248 | 931 | 900 | 1,169 | -2.2% |
Top Export Markets for Ammonia from Thailand in 2022:
- Malaysia (1302.5 tons)
- Cambodia (238.4 tons)
- Myanmar (96.0 tons)
This report provides an in-depth analysis of the ammonia market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
1093
This report provides an in-depth analysis of the ammonia market in Thailand.
352
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Thailand.
2863
This report provides an in-depth analysis of the global ammonia market.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
1093
This report provides an in-depth analysis of the ammonia market in Thailand.
352
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Thailand.
2863
This report provides an in-depth analysis of the global ammonia market.
571
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
469
In May 2023, the anhydrous ammonia price stood at $362 per ton (CIF, Thailand), with a decrease of -27% against the previous month.
1169
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.
469
In May 2023, the anhydrous ammonia price stood at $362 per ton (CIF, Thailand), with a decrease of -27% against the previous month.
2402
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...
2157
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...
1169
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.
