Turkey - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonia Price in Turkey - 2023
Contents:
- Ammonia Price in Turkey (CIF) - 2023
- Ammonia Price in Turkey (FOB) - 2023
- Ammonia Imports in Turkey
- Ammonia Exports in Turkey
Ammonia Price in Turkey (CIF) - 2023
In September 2023, the average ammonia import price amounted to $374 per ton, growing by 21% against the previous month. In general, the import price, however, saw a abrupt descent. The import price peaked at $1,097 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Libya ($463 per ton) and Russia ($333 per ton), while the price for Iran ($313 per ton) and Trinidad and Tobago ($331 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Trinidad and Tobago (-1.6%), while the prices for the other major suppliers experienced a decline.
Ammonia Price in Turkey (FOB) - 2023
The average ammonia export price stood at $397 per ton in September 2023, reducing by -3.5% against the previous month. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in December 2022 an increase of 6% month-to-month. Over the period under review, the average export prices hit record highs at $1,360 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Israel ($420 per ton), while the average price for exports to Bosnia and Herzegovina stood at $360 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-9.5%), while the prices for the other major destinations experienced a decline.
Ammonia Imports in Turkey
In 2022, overseas purchases of anhydrous ammonia increased by 45% to 1.3M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ammonia imports skyrocketed to $868M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ammonia in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 155 | 172 | 272 | 195 | 8.0% |
Bahrain | N/A | N/A | 20.0 | 160 | 700.0% |
Indonesia | N/A | N/A | N/A | 90.2 | 0% |
Saudi Arabia | N/A | N/A | 17.8 | 88.7 | 398.3% |
Algeria | 59.0 | 57.8 | 38.7 | 83.9 | 12.5% |
Oman | N/A | N/A | N/A | 67.0 | 0% |
Iran | 1.8 | 1.3 | 5.1 | 32.6 | 162.6% |
Egypt | 23.6 | 19.2 | 24.5 | 21.8 | -2.6% |
Trinidad and Tobago | 26.9 | 20.6 | N/A | 5.7 | -40.4% |
Others | 6.0 | 17.0 | 75.0 | 123 | 173.7% |
Total | 273 | 288 | 453 | 868 | 47.0% |
Top Suppliers of Ammonia to Turkey in 2022:
- Algeria (361.4K tons)
- Russia (358.9K tons)
- Bahrain (151.6K tons)
- Iran (108.2K tons)
- Indonesia (82.1K tons)
- Saudi Arabia (78.8K tons)
- Oman (57.9K tons)
- Egypt (19.9K tons)
- Trinidad and Tobago (4.6K tons)
Ammonia Exports in Turkey
Ammonia exports from Turkey fell to 135K tons in 2022, which is down by -4.2% against 2021. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 450%. As a result, the exports reached the peak of 141K tons, and then fell slightly in the following year.
In value terms, ammonia exports soared to $104M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 605% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Ammonia in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | N/A | N/A | 28.2 | 32.3 | 14.5% |
Israel | 9.0 | 11.1 | 14.4 | 28.6 | 47.0% |
Belgium | N/A | N/A | 11.8 | 20.9 | 77.1% |
Spain | 3.1 | N/A | N/A | 13.7 | 64.1% |
Serbia | N/A | N/A | N/A | 6.1 | 0% |
Bulgaria | 2.9 | N/A | 8.2 | 0.6 | -40.9% |
Jordan | N/A | N/A | 9.6 | N/A | 0% |
France | N/A | N/A | 7.8 | N/A | 0% |
Others | 0.3 | 0.3 | 0.3 | 2.0 | 88.2% |
Total | 15.2 | 11.4 | 80.4 | 104 | 89.8% |
Top Export Markets for Ammonia from Turkey in 2022:
- Israel (57.8K tons)
- Morocco (32.5K tons)
- Belgium (23.4K tons)
- Spain (13.4K tons)
- Serbia (5.2K tons)
- Bulgaria (1.7K tons)
This report provides an in-depth analysis of the ammonia market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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 Turkey.
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Turkey.
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 Turkey.
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Turkey.
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.
From December 2022 to July 2023, the growth of Anhydrous Ammonia imports remained stagnant. However, in terms of value, the imports of Anhydrous Ammonia saw a significant increase, reaching $20M in July 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.
From December 2022 to July 2023, the growth of Anhydrous Ammonia imports remained stagnant. However, in terms of value, the imports of Anhydrous Ammonia saw a significant increase, reaching $20M in July 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.