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

Contents:

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

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

The average export price for ammonia; anhydrous or in aqueous solutia stood at $605 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 63% against the previous year. The export price peaked at $748 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($641 per ton), while the average price for exports to India amounted to $515 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,298 per ton, growing by 58% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ammonia; anhydrous or in aqueous solutia decreased by -22.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $1,730 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($3,102 per ton), while the price for India ($508 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ammonia; Anhydrous or in Aqueous Solution in Bahrain

After three years of growth, overseas shipments of ammonia; anhydrous or in aqueous solutia decreased by -13% to 60K tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 128% against the previous year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $36M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 78%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Ammonia; Anhydrous or in Aqueous Solution in Bahrain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A7.517.927.390.8%
India7.76.711.48.74.2%
ThailandN/A2.2N/AN/A0%
China1.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.516.429.236.156.0%

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

  1. South Korea (42.6K tons)
  2. India (17.0K tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Bahrain

In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Bahrain contracted significantly to 93 tons, waning by -56.2% against the previous year. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 183% against the previous year. As a result, imports reached the peak of 212 tons, and then dropped dramatically in the following year.

In value terms, imports of ammonia; anhydrous or in aqueous solutia declined dramatically to $121K in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year.

Import of Ammonia; Anhydrous or in Aqueous Solution in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates11452.370.746.3-25.9%
Saudi Arabia39.032.28.544.14.2%
India57.737.283.529.9-19.7%
PakistanN/AN/A11.6N/A0%
Others2.83.10.40.2-58.5%
Total214125175121-17.3%

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

  1. India (58.9 tons)
  2. United Arab Emirates (19.8 tons)
  3. Saudi Arabia (14.2 tons)

Source: IndexBox Market Intelligence Platform

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