Price for Ammonia; Anhydrous or in Aqueous Solution in Belgium - 2023

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Belgium (CIF) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Belgium (FOB) - 2023
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Belgium
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Belgium

Price for Ammonia; Anhydrous or in Aqueous Solution in Belgium (CIF) - 2023

In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $356 per ton, increasing by 7% against the previous month. Overall, the import price, however, saw a abrupt slump. The import price peaked at $1,116 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,596 per ton), while the price for Trinidad and Tobago ($347 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Ammonia; Anhydrous or in Aqueous Solution in Belgium (FOB) - 2023

In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $534 per ton, with an increase of 8.9% against the previous month. Over the period under review, the export price, however, saw a perceptible descent. The pace of growth was the most pronounced in August 2023 an increase of 30% month-to-month. Over the period under review, the average export prices hit record highs at $978 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Democratic Republic of the Congo ($1,078 per ton), while the average price for exports to the Dominican Republic ($482 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Belgium

In 2022, imports of ammonia; anhydrous or in aqueous solutia into Belgium surged to 2.3M tons, growing by 79% against 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $1B in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 199%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Ammonia; Anhydrous or in Aqueous Solution in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago77.333.112744178.7%
Russia17490.51732116.6%
Netherlands30.629.654.911756.4%
Algeria2.1N/A10793.4254.3%
IndonesiaN/AN/AN/A47.90%
France13.85.121.321.616.1%
Germany4.615.311.317.255.2%
Others4.10.426.591.8181.9%
Total3061745211,04150.4%

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

  1. Trinidad and Tobago (1202.2K tons)
  2. Russia (524.3K tons)
  3. Netherlands (225.9K tons)
  4. Algeria (163.5K tons)
  5. Indonesia (37.6K tons)
  6. Germany (35.0K tons)
  7. France (31.9K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Belgium

In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Belgium soared to 195K tons, surging by 105% compared with the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 106%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $208M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 386%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Ammonia; Anhydrous or in Aqueous Solution in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.22.430.7143115.9%
France15.65.420.955.652.8%
Netherlands2.01.83.03.722.8%
Luxembourg0.50.30.60.50.0%
Others2.02.12.85.540.1%
Total34.311.958.020882.4%

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

  1. Germany (100.1K tons)
  2. France (80.9K tons)
  3. Netherlands (7.9K tons)
  4. Luxembourg (2.2K tons)

Source: IndexBox Market Intelligence Platform

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