Price for Ammonia; Anhydrous or in Aqueous Solution in China - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in China (CIF) - 2024
- Price for Ammonia; Anhydrous or in Aqueous Solution in China (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in China
- Exports of Ammonia; Anhydrous or in Aqueous Solution in China
Price for Ammonia; Anhydrous or in Aqueous Solution in China (CIF) - 2024
In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $384 per ton, with an increase of 9.8% against the previous month. In general, the import price, however, recorded a abrupt contraction. The import price peaked at $865 per ton in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($411 per ton), while the price for Saudi Arabia totaled $353 per ton.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-6.1%), while the prices for the other major suppliers experienced a decline.
Price for Ammonia; Anhydrous or in Aqueous Solution in China (FOB) - 2022
The average export price for ammonia; anhydrous or in aqueous solutia stood at $925 per ton in 2022, picking up by 7.8% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 47%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,374 per ton), while the average price for exports to Macao SAR ($193 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ammonia; Anhydrous or in Aqueous Solution in China
In 2022, supplies from abroad of ammonia; anhydrous or in aqueous solutia decreased by -40.5% to 485K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a significant decline. The most prominent rate of growth was recorded in 2020 when imports increased by 9%. As a result, imports attained the peak of 1.2M tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of ammonia; anhydrous or in aqueous solutia reduced sharply to $248M in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $416M, and then declined markedly in the following year.
| Import of Ammonia; Anhydrous or in Aqueous Solution in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 109 | 142 | 188 | 139 | 8.4% |
| Saudi Arabia | 50.5 | 80.9 | 64.6 | 53.8 | 2.1% |
| Malaysia | 13.3 | 23.6 | 55.5 | 31.2 | 32.9% |
| Qatar | N/A | N/A | N/A | 6.1 | 0% |
| United Arab Emirates | 40.5 | 45.4 | 15.8 | 5.7 | -48.0% |
| Oman | 42.8 | 1.6 | 15.7 | N/A | -39.4% |
| Egypt | 22.9 | 10.3 | 28.6 | N/A | 11.8% |
| Trinidad and Tobago | 14.9 | 7.4 | N/A | N/A | -50.3% |
| Others | 31.9 | 20.1 | 47.8 | 12.3 | -27.2% |
| Total | 326 | 331 | 416 | 248 | -8.7% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to China in 2022:
- Indonesia (265.4K tons)
- Saudi Arabia (131.2K tons)
- Malaysia (71.0K tons)
- Qatar (9.8K tons)
- United Arab Emirates (2.2K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in China
In 2022, exports of ammonia; anhydrous or in aqueous solutia from China skyrocketed to 191K tons, picking up by 3,842% against the year before. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $176M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.1 | N/A | 64.0 | 761.8% |
| Turkey | N/A | N/A | N/A | 21.1 | 0% |
| South Korea | N/A | N/A | N/A | 19.0 | 0% |
| Vietnam | 0.9 | 0.9 | 1.0 | 17.4 | 168.4% |
| Thailand | 0.4 | 0.8 | 0.8 | 15.8 | 240.6% |
| Morocco | N/A | N/A | N/A | 13.5 | 0% |
| South Africa | N/A | N/A | N/A | 8.6 | 0% |
| Philippines | 0.1 | 0.1 | 0.3 | 4.7 | 260.9% |
| Madagascar | N/A | N/A | N/A | 3.8 | 0% |
| Taiwan (Chinese) | 0.1 | N/A | N/A | 2.6 | 196.2% |
| Singapore | N/A | N/A | N/A | 2.3 | 0% |
| Indonesia | 0.3 | N/A | N/A | 1.3 | 63.0% |
| Macao SAR | 0.5 | 0.5 | 0.2 | 0.1 | -41.5% |
| Others | 1.6 | 1.9 | 1.8 | 2.0 | 7.7% |
| Total | 4.0 | 4.2 | 4.1 | 176 | 253.0% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from China in 2022:
- India (46.6K tons)
- Turkey (35.5K tons)
- Vietnam (28.1K tons)
- Morocco (21.6K tons)
- Thailand (16.6K tons)
- Philippines (9.4K tons)
- South Africa (6.8K tons)
- South Korea (6.3K tons)
- Taiwan (Chinese) (5.1K tons)
- Singapore (5.1K tons)
- Madagascar (4.1K tons)
- Indonesia (2.6K tons)
- Macao SAR (0.5K tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in China.
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This report provides an in-depth analysis of the ammonia market in China.
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This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
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This report provides an in-depth analysis of the global ammonia market.
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in China.
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This report provides an in-depth analysis of the ammonia market in China.
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This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
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This report provides an in-depth analysis of the global ammonia market.
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In April 2023, the ammonia in aqueous solution price amounted to $1,596 per ton (CIF, China), increasing by 3.8% against the previous month.
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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.
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In April 2023, the ammonia in aqueous solution price amounted to $1,596 per ton (CIF, China), increasing by 3.8% against the previous month.
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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...
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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...
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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.
