Price for Ammonia; Anhydrous or in Aqueous Solution in India - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in India (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in India (FOB) - 2023
- Imports of Ammonia; Anhydrous or in Aqueous Solution in India
- Exports of Ammonia; Anhydrous or in Aqueous Solution in India
Price for Ammonia; Anhydrous or in Aqueous Solution in India (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $756 per ton, jumping by 64% against the previous year. In general, the import price posted a temperate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1,082 per ton), while the price for Ukraine ($265 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in India (FOB) - 2023
The average export price for ammonia; anhydrous or in aqueous solutia stood at $296 per ton in September 2023, with a decrease of -29.6% against the previous month. Overall, the export price recorded a perceptible decrease. The pace of growth was the most pronounced in December 2022 when the average export price increased by 17% month-to-month. As a result, the export price reached the peak level of $525 per ton. From January 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cameroon ($622 per ton), while the average price for exports to Malaysia ($189 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Ammonia; Anhydrous or in Aqueous Solution in India
In 2022, approx. 2.9M tons of ammonia; anhydrous or in aqueous solutia were imported into India; stabilizing at 2021 figures. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $2.2B in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 201 | 198 | 236 | 839 | 61.0% |
| Qatar | 164 | 130 | 299 | 345 | 28.1% |
| Indonesia | 111 | 38.3 | 85.2 | 243 | 29.8% |
| Bahrain | 6.7 | 2.9 | 128 | 217 | 218.8% |
| Egypt | 95.4 | 38.6 | 102 | 105 | 3.2% |
| Iran | 31.1 | 31.2 | 65.5 | 63.2 | 26.7% |
| Turkey | 70.2 | 56.7 | 5.4 | 41.9 | -15.8% |
| Ukraine | 69.2 | 73.7 | 199 | 40.3 | -16.5% |
| Others | 27.1 | 68.8 | 196 | 274 | 116.2% |
| Total | 776 | 637 | 1,316 | 2,168 | 40.8% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to India in 2022:
- Saudi Arabia (824.0K tons)
- Qatar (649.2K tons)
- Indonesia (224.8K tons)
- Egypt (214.6K tons)
- Bahrain (201.2K tons)
- Ukraine (152.0K tons)
- Turkey (132.8K tons)
- Iran (118.4K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in India
In 2022, exports of ammonia; anhydrous or in aqueous solutia from India fell to 19K tons, remaining relatively unchanged against the previous year's figure. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 0.6% against the previous year. As a result, the exports reached the peak of 19K tons, and then reduced slightly in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $8.9M in 2022. Over the period under review, exports, however, continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 55.5 | 81.8 | 92.9 | 1,212 | 179.5% |
| Singapore | 673 | 544 | 794 | 1,099 | 17.8% |
| Sri Lanka | 544 | 475 | 627 | 1,086 | 25.9% |
| United Arab Emirates | 639 | 874 | 1,245 | 1,051 | 18.0% |
| Qatar | 509 | 506 | 622 | 923 | 21.9% |
| Cameroon | 179 | 192 | 112 | 542 | 44.7% |
| Nepal | 128 | 81.9 | 239 | 334 | 37.7% |
| Nigeria | 254 | 122 | 65.0 | 323 | 8.3% |
| Kuwait | 115 | 122 | 149 | 273 | 33.4% |
| Australia | 195 | 193 | 155 | 265 | 10.8% |
| Saudi Arabia | 406 | 448 | 338 | 249 | -15.0% |
| Malaysia | 282 | 188 | 158 | 247 | -4.3% |
| Kenya | 113 | 146 | 111 | 242 | 28.9% |
| Others | 796 | 636 | 680 | 1,011 | 8.3% |
| Total | 4,888 | 4,611 | 5,387 | 8,858 | 21.9% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from India in 2022:
- United Arab Emirates (3.9K tons)
- Singapore (3.2K tons)
- Qatar (2.4K tons)
- Sri Lanka (1.3K tons)
- Oman (0.9K tons)
- Cameroon (0.9K tons)
- Saudi Arabia (0.8K tons)
- Malaysia (0.8K tons)
- Kuwait (0.7K tons)
- Nigeria (0.6K tons)
- Australia (0.5K tons)
- Nepal (0.4K tons)
- Kenya (0.4K tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in India.
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This report provides an in-depth analysis of the ammonia market in India.
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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.
329
This report provides an in-depth analysis of the market for ammonia in aqueous solution in India.
1275
This report provides an in-depth analysis of the ammonia market in India.
582
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2947
This report provides an in-depth analysis of the global ammonia market.
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In June 2023, the price of Anhydrous Ammonia was $328 per ton (CIF, India), showing a decline of -21.2% compared to 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.
561
In June 2023, the price of Anhydrous Ammonia was $328 per ton (CIF, India), showing a decline of -21.2% compared to the previous month.
2423
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...
2181
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...
1184
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.
