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

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Pakistan (FOB) - 2023
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Pakistan (CIF) - 2022
  3. Exports of Ammonia; Anhydrous or in Aqueous Solution in Pakistan
  4. Imports of Ammonia; Anhydrous or in Aqueous Solution in Pakistan

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

The average export price for ammonia; anhydrous or in aqueous solutia stood at $388 per ton in April 2023, with an increase of 6.4% against the previous month. In general, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in March 2023 an increase of 62% against the previous month. The export price peaked at $586 per ton in August 2022; however, from September 2022 to April 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From August 2022 to April 2023, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per month.

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

The average import price for ammonia; anhydrous or in aqueous solutia stood at $1,387 per ton in 2022, growing by 2.5% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of 29% against the previous year. Over the period under review, average import prices attained the peak figure at $4,659 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Germany ($4,156 per ton), while the price for Sri Lanka ($738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ammonia; Anhydrous or in Aqueous Solution in Pakistan

In 2022, shipments abroad of ammonia; anhydrous or in aqueous solutia decreased by -67.9% to 1K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,633% against the previous year. As a result, the exports reached the peak of 3.2K tons, and then reduced dramatically in the following year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia shrank sharply to $435K in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,848% against the previous year. As a result, the exports attained the peak of $903K, and then fell dramatically in the following year.

Export of Ammonia; Anhydrous or in Aqueous Solution in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.631.3873327236.3%
Saudi ArabiaN/AN/AN/A97.40%
Sri LankaN/A15.121.210.4-17.0%
OthersN/AN/A8.1N/A0%
Total8.646.3903435269.8%

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

  1. United Arab Emirates (745.3 tons)
  2. Saudi Arabia (231.4 tons)
  3. Sri Lanka (36.0 tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Pakistan

In 2022, approx. 136 tons of ammonia; anhydrous or in aqueous solutia were imported into Pakistan; waning by -38.4% against 2021. In general, imports saw a precipitous shrinkage. The smallest decline of -3.4% was in 2020.

In value terms, imports of ammonia; anhydrous or in aqueous solutia fell rapidly to $189K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage.

Import of Ammonia; Anhydrous or in Aqueous Solution in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran98349573.8132-48.8%
China98.513711926.5-35.4%
Belgium15.610.516.48.8-17.4%
Sri Lanka15.021.117.64.6-32.6%
Germany3.112.337.10.3-54.1%
India113N/AN/AN/A0%
Others52.060.735.116.2-32.2%
Total1,281736299189-47.2%

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

  1. Iran (95.2 tons)
  2. China (23.1 tons)
  3. Sri Lanka (6.2 tons)
  4. Belgium (2.7 tons)
  5. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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