Price for Ammonia; Anhydrous or in Aqueous Solution in Slovakia - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Slovakia (FOB) - 2023
- Price for Ammonia; Anhydrous or in Aqueous Solution in Slovakia (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Slovakia
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Slovakia
Price for Ammonia; Anhydrous or in Aqueous Solution in Slovakia (FOB) - 2023
In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $521 per ton, surging by 38% against the previous month. Over the period under review, the export price, however, showed a abrupt curtailment. The export price peaked at $1,086 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Ukraine ($794 per ton), while the average price for exports to Bosnia and Herzegovina stood at $738 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+1.8%), while the prices for the other major destinations experienced a decline.
Price for Ammonia; Anhydrous or in Aqueous Solution in Slovakia (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $388 per ton in 2022, surging by 4% against the previous year. In general, the import price, however, saw a slight slump. The growth pace was the most rapid in 2021 when the average import price increased by 73%. The import price peaked at $433 per ton in 2012; however, from 2013 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 Romania ($817 per ton), while the price for Poland ($217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Slovakia
In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Slovakia skyrocketed to 56K tons, rising by 24% compared with 2021. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of 60K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $30M in 2022. Overall, exports recorded significant growth. 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 Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 9.3 | 12.5 | 12.8 | 14.6 | 16.2% |
| Austria | 1.0 | 1.6 | 2.4 | 6.4 | 85.7% |
| Italy | N/A | N/A | 0.4 | 3.8 | 850.0% |
| Hungary | 0.4 | 0.5 | 0.7 | 1.6 | 58.7% |
| Slovenia | 0.1 | 0.1 | 0.3 | 1.5 | 146.6% |
| Croatia | 0.1 | 0.3 | 0.4 | 0.9 | 108.0% |
| Germany | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Romania | 0.2 | 0.1 | 2.4 | N/A | 246.4% |
| Others | 0.3 | 0.1 | 0.7 | 1.3 | 63.0% |
| Total | 11.4 | 15.2 | 20.2 | 30.4 | 38.7% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Slovakia in 2022:
- Czech Republic (25.9K tons)
- Austria (12.6K tons)
- Italy (7.2K tons)
- Slovenia (3.9K tons)
- Croatia (2.5K tons)
- Hungary (1.9K tons)
- Germany (1.0K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Slovakia
In 2022, supplies from abroad of ammonia; anhydrous or in aqueous solutia increased by 289% to 25K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep slump.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $9.7M in 2022. Over the period under review, imports posted a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 754 | 961 | 1,174 | 4,272 | 78.3% |
| Poland | 1,889 | 377 | 362 | 2,703 | 12.7% |
| Ukraine | 1,084 | 133 | N/A | 1,424 | 9.5% |
| Hungary | 264 | 280 | 409 | 523 | 25.6% |
| Austria | N/A | 0.1 | 25.0 | 238 | 4778.5% |
| Romania | 2,071 | N/A | N/A | 137 | -59.6% |
| Croatia | 2,650 | N/A | 415 | N/A | -60.4% |
| Netherlands | 102 | 59.6 | N/A | N/A | -41.6% |
| Others | 121 | 18.0 | 14.5 | 419 | 51.3% |
| Total | 8,935 | 1,828 | 2,399 | 9,716 | 2.8% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Slovakia in 2022:
- Poland (12.4K tons)
- Czech Republic (8.9K tons)
- Ukraine (2.0K tons)
- Hungary (0.7K tons)
- Austria (0.5K tons)
- Romania (0.2K tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Slovakia.
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