Price for Ammonia; Anhydrous or in Aqueous Solution in South Africa - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in South Africa (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in South Africa (FOB) - 2024
- Imports of Ammonia; Anhydrous or in Aqueous Solution in South Africa
- Exports of Ammonia; Anhydrous or in Aqueous Solution in South Africa
Price for Ammonia; Anhydrous or in Aqueous Solution in South Africa (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,043 per ton, remaining constant against the previous year. In general, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 288% against the previous year. The import price peaked at $9,406 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Algeria ($1,373 per ton), while the price for Saudi Arabia ($646 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+65.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in South Africa (FOB) - 2024
In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $362 per ton, declining by -23.5% against the previous month. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in August 2023 an increase of 5.2% month-to-month. The export price peaked at $888 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Zimbabwe ($518 per ton), while the average price for exports to Swaziland ($173 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ammonia; Anhydrous or in Aqueous Solution in South Africa
In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into South Africa surged to 164K tons, with an increase of 94% against the year before. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,504% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $171M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 246%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 44.3 | 0% |
| Indonesia | N/A | N/A | 9.1 | 34.6 | 280.2% |
| Saudi Arabia | N/A | N/A | 26.8 | 24.9 | -7.1% |
| China | 0.1 | N/A | N/A | 22.3 | 506.4% |
| Algeria | N/A | 7.8 | 4.2 | 21.0 | 64.1% |
| Libya | N/A | N/A | N/A | 17.4 | 0% |
| Trinidad and Tobago | 22.1 | 17.8 | 32.4 | 6.9 | -32.2% |
| Australia | N/A | N/A | 8.3 | N/A | 0% |
| Others | 0.1 | 0.1 | 8.1 | N/A | 800.0% |
| Total | 22.2 | 25.7 | 88.9 | 171 | 97.5% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to South Africa in 2022:
- Saudi Arabia (38.5K tons)
- Brazil (36.8K tons)
- Indonesia (32.0K tons)
- China (21.5K tons)
- Algeria (15.3K tons)
- Libya (14.9K tons)
- Trinidad and Tobago (5.4K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in South Africa
In 2022, after three years of growth, there was significant decline in overseas shipments of ammonia; anhydrous or in aqueous solutia, when their volume decreased by -12.1% to 23K tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 26K tons, and then fell in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia expanded sharply to $16M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 184%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 2.8 | 3.2 | 11.4 | 9.4 | 49.7% |
| Namibia | 1.4 | 1.4 | 2.7 | 5.2 | 54.9% |
| Swaziland | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Others | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
| Total | 4.9 | 5.2 | 14.7 | 15.8 | 47.7% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from South Africa in 2022:
- Zimbabwe (12.8K tons)
- Namibia (7.3K tons)
- Swaziland (2.2K tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in South Africa.
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in South Africa.
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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 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.
