Price for Ammonia; Anhydrous or in Aqueous Solution in the United States - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in the United States (CIF) - 2024
- Price for Ammonia; Anhydrous or in Aqueous Solution in the United States (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in the United States
- Exports of Ammonia; Anhydrous or in Aqueous Solution in the United States
Price for Ammonia; Anhydrous or in Aqueous Solution in the United States (CIF) - 2024
In October 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $473 per ton, surging by 17% against the previous month. Over the period under review, the import price, however, showed a deep setback. The import price peaked at $900 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Canada ($539 per ton), while the price for Belgium ($80.0 per ton) was amongst the lowest.
From February 2023 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ammonia; Anhydrous or in Aqueous Solution in the United States (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $533 per ton, picking up by 24% against the previous year. Over the period under review, the export price, however, showed a slight decrease. The pace of growth appeared the most rapid in 2014 an increase of 105% against the previous year. As a result, the export price attained the peak level of $650 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($2,044 per ton), while the average price for exports to Belgium ($208 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 Norway (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ammonia; Anhydrous or in Aqueous Solution in the United States
Imports of ammonia; anhydrous or in aqueous solutia into the United States soared to 3.7M tons in 2022, picking up by 41% compared with the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports of hit record highs 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 $2.4B in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 107% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Ammonia; Anhydrous or in Aqueous Solution in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Trinidad and Tobago | 357 | 277 | 641 | 1,303 | 54.0% |
| Canada | 381 | 366 | 659 | 1,095 | 42.2% |
| Others | 6.2 | 9.3 | 52.0 | 35.0 | 78.1% |
| Total | 745 | 652 | 1,352 | 2,434 | 48.4% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to the United States in 2022:
- Trinidad and Tobago (2.5M tons)
- Canada (1.2M tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in the United States
In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from the United States skyrocketed to 1.2M tons, increasing by 256% on 2021 figures. Overall, exports continue to indicate a significant increase. As a result, the exports attained 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 $662M in 2022. Over the period under review, exports saw a significant expansion. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 215 | 0% |
| Mexico | 56.8 | 55.2 | 70.4 | 138 | 34.4% |
| Morocco | 6.2 | 9.5 | 8.1 | 105 | 156.8% |
| Chile | 18.7 | 14.5 | 20.2 | 49.7 | 38.5% |
| Spain | N/A | N/A | N/A | 44.2 | 0% |
| Netherlands | N/A | N/A | 19.1 | 32.9 | 72.3% |
| Belgium | 3.3 | 0.4 | 1.4 | 4.5 | 10.9% |
| South Korea | 8.5 | 10.2 | 0.1 | N/A | -89.2% |
| Others | 13.9 | 22.7 | 30.7 | 72.9 | 73.7% |
| Total | 107 | 112 | 150 | 662 | 83.6% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from the United States in 2022:
- Morocco (451.2K tons)
- Norway (303.3K tons)
- Mexico (160.1K tons)
- Chile (137.1K tons)
- Spain (52.3K tons)
- Netherlands (35.8K tons)
- Belgium (21.5K tons)
483
This report provides an in-depth analysis of the market for ammonia in aqueous solution in the U.S..
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This report provides an in-depth analysis of the ammonia market in the U.S..
602
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
3094
This report provides an in-depth analysis of the global ammonia market.
483
This report provides an in-depth analysis of the market for ammonia in aqueous solution in the U.S..
1218
This report provides an in-depth analysis of the ammonia market in the U.S..
602
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
3094
This report provides an in-depth analysis of the global ammonia market.
332
Ammonia In Aqueous Solution imports decreased to $699K in value terms in July 2023.
76
Ammonia imports reached a peak of 6M tons in 2013, but failed to regain momentum from 2014 to 2023. In terms of value, ammonia imports plummeted to $1.3B in 2023.
607
In August 2022, the ammonia price per ton amounted to $1.1K (CIF, US), increasing by 2.2% against the previous month.
2920
In June 2022, the ammonia price per ton amounted to $1,001 per ton, waning by -2.8% against the previous month.
491
In Mar 2022, the average ammonia import price amounted to $1,034 per ton, growing by 4.7% against the previous month.
1215
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.
332
Ammonia In Aqueous Solution imports decreased to $699K in value terms in July 2023.
76
Ammonia imports reached a peak of 6M tons in 2013, but failed to regain momentum from 2014 to 2023. In terms of value, ammonia imports plummeted to $1.3B in 2023.
607
In August 2022, the ammonia price per ton amounted to $1.1K (CIF, US), increasing by 2.2% against the previous month.
2920
In June 2022, the ammonia price per ton amounted to $1,001 per ton, waning by -2.8% against the previous month.
