Price for Ammonia; Anhydrous or in Aqueous Solution in Turkey - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Turkey (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Turkey (FOB) - 2024
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Turkey
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Turkey
Price for Ammonia; Anhydrous or in Aqueous Solution in Turkey (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $606 per ton in 2022, rising by 36% against the previous year. Overall, the import price recorded a modest increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 44%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
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 ($1,202 per ton), while the price for Trinidad and Tobago ($308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Turkey (FOB) - 2024
In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $361 per ton, with a decrease of -13.2% against the previous month. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in March 2023 an increase of 31% month-to-month. As a result, the export price reached the peak level of $924 per ton. From April 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Bosnia and Herzegovina ($360 per ton) and Morocco ($308 per ton), while the average price for exports to Syrian Arab Republic ($248 per ton) and Israel ($260 per ton) were amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Turkey
In 2022, approx. 1.4M tons of ammonia; anhydrous or in aqueous solutia were imported into Turkey; with an increase of 40% against the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +54.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $868M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 155 | 172 | 272 | 195 | 8.0% |
| Bahrain | N/A | N/A | 20.0 | 160 | 700.0% |
| Indonesia | N/A | N/A | N/A | 90.2 | 0% |
| Saudi Arabia | N/A | N/A | 17.8 | 88.7 | 398.3% |
| Algeria | 59.0 | 57.8 | 38.7 | 83.9 | 12.5% |
| Libya | 0.8 | 3.3 | 40.5 | 47.1 | 289.0% |
| Iran | 1.8 | 1.3 | 5.1 | 32.6 | 162.6% |
| Egypt | 23.6 | 19.2 | 24.5 | 21.8 | -2.6% |
| Trinidad and Tobago | 26.9 | 20.6 | N/A | 5.7 | -40.4% |
| Ukraine | 5.2 | 13.3 | 30.6 | 5.3 | 0.6% |
| Others | 0.1 | 0.6 | 4.1 | 138 | 1013.3% |
| Total | 273 | 288 | 453 | 868 | 47.0% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Turkey in 2022:
- Russia (422.0K tons)
- Algeria (234.1K tons)
- Libya (139.9K tons)
- Bahrain (138.5K tons)
- Saudi Arabia (130.6K tons)
- Iran (75.8K tons)
- Indonesia (75.1K tons)
- Egypt (60.5K tons)
- Trinidad and Tobago (18.6K tons)
- Ukraine (11.5K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Turkey
Exports of ammonia; anhydrous or in aqueous solutia from Turkey surged to 199K tons in 2022, jumping by 38% on the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 378%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $106M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 573%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | 28.2 | 32.3 | 14.5% |
| Israel | 9.3 | 11.4 | 14.7 | 29.5 | 46.9% |
| Belgium | N/A | N/A | 11.8 | 20.9 | 77.1% |
| Spain | 3.1 | N/A | N/A | 13.7 | 64.1% |
| Serbia | N/A | N/A | N/A | 6.1 | 0% |
| Bulgaria | 2.9 | N/A | 8.2 | 0.6 | -40.9% |
| Jordan | N/A | N/A | 9.6 | N/A | 0% |
| Others | 0.7 | 0.6 | 8.6 | 3.1 | 64.2% |
| Total | 16.0 | 12.1 | 81.1 | 106 | 87.8% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Turkey in 2022:
- Israel (54.1K tons)
- Morocco (52.4K tons)
- Belgium (51.7K tons)
- Spain (21.0K tons)
- Serbia (16.1K tons)
- Bulgaria (1.1K tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Turkey.
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This report provides an in-depth analysis of the ammonia market in Turkey.
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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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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Turkey.
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This report provides an in-depth analysis of the ammonia market in Turkey.
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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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Discover the key statistics and trends in the world's top import markets for ammonia in 2023. Learn about the countries driving the global demand for this essential chemical compound.
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