Price for Ammonia; Anhydrous or in Aqueous Solution in Egypt - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Egypt (FOB) - 2023
- Price for Ammonia; Anhydrous or in Aqueous Solution in Egypt (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Egypt
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Egypt
Price for Ammonia; Anhydrous or in Aqueous Solution in Egypt (FOB) - 2023
In July 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $910 per ton, remaining constant against the previous month. Over the period under review, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 19% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,263 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Sweden ($1,004 per ton), while the average price for exports to Israel ($422 per ton) was amongst the lowest.
From December 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Egypt (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $1,174 per ton in 2022, jumping by 68% against the previous year. In general, the import price showed prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 220% against the previous year. As a result, import price attained the peak level of $1,370 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Oman.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -11.5% per year.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Egypt
In 2022, approx. 601K tons of ammonia; anhydrous or in aqueous solutia were exported from Egypt; picking up by 12% on 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $509M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 240%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 48.2 | 37.5 | 75.1 | 100 | 27.5% |
| Morocco | N/A | N/A | N/A | 65.6 | 0% |
| Tunisia | N/A | N/A | N/A | 58.2 | 0% |
| Bulgaria | N/A | 1.1 | 17.6 | 32.0 | 439.4% |
| Netherlands | N/A | 0.1 | 31.3 | 31.2 | 1666.4% |
| Jordan | N/A | 11.7 | 18.2 | 26.3 | 49.9% |
| Belgium | N/A | N/A | 11.9 | 26.2 | 120.2% |
| Spain | 7.1 | 4.0 | N/A | 22.7 | 47.3% |
| France | 2.2 | N/A | 8.3 | 21.2 | 112.8% |
| Israel | 2.8 | 0.6 | 0.3 | 20.3 | 93.5% |
| Turkey | 26.0 | 12.8 | 39.5 | 20.2 | -8.1% |
| Germany | 0.7 | N/A | 11.0 | 18.2 | 196.2% |
| Italy | 4.1 | 4.3 | N/A | 11.4 | 40.6% |
| Others | 16.1 | 10.4 | 67.8 | 55.5 | 51.1% |
| Total | 107 | 82.6 | 281 | 509 | 68.2% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Egypt in 2022:
- India (140.7K tons)
- Bulgaria (44.7K tons)
- Morocco (44.3K tons)
- Netherlands (43.6K tons)
- Tunisia (39.3K tons)
- France (37.3K tons)
- Jordan (36.8K tons)
- Belgium (36.7K tons)
- Israel (32.2K tons)
- Germany (31.8K tons)
- Turkey (29.9K tons)
- Spain (24.5K tons)
- Italy (22.2K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Egypt
Imports of ammonia; anhydrous or in aqueous solutia into Egypt surged to 15K tons in 2022, picking up by 97,621% against the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained 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 $18M in 2022. Overall, imports recorded a significant increase. 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 Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 17.7 | 0% |
| Spain | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | N/A | N/A | 17.7 | 138.8% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Egypt in 2022:
- Oman (15.1K tons)
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