Price for Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates
- Exports of Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates
Price for Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $209 per ton in 2022, shrinking by -6.4% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $564 per ton in 2014; however, from 2015 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 Egypt ($330 per ton), while the price for India ($124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+65.6%), while the prices for the other major suppliers experienced a decline.
Price for Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $969 per ton, surging by 98% against the previous year. Overall, the export price saw a noticeable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($1,228 per ton), while the average price for exports to China ($407 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 India (+5.8%), while the prices for the other major destinations experienced a decline.
Imports of Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates
In 2022, approx. 359K tons of ammonia; anhydrous or in aqueous solutia were imported into the United Arab Emirates; picking up by 6.1% on the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 8,944%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of ammonia; anhydrous or in aqueous solutia shrank slightly to $75M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 8,118% against the previous year. As a result, imports reached the peak of $76M, leveling off in the following year.
| Import of Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 7.2 | N/A | 68.7 | 63.3 | 106.4% |
| Egypt | N/A | N/A | N/A | 7.8 | 0% |
| United States | N/A | N/A | 4.6 | 3.5 | -23.9% |
| India | 0.6 | 0.9 | 1.2 | 0.3 | -20.6% |
| Others | N/A | N/A | 1.0 | 0.1 | -90.0% |
| Total | 7.8 | 0.9 | 75.6 | 75.1 | 112.7% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to the United Arab Emirates in 2022:
- Qatar (314.0K tons)
- Egypt (23.7K tons)
- United States (17.5K tons)
- India (2.5K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in the United Arab Emirates
Exports of ammonia; anhydrous or in aqueous solutia from the United Arab Emirates rose to 74K tons in 2022, increasing by 2.5% compared with the year before. In general, exports, however, saw a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, the exports attained the peak of 199K 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 $72M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 17.4 | 12.3 | 8.0 | 24.3 | 11.8% |
| Tunisia | N/A | N/A | N/A | 23.5 | 0% |
| Jordan | N/A | N/A | N/A | 16.0 | 0% |
| China | 40.5 | 45.4 | 15.8 | 5.7 | -48.0% |
| Portugal | N/A | N/A | N/A | 2.1 | 0% |
| South Korea | N/A | N/A | 4.0 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 7.5 | N/A | 0% |
| Others | 0.5 | 2.2 | 0.3 | 0.6 | 6.3% |
| Total | 58.3 | 59.9 | 35.5 | 72.2 | 7.4% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from the United Arab Emirates in 2022:
- India (22.7K tons)
- Tunisia (22.2K tons)
- China (14.1K tons)
- Jordan (13.0K tons)
- Portugal (1.9K tons)
- South Korea (0.1K tons)
329
This report provides an in-depth analysis of the market for ammonia in aqueous solution in the United Arab Emirates.
778
This report provides an in-depth analysis of the ammonia market in the United Arab Emirates.
570
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 the United Arab Emirates.
778
This report provides an in-depth analysis of the ammonia market in the United Arab Emirates.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2858
This report provides an in-depth analysis of the global ammonia market.
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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.
