Production of Ammonia in Trinidad and Tobago - 2022
Ammonia Production in Trinidad and Tobago - 2022
In 2022, approx. 5.1M tons of anhydrous ammonia were produced in Trinidad and Tobago; approximately equating the year before. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 12% against the previous year. As a result, production reached the peak volume of 5.5M tons. From 2020 to 2022, production growth failed to regain momentum.
In value terms, ammonia production declined to $2B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2017 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, production reached the peak level of $2.4B, and then contracted in the following year.
2845
This report provides an in-depth analysis of the global ammonia market.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2845
This report provides an in-depth analysis of the global ammonia market.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
1168
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.
2401
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...
2154
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...
1168
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.
