Price for Ammonia; Anhydrous or in Aqueous Solution in Indonesia - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Indonesia (FOB) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Indonesia (CIF) - 2022
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Indonesia
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Indonesia
Price for Ammonia; Anhydrous or in Aqueous Solution in Indonesia (FOB) - 2022
In March 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $864 per ton, with an increase of 6.4% against the previous month. Overall, export price indicated a strong increase from March 2021 to March 2022: its price increased at an average monthly rate of +7.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for ammonia; anhydrous or in aqueous solutia increased by +48.2% against October 2021 indices. The pace of growth appeared the most rapid in April 2021 when the average export price increased by 26% month-to-month. Over the period under review, the average export prices hit record highs in March 2022.
Average prices varied noticeably for the major foreign markets. In March 2022, the highest price was recorded for prices to Belgium ($933 per ton) and Japan ($866 per ton), while the average price for exports to Taiwan (Chinese) ($825 per ton) and South Korea ($848 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Indonesia (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $950 per ton, surging by 71% against the previous year. Over the period under review, the import price recorded a measured increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 80%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($1,301 per ton), while the price for Australia amounted to $943 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Indonesia
In 2022, approx. 2.1M tons of ammonia; anhydrous or in aqueous solutia were exported from Indonesia; rising by 18% against 2021. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 67%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of ammonia; anhydrous or in aqueous solutia soared to $1.7B in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 132% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 117 | 112 | 299 | 462 | 58.1% |
| India | 82.8 | 33.7 | 80.3 | 263 | 47.0% |
| Japan | 43.3 | 27.3 | 77.6 | 173 | 58.7% |
| Taiwan (Chinese) | 50.9 | 54.9 | 144 | 168 | 48.9% |
| China | 91.9 | 118 | 167 | 132 | 12.8% |
| Morocco | N/A | N/A | N/A | 77.5 | 0% |
| Thailand | 20.9 | 9.2 | 28.4 | 74.6 | 52.8% |
| Vietnam | 15.6 | 13.4 | 49.4 | 62.7 | 59.0% |
| Turkey | N/A | N/A | N/A | 58.7 | 0% |
| Belgium | N/A | N/A | N/A | 47.9 | 0% |
| Singapore | 6.4 | 9.7 | 21.3 | 38.8 | 82.3% |
| South Africa | N/A | N/A | 8.2 | 26.6 | 224.4% |
| Australia | 11.5 | N/A | 9.9 | 17.9 | 15.9% |
| Others | 3.4 | 8.1 | 12.5 | 112 | 220.6% |
| Total | 444 | 387 | 898 | 1,714 | 56.9% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Indonesia in 2022:
- South Korea (510.4K tons)
- China (306.0K tons)
- India (301.8K tons)
- Japan (196.6K tons)
- Taiwan (Chinese) (188.5K tons)
- Thailand (85.1K tons)
- Morocco (84.0K tons)
- Vietnam (68.4K tons)
- Turkey (67.8K tons)
- Belgium (55.5K tons)
- Singapore (43.7K tons)
- Australia (43.2K tons)
- South Africa (33.0K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Indonesia
In 2022, purchases abroad of ammonia; anhydrous or in aqueous solutia decreased by -46.9% to 34K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 217% against the previous year. As a result, imports attained the peak of 64K tons, and then contracted markedly in the following year.
In value terms, imports of ammonia; anhydrous or in aqueous solutia reduced to $32M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 470% against the previous year. As a result, imports reached the peak of $36M, and then contracted in the following year.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.8 | 2.7 | 35.2 | 31.9 | 103.2% |
| Oman | N/A | 1.8 | N/A | N/A | 0% |
| Malaysia | N/A | 1.6 | N/A | N/A | 0% |
| Others | 0.6 | 0.2 | 0.5 | 0.5 | -5.9% |
| Total | 4.4 | 6.3 | 35.7 | 32.4 | 94.5% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Indonesia in 2022:
- Australia (33.9K tons)
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