Price for Ammonia; Anhydrous or in Aqueous Solution in Spain - 2023
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Spain (CIF) - 2023
- Price for Ammonia; Anhydrous or in Aqueous Solution in Spain (FOB) - 2023
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Spain
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Spain
Price for Ammonia; Anhydrous or in Aqueous Solution in Spain (CIF) - 2023
The average import price for ammonia; anhydrous or in aqueous solutia stood at $401 per ton in September 2023, jumping by 34% against the previous month. Over the period under review, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 814% month-to-month. As a result, import price reached the peak level of $7,169 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($2,611 per ton), while the price for Portugal ($383 per ton) was amongst the lowest.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Ammonia; Anhydrous or in Aqueous Solution in Spain (FOB) - 2023
In September 2023, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $503 per ton, picking up by 8.5% against the previous month. In general, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in August 2023 an increase of 17% against the previous month. Over the period under review, the average export prices reached the maximum at $1,143 per ton in January 2023; however, from February 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Italy ($601 per ton), while the average price for exports to Portugal amounted to $487 per ton.
From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-6.2%).
Imports of Ammonia; Anhydrous or in Aqueous Solution in Spain
In 2022, the amount of ammonia; anhydrous or in aqueous solutia imported into Spain surged to 659K tons, rising by 52% compared with the previous year. Overall, imports posted prominent growth. 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 skyrocketed to $461M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 92.5 | 64.5 | 191 | 169 | 22.2% |
| Portugal | N/A | N/A | 4.0 | 53.9 | 1247.5% |
| United States | N/A | N/A | N/A | 49.9 | 0% |
| Trinidad and Tobago | 8.1 | 4.1 | N/A | 35.5 | 63.6% |
| Egypt | 6.3 | 3.0 | N/A | 34.6 | 76.4% |
| Indonesia | N/A | N/A | N/A | 24.8 | 0% |
| Brazil | N/A | N/A | N/A | 17.9 | 0% |
| Turkey | 3.4 | N/A | N/A | 17.2 | 71.7% |
| United Kingdom | N/A | N/A | N/A | 14.4 | 0% |
| Saudi Arabia | N/A | N/A | N/A | 13.0 | 0% |
| Oman | N/A | N/A | N/A | 11.7 | 0% |
| Russia | 2.1 | 31.0 | 43.3 | 9.6 | 66.0% |
| Others | 7.2 | 1.4 | 0.3 | 9.6 | 10.1% |
| Total | 120 | 104 | 239 | 461 | 56.6% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Spain in 2022:
- Algeria (277.4K tons)
- Trinidad and Tobago (96.7K tons)
- Portugal (86.6K tons)
- United States (44.1K tons)
- Egypt (29.2K tons)
- Turkey (27.0K tons)
- Russia (21.3K tons)
- Indonesia (20.0K tons)
- Brazil (15.1K tons)
- United Kingdom (14.1K tons)
- Saudi Arabia (10.9K tons)
- Oman (10.7K tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Spain
In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Spain surged to 92K tons, jumping by 84% against the previous year's figure. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $53M in 2022. Overall, exports posted significant growth. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 22.4 | 18.0 | 26.9 | 48.7 | 29.5% |
| Italy | N/A | N/A | 0.8 | 3.6 | 350.0% |
| Others | 0.7 | 0.6 | 0.8 | 0.9 | 8.7% |
| Total | 23.0 | 18.6 | 28.5 | 53.2 | 32.2% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Spain in 2022:
- Portugal (89.4K tons)
- Italy (2.1K tons)
334
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Spain.
638
This report provides an in-depth analysis of the ammonia market in Spain.
573
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2903
This report provides an in-depth analysis of the global ammonia market.
334
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Spain.
638
This report provides an in-depth analysis of the ammonia market in Spain.
573
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2903
This report provides an in-depth analysis of the global ammonia market.
205
In May 2023, the growth pace of Anhydrous Ammonia was the most rapid, experiencing a massive increase of 4,511,407% month-on-month. In terms of value, ammonia imports expanded rapidly, reaching $4.7M in September 2023.
1175
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.
205
In May 2023, the growth pace of Anhydrous Ammonia was the most rapid, experiencing a massive increase of 4,511,407% month-on-month. In terms of value, ammonia imports expanded rapidly, reaching $4.7M in September 2023.
2410
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...
2167
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...
1175
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.
