Eastern Europe: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Eastern Europe

In 2023, after two years of growth, there was significant decline in the East European ammonium chloride market, when its value decreased by X% to $X. Overall, consumption continues to indicate a noticeable curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Ammonium Chloride Production in Eastern Europe

In value terms, ammonium chloride production dropped to $X in 2023 estimated in export price. In general, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Ammonium Chloride Exports

Exports in Eastern Europe

In 2023, overseas shipments of ammonium chloride decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, ammonium chloride exports reduced rapidly to $X in 2023. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then dropped notably in the following year.

Exports by Country

In 2023, Poland (X tons) represented the largest exporter of ammonium chloride, achieving X% of total exports. Russia (X tons) held the second position in the ranking, followed by the Czech Republic (X tons). All these countries together took approx. X% share of total exports. The following exporters - Estonia (X tons) and Hungary (X tons) - each accounted for a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to ammonium chloride exports from Poland stood at X%. At the same time, Russia (X%), the Czech Republic (X%) and Estonia (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Hungary (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Russia (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest ammonium chloride supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland totaled X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. In general, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Ammonium Chloride Imports

Imports in Eastern Europe

In 2023, ammonium chloride imports in Eastern Europe shrank rapidly to X tons, declining by X% on 2022. Total imports indicated a mild increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, ammonium chloride imports shrank to $X in 2023. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Russia (X tons), distantly followed by Poland (X tons), Hungary (X tons), Romania (X tons) and the Czech Republic (X tons) were the main importers of ammonium chloride, together creating X% of total imports. The following importers - Belarus (X tons) and Ukraine (X tons) - each recorded a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ammonium chloride importing markets in Eastern Europe were Hungary ($X), Poland ($X) and Russia ($X), together comprising X% of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform