Price for Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka
Price for Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka (CIF) - 2022
In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $795 per ton, with an increase of 83% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ammonia; anhydrous or in aqueous solutia increased by +96.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($962 per ton), while the price for India amounted to $772 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%).
Price for Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka (FOB) - 2022
In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $2,237 per ton, with an increase of 81% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ammonia; anhydrous or in aqueous solutia increased by +116.0% against 2020 indices. The export price peaked at $2,727 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($6,500 per ton), while the average price for exports to Pakistan ($392 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 Ghana (+339.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka
In 2022, overseas purchases of ammonia; anhydrous or in aqueous solutia decreased by -9.3% to 1.4K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 26%. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $1.1M in 2022. Over the period under review, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 579 | 556 | 610 | 1,081 | 23.1% |
| Malaysia | 47.5 | 49.4 | 34.0 | 19.8 | -25.3% |
| Others | 20.3 | 31.2 | 37.1 | 32.3 | 16.7% |
| Total | 647 | 636 | 681 | 1,133 | 20.5% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Sri Lanka in 2022:
- India (1400.9 tons)
- Malaysia (20.6 tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Sri Lanka
In 2022, shipments abroad of ammonia; anhydrous or in aqueous solutia increased by 85% to 239 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible contraction.
In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $535K in 2022. In general, exports continue to indicate a resilient increase. 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 Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | 335 | 118 | 83.6 | 345 | 1.0% |
| Ghana | N/A | N/A | 35.3 | 80.7 | 128.6% |
| Kenya | 32.8 | 35.1 | 17.2 | 53.4 | 17.6% |
| Maldives | 16.7 | 22.7 | 3.2 | 25.6 | 15.3% |
| Pakistan | 13.4 | 17.7 | 6.1 | 15.9 | 5.9% |
| Singapore | 24.5 | 7.1 | 6.5 | 14.1 | -16.8% |
| Others | 11.3 | N/A | 7.5 | N/A | -18.5% |
| Total | 434 | 200 | 159 | 535 | 7.2% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Sri Lanka in 2022:
- Cameroon (153.9 tons)
- Pakistan (40.6 tons)
- Kenya (16.2 tons)
- Ghana (12.4 tons)
- Singapore (10.7 tons)
- Maldives (5.4 tons)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Sri Lanka.
1026
This report provides an in-depth analysis of the ammonia market in Sri Lanka.
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.
310
This report provides an in-depth analysis of the market for ammonia in aqueous solution in Sri Lanka.
1026
This report provides an in-depth analysis of the ammonia market in Sri Lanka.
570
This report provides an in-depth analysis of the global market for ammonia in aqueous solution.
2856
This report provides an in-depth analysis of the global ammonia market.
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.
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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...
2156
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.
