South Africa - Ammonia In Aqueous Solution - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSouth Africa's Export of Ammonia in Aqueous Solution Sees a Minor Decline, Reaching $821K in 2023
South Africa Ammonia In Aqueous Solution Exports
In 2023, overseas shipments of ammonia in aqueous solution increased by 18% to 2K tons for the first time since 2019, thus ending a three-year declining trend. In general, exports, however, faced a abrupt downturn. Over the period under review, the exports reached the maximum at 9.9K tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.
In value terms, ammonia in aqueous solution exports contracted modestly to $821K (IndexBox estimates) in 2023. Over the period under review, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2022 when exports increased by 68% against the previous year. The exports peaked at $4.7M in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Ammonia In Aqueous Solution in South Africa (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Swaziland | 151 | 138 | 176 | 262 | 289 | 325 | 345 | 297 | 301 | 490 | 332 |
| Namibia | 64.6 | 87.5 | 97.7 | 131 | 89.9 | 136 | 96.3 | 72.5 | 45.3 | 141 | 250 |
| Zimbabwe | 58.1 | 37.8 | 35.4 | 382 | 48.8 | 51.5 | 67.1 | 26.9 | 48.4 | 56.5 | 89.9 |
| Zambia | 14.8 | 18.8 | 95.2 | 30.6 | 17.4 | 30.1 | 19.2 | 26.9 | 36.5 | 42.7 | 57.4 |
| Democratic Republic of the Congo | 22.6 | 7.2 | 11.0 | 6.3 | 12.4 | 34.2 | 35.8 | 62.2 | 28.0 | 46.7 | 28.5 |
| Botswana | 3,958 | 4,345 | 1,054 | 30.8 | 8.1 | 8.3 | 14.2 | 10.0 | 12.6 | 18.4 | 23.2 |
| Mozambique | 5.0 | 4.5 | 17.5 | 5.6 | 5.0 | 7.2 | 5.7 | 2.3 | 4.8 | 7.8 | 16.0 |
| Others | 59.6 | 29.6 | 29.0 | 17.4 | 169 | 28.5 | 5.0 | 10.2 | 30.9 | 48.4 | 23.7 |
| Total | 4,334 | 4,668 | 1,516 | 866 | 640 | 621 | 588 | 508 | 507 | 851 | 821 |
Exports by Country
Swaziland (1.4K tons) was the main destination for ammonia in aqueous solution exports from South Africa, accounting for a 68% share of total exports. Moreover, ammonia in aqueous solution exports to Swaziland exceeded the volume sent to the second major destination, Namibia (298 tons), fivefold. Zimbabwe (144 tons) ranked third in terms of total exports with a 7.2% share.
From 2013 to 2023, the average annual growth rate of volume to Swaziland totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+12.5% per year) and Zimbabwe (+4.8% per year).
In value terms, Swaziland ($332K), Namibia ($250K) and Zimbabwe ($90K) constituted the largest markets for ammonia in aqueous solution exported from South Africa worldwide, together accounting for 82% of total exports. Zambia, Democratic Republic of the Congo, Botswana and Mozambique lagged somewhat behind, together accounting for a further 15%.
Among the main countries of destination, Zambia, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the ammonia in aqueous solution price amounted to $410 per ton (FOB, South Africa), with a decrease of -18% against the previous year. Overall, the export price showed a slight setback. The pace of growth was the most pronounced in 2022 when the average export price increased by 69%. As a result, the export price attained the peak level of $499 per ton, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Namibia ($840 per ton), while the average price for exports to Swaziland ($244 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for ammonia in aqueous solution in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20151077 - Ammonia in aqueous solution
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
