Africa: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Africa

The African ammonia in aqueous solution market expanded remarkably to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed a prominent increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Ammonia In Aqueous Solution in Africa

In value terms, ammonia in aqueous solution production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight reduction. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Ammonia In Aqueous Solution

Exports in Africa

In 2022, shipments abroad of ammonia in aqueous solution was finally on the rise to reach X tons after five years of decline. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ammonia in aqueous solution exports surged to $X in 2022. In general, exports, however, recorded a deep setback. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Egypt prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Algeria (X tons) and South Africa (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the ammonia in aqueous solution exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) and Algeria (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Algeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest ammonia in aqueous solution supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports.

In Egypt, ammonia in aqueous solution exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Algeria (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a slight shrinkage. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Imports of Ammonia In Aqueous Solution

Imports in Africa

In 2022, overseas purchases of ammonia in aqueous solution decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonia in aqueous solution imports fell to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Nigeria (X tons) and Swaziland (X tons) represented the key importers of ammonia in aqueous solution in 2022, finishing at near X% and X% of total imports, respectively. Cameroon (X tons) held the next position in the ranking, followed by Cote d'Ivoire (X tons) and Kenya (X tons). All these countries together took near X% share of total imports. Tanzania (X tons), Morocco (X tons), Sudan (X tons), Ghana (X tons), Uganda (X tons), Tunisia (X tons) and Zimbabwe (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cameroon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported ammonia in aqueous solution in Africa, comprising X% of total imports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total imports. It was followed by Cameroon, with an X% share.

In Nigeria, ammonia in aqueous solution imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Cameroon (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, saw a slight contraction. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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