Asia-Pacific: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Asia-Pacific

The Asia-Pacific ammonia in aqueous solution market rose to $X in 2022, picking up by X% against the previous year. In general, consumption showed resilient growth. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Ammonia In Aqueous Solution in Asia-Pacific

In value terms, ammonia in aqueous solution production totaled $X in 2022 estimated in export price. Over the period under review, production showed a resilient increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Ammonia In Aqueous Solution

Exports in Asia-Pacific

In 2022, approx. X tons of ammonia in aqueous solution were exported in Asia-Pacific; waning by X% compared with the previous year's figure. Total exports indicated a moderate increase from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked at X tons in 2021, and then shrank markedly in the following year.

In value terms, ammonia in aqueous solution exports declined to $X in 2022. Total exports indicated a notable increase 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, exports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, India (X tons), distantly followed by Malaysia (X tons), Taiwan (Chinese) (X tons), Japan (X tons), Singapore (X tons) and South Korea (X tons) were the major exporters of ammonia in aqueous solution, together achieving X% of total exports. China (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest ammonia in aqueous solution supplying countries in Asia-Pacific were Taiwan (Chinese) ($X), India ($X) and Japan ($X), with a combined X% share of total exports. Malaysia, Singapore, South Korea and China lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Malaysia, with a CAGR of X%, 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

The export price in Asia-Pacific stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while India ($X per ton) was amongst the lowest.

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

Imports of Ammonia In Aqueous Solution

Imports in Asia-Pacific

Ammonia in aqueous solution imports declined to X tons in 2022, waning by X% against the previous year's figure. Total imports indicated measured growth from 2012 to 2022: its volume 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 increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, ammonia in aqueous solution imports expanded to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lao People's Democratic Republic (X tons) and Singapore (X tons) represented the key importers of ammonia in aqueous solution in 2022, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by China (X tons), Malaysia (X tons) and Macao SAR (X tons), together comprising a X% share of total imports. The following importers - Thailand (X tons) and Australia (X tons) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Thailand, Lao People's Democratic Republic, Australia and Macao SAR lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Thailand, with a CAGR of X%, recorded 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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