Benelux: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Benelux

For the third year in a row, the Benelux ammonia in aqueous solution market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a buoyant increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Ammonia In Aqueous Solution in Benelux

In value terms, ammonia in aqueous solution production reached $X in 2022 estimated in export price. In general, production posted a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Ammonia In Aqueous Solution

Exports in Benelux

In 2022, ammonia in aqueous solution exports in Benelux surged to X tons, with an increase of X% compared with 2021 figures. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, ammonia in aqueous solution exports surged to $X in 2022. Over the period under review, exports saw resilient 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 in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) was the main exporter of ammonia in aqueous solution in Benelux, generating X% of total export.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Ammonia In Aqueous Solution

Imports in Benelux

In 2022, supplies from abroad of ammonia in aqueous solution increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a perceptible setback. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ammonia in aqueous solution imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium was the main importer of ammonia in aqueous solution in Benelux, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), achieving a X% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ammonia in aqueous solution imports into Belgium stood at X%. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) and Luxembourg (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest ammonia in aqueous solution importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Among the main importing countries, Luxembourg, 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell remarkably in the following year.

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 the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform