Benelux: Market for Calcium Ammonium Nitrate (CAN) 2025

Market Size for Calcium Ammonium Nitrate (CAN) in Benelux

In 2021, the Benelux calcium ammonium nitrate (CAN) market increased by 1.5% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, posted a buoyant expansion. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Calcium Ammonium Nitrate (CAN) in Benelux

In value terms, calcium ammonium nitrate (CAN) production shrank modestly to $X in 2021 estimated in export price. The total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +2.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 68% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in Benelux

In 2021, approx. X tons of calcium ammonium nitrate (CAN) were exported in Benelux; dropping by -7.3% compared with 2020. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 20%. The volume of export peaked at X tons in 2020, and then declined in the following year.

In value terms, calcium ammonium nitrate (CAN) exports soared to $X in 2021. In general, exports showed a mild contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X tons) represented the largest exporter of calcium ammonium nitrate (CAN), making up 68% of total exports. It was distantly followed by Belgium (X tons), committing a 32% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calcium ammonium nitrate (CAN) exports from the Netherlands stood at -3.6%. At the same time, Belgium (+11.3%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +11.3% from 2012-2021. While the share of Belgium (+21 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-20 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, Belgium, with a CAGR of -0.6%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, picking up by 52% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%).

Imports of Calcium Ammonium Nitrate (CAN)

Imports in Benelux

In 2021, after two years of growth, there was significant decline in overseas purchases of calcium ammonium nitrate (CAN), when their volume decreased by -9.3% to X tons. Over the period under review, imports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, calcium ammonium nitrate (CAN) imports soared to $X in 2021. In general, imports continue to indicate a mild downturn. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Belgium represented the key importing country with an import of around X tons, which finished at 68% of total imports. The Netherlands (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together held approx. 32% share of total imports.

Belgium was also the fastest-growing in terms of the calcium ammonium nitrate (CAN) imports, with a CAGR of +18.3% from 2012 to 2021. The Netherlands (-5.1%) and Luxembourg (-5.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +45 percentage points.

In value terms, Belgium ($X) constitutes the largest market for imported calcium ammonium nitrate (CAN) in Benelux, comprising 64% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 30% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium totaled +2.4%. In the other countries, the average annual rates were as follows: the Netherlands (-5.6% per year) and Luxembourg (-3.4% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 77% against the previous year. In general, the import price, however, showed a abrupt slump. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform