Czech Republic: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in the Czech Republic

The Czech ammonium sulphate market surged to $X in 2022, increasing by 24% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Ammonium Sulphate Production in the Czech Republic

In value terms, ammonium sulphate production skyrocketed to $X in 2022 estimated in export price. In general, production showed a resilient increase. The growth pace was the most rapid in 2017 with an increase of 120% against the previous year. Ammonium sulphate production peaked in 2022 and is likely to see steady growth in the immediate term.

Ammonium Sulphate Exports

Exports from the Czech Republic

In 2022, overseas shipments of ammonium sulphate increased by 77% to X tons, rising for the third year in a row after four years of decline. Overall, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 +126.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ammonium sulphate exports surged to $X in 2022. Over the period under review, exports posted a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons) was the main destination for ammonium sulphate exports from the Czech Republic, accounting for a 63% share of total exports. Moreover, ammonium sulphate exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), fourfold. The third position in this ranking was taken by Hungary (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia totaled +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-7.8% per year) and Hungary (+3.3% per year).

In value terms, Slovakia ($X) remains the key foreign market for ammonium sulphate exports from the Czech Republic, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.1% per year) and Poland (-9.0% per year).

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, picking up by 9.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 38%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.8%), while the prices for the other major destinations experienced a decline.

Ammonium Sulphate Imports

Imports into the Czech Republic

In 2022, overseas purchases of ammonium sulphate were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a remarkable increase. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonium sulphate imports skyrocketed to $X in 2022. Over the period under review, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Lithuania (X tons) and Belgium (X tons) were the main suppliers of ammonium sulphate imports to the Czech Republic, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +92.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Belgium ($X) and Lithuania ($X) appeared to be the largest ammonium sulphate suppliers to the Czech Republic, together accounting for 60% of total imports.

Lithuania, with a CAGR of +80.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ammonium sulphate import price stood at $X per ton in 2022, increasing by 16% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonium sulphate import price increased by +109.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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