Denmark: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Denmark

In 2021, the Danish ammonium chloride market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, recorded a abrupt decrease. Ammonium chloride consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Ammonium Chloride Production in Denmark

In value terms, ammonium chloride production fell notably to $X in 2021 estimated in export price. Over the period under review, production showed a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 735% against the previous year. As a result, production attained the peak level of $X, and then reduced dramatically in the following year.

Ammonium Chloride Exports

Exports from Denmark

In 2021, approx. X tons of ammonium chloride were exported from Denmark; which is down by -88.4% on 2020 figures. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 564%. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, ammonium chloride exports dropped remarkably to $X in 2021. Over the period under review, exports, however, posted buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 305%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Poland (X tons) was the main destination for ammonium chloride exports from Denmark, accounting for a 59% share of total exports. Moreover, ammonium chloride exports to Poland exceeded the volume sent to the second major destination, Sweden (X tons), threefold. The third position in this ranking was taken by Iceland (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland stood at +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-2.6% per year) and Iceland (+11.9% per year).

In value terms, Poland ($X) emerged as the key foreign market for ammonium chloride exports from Denmark, comprising 52% of total exports. The second position in the ranking was taken by Sweden ($X), with a 19% share of total exports. It was followed by Iceland, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland amounted to +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+0.4% per year) and Iceland (+17.9% per year).

Export Prices by Country

In 2021, the average ammonium chloride export price amounted to $X per ton, growing by 99.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Chloride Imports

Imports into Denmark

For the third year in a row, Denmark recorded decline in supplies from abroad of ammonium chloride, which decreased by -31.6% to X tons in 2021. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 78% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, ammonium chloride imports dropped to $X in 2021. Over the period under review, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of 91%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest ammonium chloride supplier to Denmark, accounting for a 79% share of total imports. Moreover, ammonium chloride imports from Germany exceeded the figures recorded by the second-largest supplier, Greece (X tons), tenfold. Poland (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+72.2% per year) and Poland (+36.1% per year).

In value terms, Germany ($X) constituted the largest supplier of ammonium chloride to Denmark, comprising 80% of total imports. The second position in the ranking was taken by Greece ($X), with a 6.4% share of total imports. It was followed by the Netherlands, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+73.3% per year) and the Netherlands (-7.2% per year).

Import Prices by Country

In 2021, the average ammonium chloride import price amounted to $X per ton, surging by 31% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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