Eastern Europe: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Eastern Europe

The East European ammonia in aqueous solution market soared to $X in 2022, increasing by X% against the previous year. Overall, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Ammonia In Aqueous Solution in Eastern Europe

In value terms, ammonia in aqueous solution production surged to $X in 2022 estimated in export price. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Exports of Ammonia In Aqueous Solution

Exports in Eastern Europe

In 2022, shipments abroad of ammonia in aqueous solution increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ammonia in aqueous solution exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Poland (X tons) and the Czech Republic (X tons) were the largest exporters of ammonia in aqueous solution in Eastern Europe, together recording approx. X% of total exports. It was distantly followed by Slovakia (X tons), Lithuania (X tons) and Bulgaria (X tons), together comprising a X% share of total exports. The following exporters - Hungary (X tons) and Russia (X tons) - together made up X% of total exports.

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

In value terms, Poland ($X), Slovakia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Bulgaria, Lithuania, Hungary and Russia lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

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

Imports of Ammonia In Aqueous Solution

Imports in Eastern Europe

In 2022, after three years of decline, there was significant growth in purchases abroad of ammonia in aqueous solution, when their volume increased by X% to X tons. Over the period under review, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ammonia in aqueous solution imports surged to $X in 2022. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons) and Romania (X tons) represented roughly X% of total imports in 2022. Hungary (X tons) took the next position in the ranking, followed by Estonia (X tons), the Czech Republic (X tons) and Poland (X tons). All these countries together held near X% share of total imports. Latvia (X tons) took a little share of total imports.

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

In value terms, the largest ammonia in aqueous solution importing markets in Eastern Europe were Slovakia ($X), the Czech Republic ($X) and Romania ($X), with a combined X% share of total imports.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 Eastern Europe amounted to $X per ton, dropping by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price 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, ammonia in aqueous solution import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank markedly 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 Czech Republic ($X per ton), while Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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