Eastern Europe: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Eastern Europe

In 2021, the East European ammonium chloride market increased by 31% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a deep setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Ammonium Chloride Production in Eastern Europe

In value terms, ammonium chloride production skyrocketed to $X in 2021 estimated in export price. In general, production, however, faced a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 64% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Ammonium Chloride Exports

Exports in Eastern Europe

In 2021, exports of ammonium chloride in Eastern Europe surged to X tons, jumping by 64% on 2020. In general, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ammonium chloride exports soared to $X in 2021. Overall, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland was the major exporter of ammonium chloride in Eastern Europe, with the volume of exports resulting at X tons, which was approx. 59% of total exports in 2021. Hungary (X tons) held a 28% share (based on physical terms) of total exports, which put it in second place, followed by Russia (8.8%). Romania (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ammonium chloride exports from Poland stood at +11.8%. At the same time, Romania (+17.5%), Russia (+15.8%) and Hungary (+14.0%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +17.5% from 2012-2021. From 2012 to 2021, the share of Hungary, Poland and Russia increased by +6, +3.7 and +2.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ammonium chloride supplying countries in Eastern Europe were Poland ($X), Hungary ($X) and Russia ($X), with a combined 93% share of total exports. Romania lagged somewhat behind, comprising a further 4.4%.

Romania, with a CAGR of +33.2%, recorded the highest growth rate of the value of exports, among 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

The export price in Eastern Europe stood at $X per ton in 2021, increasing by 4% against the previous year. Export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ammonium chloride export price increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by 54% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+13.4%), while the other leaders experienced more modest paces of growth.

Ammonium Chloride Imports

Imports in Eastern Europe

In 2021, the amount of ammonium chloride imported in Eastern Europe surged to X tons, jumping by 32% on the year before. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, ammonium chloride imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.7% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) and Poland (X tons) represented the key importers of ammonium chloride in Eastern Europe, together reaching approx. 58% of total imports. It was distantly followed by Hungary (X tons), Romania (X tons) and Ukraine (X tons), together comprising a 27% share of total imports. The following importers - the Czech Republic (X tons) and Belarus (X tons) - each resulted at a 7.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +6.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Russia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 71% of total imports.

In terms of the main importing countries, Poland, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, rising by 17% against the previous year. Import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ammonium chloride import price increased by +85.5% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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