Report Update Nov 1, 2024

Ecuador - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Ecuador

For the third consecutive year, the Ecuadorian ammonium nitrate market recorded decline in sales value, which decreased by -56% to $X in 2021. In general, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Ammonium Nitrate Exports

Exports from Ecuador

For the ninth year in a row, Ecuador recorded decline in shipments abroad of ammonium nitrate, which decreased by -1.2% to X tons in 2021. Overall, exports saw a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, ammonium nitrate exports contracted modestly to $X in 2021. Over the period under review, exports showed a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for ammonium nitrate exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sudan stood at -11.8%.

In value terms, Sudan ($X) also remains the key foreign market for ammonium nitrate exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Sudan totaled -11.4%.

Export Prices by Country

In 2021, the average ammonium nitrate export price amounted to $X per ton, with a decrease of -1.6% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sudan.

From 2012 to 2021, the rate of growth in terms of prices for Sudan amounted to +0.5% per year.

Ammonium Nitrate Imports

Imports into Ecuador

In 2021, ammonium nitrate imports into Ecuador dropped dramatically to X tons, with a decrease of -56.6% on the previous year. Over the period under review, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of 100%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, ammonium nitrate imports shrank markedly to $X in 2021. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of 186% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of ammonium nitrate to Ecuador, accounting for a 82% share of total imports. Moreover, ammonium nitrate imports from Russia exceeded the figures recorded by the second-largest supplier, Estonia (X tons), more than tenfold. Ukraine (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+21.1% per year) and Ukraine (-17.8% per year).

In value terms, Russia ($X) constituted the largest supplier of ammonium nitrate to Ecuador, comprising 74% of total imports. The second position in the ranking was held by Ukraine ($X), with an 11% share of total imports. It was followed by Estonia, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-12.4% per year) and Estonia (+15.7% per year).

Import Prices by Country

In 2021, the average ammonium nitrate import price amounted to $X per ton, picking up by 2.2% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate consumption was Russia, accounting for 24% of total volume. Moreover, ammonium nitrate consumption in Russia exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Uzbekistan ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate production was Russia, accounting for 41% of total volume. Moreover, ammonium nitrate production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan, sevenfold. The third position in this ranking was occupied by Saudi Arabia, with a 5.7% share.

What are the leading suppliers of ammonium nitrate to Ecuador?

In value terms, Russia constituted the largest supplier of ammonium nitrate to Ecuador, comprising 56% of total imports. The second position in the ranking was occupied by the United States, with a 17% share of total imports. It was followed by France, with a 10% share.

What are the leading importers of ammonium nitrate from Ecuador?

In value terms, Sudan remains the key foreign market for ammonium nitrate exports from Ecuador.

What is the average export price for ammonium nitrate in Ecuador?

In 2021, the average ammonium nitrate export price amounted to $660 per ton, remaining relatively unchanged against the previous year.

What is the average import price for ammonium nitrate in Ecuador?

In 2021, the average ammonium nitrate import price amounted to $226 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the ammonium nitrate market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4003 -

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023