EU: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in the EU

The EU calcium ammonium nitrate (CAN) market rose significantly to $X in 2021, picking up by 14% against the previous year. The market value 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 level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Production of Calcium Ammonium Nitrate (CAN) in the EU

In value terms, calcium ammonium nitrate (CAN) production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of 30%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in the EU

In 2021, shipments abroad of calcium ammonium nitrate (CAN) decreased by -4.2% to X tons, falling for the second consecutive year after four years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 15% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports soared to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the Netherlands (X tons) represented the largest exporter of calcium ammonium nitrate (CAN), comprising 31% of total exports. Belgium (X tons) ranks second in terms of the total exports with a 15% share, followed by Germany (13%), Slovakia (6.5%), Hungary (5.9%), Lithuania (5.1%) and Poland (4.8%). The following exporters - France (X tons) and Spain (X tons) - each amounted to a 7.6% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calcium ammonium nitrate (CAN) exports from the Netherlands stood at -3.6%. At the same time, Belgium (+11.3%), Hungary (+6.7%), France (+4.4%), Germany (+3.5%), Slovakia (+1.1%) and Spain (+1.1%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +11.3% from 2012-2021. Lithuania and Poland experienced a relatively flat trend pattern. Belgium (+9 p.p.), Germany (+3.5 p.p.) and Hungary (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -12% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) were the countries with the highest levels of exports in 2021, together accounting for 63% of total exports.

Germany, with a CAGR of +3.8%, saw 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 the European Union stood at $X per ton in 2021, growing by 56% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Calcium Ammonium Nitrate (CAN)

Imports in the EU

After four years of growth, supplies from abroad of calcium ammonium nitrate (CAN) decreased by -4.4% to X tons in 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 16%. Over the period under review, imports attained the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, calcium ammonium nitrate (CAN) imports surged to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, France (X tons), Belgium (X tons), Hungary (X tons), Ireland (X tons), Denmark (X tons), the Netherlands (X tons), Poland (X tons) and the Czech Republic (X tons) was the main importer of calcium ammonium nitrate (CAN) in the European Union, creating 81% of total import. Austria (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium ammonium nitrate (CAN) importing markets in the European Union were France ($X), Belgium ($X) and Ireland ($X), with a combined 48% share of total imports.

Among the main importing countries, Belgium, with a CAGR of +2.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, surging by 60% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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