Germany: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Germany

In 2022, the German ammonium sulphate market increased by 106% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ammonium Sulphate Production in Germany

In value terms, ammonium sulphate production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible increase. The growth pace was the most rapid in 2021 when the production volume increased by 64%. Ammonium sulphate production peaked in 2022 and is likely to see gradual growth in the near future.

Ammonium Sulphate Exports

Exports from Germany

In 2022, approx. X tons of ammonium sulphate were exported from Germany; reducing by -29.4% on 2021 figures. In general, exports showed a pronounced reduction. The growth pace was the most rapid in 2018 with an increase of 47% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, ammonium sulphate exports surged to $X in 2022. Overall, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of ammonium sulphate exports from Germany, with a combined 44% share of total exports. Mexico, Poland, Austria, Belgium, the United States, Ireland, Switzerland, Denmark, Spain and Romania lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +1,452.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for ammonium sulphate exported from Germany worldwide, with a combined 46% share of total exports. Mexico, Austria, Belgium, the United States, Switzerland, Ireland, Denmark, Poland, Spain and Romania lagged somewhat behind, together comprising a further 45%.

Mexico, with a CAGR of +2,055.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, growing by 140% against the previous year. Overall, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+149.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Sulphate Imports

Imports into Germany

In 2022, the amount of ammonium sulphate imported into Germany skyrocketed to X tons, increasing by 209% against the previous year's figure. Overall, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ammonium sulphate imports skyrocketed to $X in 2022. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons) constituted the largest ammonium sulphate supplier to Germany, with a 52% share of total imports. Moreover, ammonium sulphate imports from Belgium exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+12.9% per year) and the Netherlands (+5.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of ammonium sulphate to Germany, comprising 39% of total imports. The second position in the ranking was held by Poland ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+11.1% per year) and the Netherlands (+2.8% per year).

Import Prices by Country

In 2022, the average ammonium sulphate import price amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 19% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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