Germany: Market for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution 2024

Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Exports from Germany

In 2022, the amount of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution exported from Germany rose notably to X tons, surging by 5.9% compared with the year before. Overall, exports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2020 with an increase of 55% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution soared to $X in 2022. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons), the United States (X tons) and Denmark (X tons) were the main destinations of exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from Germany, together comprising 91% of total exports. These countries were followed by Austria, the Netherlands and Poland, which together accounted for a further 5.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +66.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), the United States ($X) and Denmark ($X) were the largest markets for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution exported from Germany worldwide, with a combined 90% share of total exports. These countries were followed by Austria, the Netherlands and Poland, which together accounted for a further 5.6%.

In terms of the main countries of destination, Austria, with a CAGR of +75.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution stood at $X per ton in 2022, increasing by 105% against the previous year. Overall, the export price showed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($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 Denmark (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Imports into Germany

In 2022, supplies from abroad of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution increased by 50% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution soared to $X in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution supplier to Germany, with a 45% share of total imports. Moreover, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Poland (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+21.8% per year) and Poland (-8.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to Germany, comprising 45% of total imports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+28.2% per year) and Poland (-0.3% per year).

Import Prices by Country

The average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution stood at $X per ton in 2022, rising by 99% against the previous year. In general, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($X per ton) and Trinidad and Tobago ($X per ton), while the price for the United States ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :