India: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in India

The Indian ammonia in aqueous solution market rose slightly to $X in 2022, picking up by X% against the previous year. In general, consumption saw buoyant growth. Ammonia in aqueous solution consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Ammonia In Aqueous Solution in India

In value terms, ammonia in aqueous solution production reached $X in 2022 estimated in export price. Overall, production saw a prominent increase. The growth pace was the most rapid in 2016 with an increase of X%. Ammonia in aqueous solution production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Ammonia In Aqueous Solution

Exports from India

In 2022, shipments abroad of ammonia in aqueous solution decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, ammonia in aqueous solution exports surged to $X in 2022. In general, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons), Qatar (X tons) and the United Arab Emirates (X tons) were the main destinations of ammonia in aqueous solution exports from India, with a combined X% share of total exports. Cameroon, Malaysia, Saudi Arabia, Kuwait, Nigeria, Sri Lanka, Australia and Pakistan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for ammonia in aqueous solution exported from India were Singapore ($X), Qatar ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. Cameroon, Nigeria, Australia, Kuwait, Sri Lanka, Saudi Arabia, Malaysia and Pakistan lagged somewhat behind, together comprising a further X%.

Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average ammonia in aqueous solution export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonia in aqueous solution export price increased by X% against 2020 indices. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Malaysia ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia In Aqueous Solution

Imports into India

In 2022, after three years of growth, there was significant decline in overseas purchases of ammonia in aqueous solution, when their volume decreased by X% to X tons. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, ammonia in aqueous solution imports surged to $X in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), the United States (X tons) and Belgium (X tons) were the main suppliers of ammonia in aqueous solution imports to India, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Belgium ($X) were the largest ammonia in aqueous solution suppliers to India, together accounting for X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average ammonia in aqueous solution import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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