India: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in India

For the fourth year in a row, the Indian ammonium chloride market recorded decline in sales value, which decreased by -5.6% to $X in 2021. Over the period under review, consumption saw a slight descent. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Ammonium Chloride Production in India

In value terms, ammonium chloride production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 39%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ammonium Chloride Exports

Exports from India

In 2021, after two years of decline, there was significant growth in shipments abroad of ammonium chloride, when their volume increased by 79% to X tons. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 269%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ammonium chloride exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for ammonium chloride exports from India, accounting for a 81% share of total exports. Moreover, ammonium chloride exports to Malaysia exceeded the volume sent to the second major destination, Myanmar (X tons), more than tenfold. The third position in this ranking was taken by Bangladesh (X tons), with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia totaled -11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+44.8% per year) and Bangladesh (+7.5% per year).

In value terms, Malaysia ($X) remains the key foreign market for ammonium chloride exports from India, comprising 62% of total exports. The second position in the ranking was held by Myanmar ($X), with a 4.4% share of total exports. It was followed by Japan, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to -12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+32.3% per year) and Japan (+114.3% per year).

Export Prices by Country

In 2021, the average ammonium chloride export price amounted to $X per ton, increasing by 14% against the previous year. Over the period under review, the export price recorded a modest expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Chloride Imports

Imports into India

Ammonium chloride imports into India declined significantly to X tons in 2021, waning by -38.3% against 2020 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 78% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, ammonium chloride imports declined to $X in 2021. Overall, imports recorded a mild slump. The pace of growth was the most pronounced in 2013 with an increase of 43%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of ammonium chloride to India, with a 93% share of total imports. Moreover, ammonium chloride imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+214.0% per year) and Germany (-21.1% per year).

In value terms, China ($X) constituted the largest supplier of ammonium chloride to India, comprising 92% of total imports. The second position in the ranking was held by Belgium ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+169.7% per year) and Germany (-20.4% per year).

Import Prices by Country

In 2021, the average ammonium chloride import price amounted to $X per ton, growing by 54% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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