Report Update Nov 1, 2024

Iraq - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Iraq

The Iraqi ammonium nitrate market soared to $X in 2021, growing by 280% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Ammonium Nitrate Production in Iraq

In value terms, ammonium nitrate production declined remarkably to $X in 2021 estimated in export price. Overall, production recorded a sharp decline. Over the period under review, production hit record highs at $X in 2020, and then dropped sharply in the following year.

Ammonium Nitrate Exports

Exports from Iraq

In 2020, exports of ammonium nitrate from Iraq stood at X tons, remaining relatively unchanged against the previous year's figure. Overall, exports saw a significant expansion. The smallest decline of 99.9% was in 2015. The exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, ammonium nitrate exports amounted to $X in 2020. Over the period under review, exports recorded a strong increase. The smallest decline of 99.9% was in 2015. The exports peaked in 2020 and are likely to continue growth in years to come.

Exports by Country

India (X tons) was the main destination for ammonium nitrate exports from Iraq, accounting for a 70% share of total exports. Moreover, ammonium nitrate exports to India exceeded the volume sent to the second major destination, Georgia (X tons), twofold.

From 2014 to 2020, the average annual growth rate of volume to India was relatively modest.

From 2014 to 2020, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

The average ammonium nitrate export price stood at $X per ton in 2020, remaining constant against the previous year. Overall, the export price faced a sharp slump. The pace of growth was the most pronounced in 2015 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Georgia stood at $X per ton.

From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Angola (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Nitrate Imports

Imports into Iraq

Ammonium nitrate imports into Iraq surged to X tons in 2021, increasing by 38% on the previous year. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 731%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ammonium nitrate imports skyrocketed to $X in 2021. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 515%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of ammonium nitrate to Iraq, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +17.7%.

In value terms, Turkey ($X) constituted the largest supplier of ammonium nitrate to Iraq.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +5.5%.

Import Prices by Country

The average ammonium nitrate import price stood at $X per ton in 2021, surging by 82% against the previous year. Over the period under review, the import price, however, faced a abrupt downturn. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to -2.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium nitrate in the world?

Russia remains the largest ammonium nitrate consuming country worldwide, comprising approx. 24% of total volume. Moreover, ammonium nitrate consumption in Russia exceeded the figures recorded by the second-largest consumer, Brazil, threefold. The third position in this ranking was occupied by Uzbekistan, with a 5.4% share.

What are the largest producers of ammonium nitrate in the world?

Russia remains the largest ammonium nitrate producing country worldwide, comprising approx. 41% of total volume. Moreover, ammonium nitrate production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan, sevenfold. The third position in this ranking was occupied by Saudi Arabia, with a 5.7% share.

What are the leading suppliers of ammonium nitrate to Iraq?

In value terms, Russia constituted the largest supplier of ammonium nitrate to Iraq, comprising 88% of total imports. The second position in the ranking was occupied by Ukraine, with a 5.5% share of total imports.

What is the average export price for ammonium nitrate in Iraq?

In 2020, the average ammonium nitrate export price amounted to $216 per ton, stabilizing at the previous year.

What is the average import price for ammonium nitrate in Iraq?

In 2021, the average ammonium nitrate import price amounted to $197 per ton, which is down by -38.5% against the previous year.

This report provides an in-depth analysis of the ammonium nitrate market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4003 -

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023