Italy: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Italy

In 2022, after four years of decline, there was significant growth in the Italian ammonia in aqueous solution market, when its value increased by X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. Ammonia in aqueous solution consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Ammonia In Aqueous Solution in Italy

In value terms, ammonia in aqueous solution production contracted significantly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a dramatic slump. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Ammonia in aqueous solution production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Ammonia In Aqueous Solution

Exports from Italy

In 2022, shipments abroad of ammonia in aqueous solution decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ammonia in aqueous solution exports dropped markedly to $X in 2022. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons), France (X tons) and Romania (X tons) were the main destinations of ammonia in aqueous solution exports from Italy, with a combined X% share of total exports. Iceland and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (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 Italy were France ($X), Switzerland ($X) and Germany ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, recorded 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, picking up by X% against the previous year. Over the period under review, the export price, however, saw a noticeable decline. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Germany ($X per ton), while the average price for exports to Switzerland ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia In Aqueous Solution

Imports into Italy

In 2022, purchases abroad of ammonia in aqueous solution increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ammonia in aqueous solution imports soared to $X in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Slovakia (X tons) constituted the largest ammonia in aqueous solution supplier to Italy, accounting for a X% share of total imports. Moreover, ammonia in aqueous solution imports from Slovakia exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovakia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Germany (X% per year).

In value terms, Slovakia ($X) constituted the largest supplier of ammonia in aqueous solution to Italy, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Bulgaria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovakia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the average ammonia in aqueous solution import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price faced a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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