Kazakhstan: Ammonia Market 2024

Ammonia Market Size in Kazakhstan

The Kazakh ammonia market shrank sharply to $X in 2022, reducing by -18.3% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.5% against 2020 indices. Ammonia consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Ammonia Production in Kazakhstan

In value terms, ammonia production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 46%. Ammonia production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Ammonia Exports

Exports from Kazakhstan

In 2022, exports of anhydrous ammonia from Kazakhstan dropped significantly to X tons, declining by -50.5% on the year before. In general, exports, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2021 with an increase of 4,357%. As a result, the exports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, ammonia exports reduced notably to $X in 2022. Overall, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,651% against the previous year. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Lithuania (X tons) was the main destination for ammonia exports from Kazakhstan, with a 47% share of total exports. Moreover, ammonia exports to Lithuania exceeded the volume sent to the second major destination, Russia (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Lithuania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-21.9% per year) and Kyrgyzstan (-3.3% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for anhydrous ammonia exports from Kazakhstan, comprising 47% of total exports. The second position in the ranking was taken by Russia ($X), with a 2.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-23.0% per year) and Kyrgyzstan (+6.2% per year).

Export Prices by Country

The average ammonia export price stood at $X per ton in 2022, increasing by 3.1% against the previous year. Overall, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2020 an increase of 49%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Russia ($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 Kyrgyzstan (+9.8%), while the prices for the other major destinations experienced a decline.

Ammonia Imports

Imports into Kazakhstan

In 2022, the amount of anhydrous ammonia imported into Kazakhstan contracted dramatically to X tons, dropping by -42% compared with the year before. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 104% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank remarkably in the following year.

In value terms, ammonia imports reduced markedly to $X in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 128% against the previous year. As a result, imports attained the peak of $X, and then reduced dramatically in the following year.

Imports by Country

In 2022, Russia (X tons) was the main supplier of ammonia to Kazakhstan, accounting for a 93% share of total imports. Moreover, ammonia imports from Russia exceeded the figures recorded by the second-largest supplier, Uzbekistan (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +38.9%.

In value terms, Russia ($X) constituted the largest supplier of anhydrous ammonia to Kazakhstan, comprising 95% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 5.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +35.0%.

Import Prices by Country

The average ammonia import price stood at $X per ton in 2022, surging by 24% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Uzbekistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (-2.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :