Report Kuwait - Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Kuwait - Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution - Market Analysis, Forecast, Size, Trends and Insights

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Kuwait: Market for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution 2024

Market Size for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Kuwait

The Kuwaiti market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution declined rapidly to $X in 2022, waning by -24.9% against the previous year. In general, consumption, however, posted a significant increase. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted markedly in the following year.

Production of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Kuwait

In value terms, production of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution rose slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 8.9%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Exports from Kuwait

In 2015, approx. X tons of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution were exported from Kuwait; stabilizing at the year before. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2015 and are likely to see steady growth in years to come.

In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution totaled $X in 2015. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2015 and are expected to retain growth in the near future.

Exports by Country

Iraq (X tons) was the main destination for exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from Kuwait, with a approx. 100% share of total exports.

From 2015 to 2015, the average annual rate of growth in terms of volume to Iraq was relatively modest.

From 2015 to 2015, the average annual rate of growth in terms of value to Iraq was relatively modest.

Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Imports into Kuwait

In 2022, approx. X tons of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution were imported into Kuwait; declining by -25.6% compared with 2021 figures. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2019 with an increase of 2,751%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution shrank notably to $X in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 when imports increased by 8,119%. Over the period under review, imports of hit record highs at $X in 2021, and then contracted sharply in the following year.

Imports by Country

In 2022, Egypt (X tons) was the main supplier of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to Kuwait, accounting for a 95% share of total imports. Moreover, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from Egypt exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Egypt stood at +78.9%.

In value terms, the largest mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution suppliers to Kuwait were Saudi Arabia ($X) and Egypt ($X).

In terms of the main suppliers, Egypt, with a CAGR of +61.7%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $X per ton, dropping by -21.5% against the previous year. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 188%. The import price peaked at $X per ton in 2021, and then declined remarkably in the following year.

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 Saudi Arabia ($X per ton), while the price for Egypt stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The United States remains the largest mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution consuming country worldwide, comprising approx. 54% of total volume. Moreover, consumption of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in the United States exceeded the figures recorded by the second-largest consumer, Russia, eightfold. France ranked third in terms of total consumption with a 6.3% share.
The United States remains the largest mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution producing country worldwide, comprising approx. 46% of total volume. Moreover, production of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in the United States exceeded the figures recorded by the second-largest producer, Russia, threefold. Trinidad and Tobago ranked third in terms of total production with a 5.8% share.
In value terms, Egypt constituted the largest supplier of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to Kuwait.
In 2015, the average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $322 per ton, approximately mirroring the previous year.
The average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution stood at $701 per ton in 2021, with a decrease of -80.1% against the previous year.

This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution in Kuwait. 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 4006 -

Country coverage:

  • Kuwait

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kuwait
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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

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