Report Update Nov 1, 2024

Mexico - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Ammonia Market 2024

Ammonia Market Size in Mexico

In 2022, the Mexican ammonia market increased by 17% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Ammonia Production in Mexico

In value terms, ammonia production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a significant decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 47%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Ammonia Exports

Exports from Mexico

In 2018, shipments abroad of anhydrous ammonia decreased by 0% to X tons, falling for the second year in a row after four years of decline. In general, exports continue to indicate a significant contraction. The smallest decline of -8.9% was in 2014. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, ammonia exports amounted to $X in 2018. Over the period under review, exports saw a precipitous descent. The smallest decline of -12.2% was in 2014. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

Guatemala (X tons) was the main destination for ammonia exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Guatemala was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Guatemala totaled -8.6%.

Export Prices by Country

The average ammonia export price stood at $X per ton in 2018, flattening at the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2013 a decrease of less than 0.1%. The export price peaked at $X per ton in 2012; however, from 2013 to 2018, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2018, the rate of growth in terms of prices for the United States amounted to -1.9% per year.

Ammonia Imports

Imports into Mexico

In 2022, approx. X tons of anhydrous ammonia were imported into Mexico; rising by 21% against the previous year's figure. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 937% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonia imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2017 when imports increased by 931%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Trinidad and Tobago (X tons) constituted the largest supplier of ammonia to Mexico, accounting for a 80% share of total imports. Moreover, ammonia imports from Trinidad and Tobago exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Trinidad and Tobago totaled +11.0%.

In value terms, Trinidad and Tobago ($X) constituted the largest supplier of anhydrous ammonia to Mexico, comprising 79% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Trinidad and Tobago amounted to +4.1%.

Import Prices by Country

In 2022, the average ammonia import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Trinidad and Tobago stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anhydrous ammonia in the world?

The country with the largest volume of ammonia consumption was China, accounting for 29% of total volume. Moreover, ammonia consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of anhydrous ammonia in the world?

China constituted the country with the largest volume of ammonia production, comprising approx. 28% of total volume. Moreover, ammonia production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of anhydrous ammonia to Mexico?

In value terms, Trinidad and Tobago constituted the largest supplier of ammonia to Mexico, comprising 76% of total imports. The second position in the ranking was occupied by the United States, with a 24% share of total imports.

What are the leading importers of anhydrous ammonia from Mexico?

In value terms, Guatemala remains the key foreign market for ammonia exports from Mexico, comprising 75% of total exports. The second position in the ranking was occupied by Costa Rica, with a 16% share of total exports. It was followed by Nicaragua, with a 4.5% share.

What is the average export price for anhydrous ammonia in Mexico?

In 2020, the average ammonia export price amounted to $596 per ton, approximately reflecting the previous year.

What is the average import price for anhydrous ammonia in Mexico?

The average ammonia import price stood at $185 per ton in 2020, which is down by -4.1% against the previous year.

This report provides an in-depth analysis of the ammonia market in Mexico. 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:

Prodcom 20151075 - Anhydrous ammonia

Country coverage:

Mexico

Data coverage:

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