Middle East: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in the Middle East

In 2021, after three years of decline, there was significant growth in the Middle Eastern ammonium chloride market, when its value increased by 26% to $X. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Ammonium Chloride Production in the Middle East

In value terms, ammonium chloride production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 164% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Ammonium Chloride Exports

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas shipments of ammonium chloride, which increased by 78% to X tons in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 207% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, ammonium chloride exports skyrocketed to $X in 2021. Overall, exports showed a resilient increase. The growth pace was the most rapid in 2019 with an increase of 119% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Iran represented the main exporting country with an export of around X tons, which finished at 60% of total exports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Jordan (X tons) and Turkey (X tons). All these countries together held approx. 37% share of total exports. Israel (X tons) held a minor share of total exports.

Iran was also the fastest-growing in terms of the ammonium chloride exports, with a CAGR of +67.6% from 2012 to 2021. At the same time, Jordan (+40.7%), Israel (+29.5%) and the United Arab Emirates (+11.6%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. From 2012 to 2021, the share of Iran and Jordan increased by +57 and +4.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Iran ($X) remains the largest ammonium chloride supplier in the Middle East, comprising 56% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 23% share of total exports. It was followed by Turkey, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Iran amounted to +54.3%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+3.0% per year) and Turkey (+2.0% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, which is down by -13.1% against the previous year. Overall, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+1.6%), while the other leaders experienced mixed trends in the export price figures.

Ammonium Chloride Imports

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in purchases abroad of ammonium chloride, which increased by 18% to X tons in 2021. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 46% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, ammonium chloride imports soared to $X in 2021. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 77% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

Turkey dominates imports structure, reaching X tons, which was near 73% of total imports in 2021. The United Arab Emirates (X tons) ranks second in terms of the total imports with an 8.4% share, followed by Israel (7.9%). Iran (X tons) and Oman (X tons) took a minor share of total imports.

Turkey was also the fastest-growing in terms of the ammonium chloride imports, with a CAGR of +12.1% from 2012 to 2021. At the same time, Oman (+7.0%) and Israel (+1.8%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (-13.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey increased by +31 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported ammonium chloride in the Middle East, comprising 67% of total imports. The second position in the ranking was held by Israel ($X), with a 13% share of total imports. It was followed by the United Arab Emirates, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in Turkey amounted to +14.5%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+7.5% per year) and the United Arab Emirates (+4.2% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, growing by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+13.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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