Middle East: Market for Calcium Ammonium Nitrate (CAN) 2025

Market Size for Calcium Ammonium Nitrate (CAN) in the Middle East

After two years of growth, the Middle Eastern calcium ammonium nitrate (CAN) market decreased by -0.6% to $X in 2021. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +38.7% against 2018 indices. As a result, consumption attained the peak level of $X, leveling off in the following year.

Production of Calcium Ammonium Nitrate (CAN) in the Middle East

In value terms, calcium ammonium nitrate (CAN) production reduced to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +35.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 32% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in the Middle East

In 2021, the amount of calcium ammonium nitrate (CAN) exported in the Middle East expanded sharply to X tons, increasing by 7.3% on 2020 figures. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 633%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) exports surged to $X in 2021. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 610% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

The shipments of the one major exporters of calcium ammonium nitrate (CAN), namely Turkey, represented more than two-thirds of total export.

Turkey was also the fastest-growing in terms of the calcium ammonium nitrate (CAN) exports, with a CAGR of +31.6% from 2012 to 2021. While the share of Turkey (+13 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest calcium ammonium nitrate (CAN) supplier in the Middle East.

In Turkey, calcium ammonium nitrate (CAN) exports expanded at an average annual rate of +29.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, growing by 88% against the previous year. In general, the export price, however, saw a slight descent. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -1.4% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports in the Middle East

For the tenth consecutive year, the Middle East recorded growth in supplies from abroad of calcium ammonium nitrate (CAN), which increased by 7.1% to X tons in 2021. In general, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 58% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) imports surged to $X in 2021. Overall, imports enjoyed resilient growth. The growth pace was the most rapid in 2015 with an increase of 38% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of calcium ammonium nitrate (CAN) imports in 2021 were the United Arab Emirates (X tons), Turkey (X tons) and Syrian Arab Republic (X tons), together recording 99% of total import.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +33.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium ammonium nitrate (CAN) importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Syrian Arab Republic ($X), with a combined 98% share of total imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of +30.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, the import price, however, showed a pronounced descent. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Syrian Arab Republic ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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