Netherlands: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in the Netherlands

The Dutch ammonium sulphate market declined dramatically to $X in 2022, which is down by -97.5% against the previous year. In general, consumption saw a dramatic descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Ammonium Sulphate Production in the Netherlands

In value terms, ammonium sulphate production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 136%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Ammonium Sulphate Exports

Exports from the Netherlands

In 2022, shipments abroad of ammonium sulphate was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 54% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, ammonium sulphate exports soared to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) was the main destination for ammonium sulphate exports from the Netherlands, accounting for a 73% share of total exports. Moreover, ammonium sulphate exports to Belgium exceeded the volume sent to the second major destination, France (X tons), sixfold. The UK (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.3% per year) and the UK (+3.2% per year).

In value terms, Belgium ($X) remains the key foreign market for ammonium sulphate exports from the Netherlands, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+1.5% per year) and Germany (-2.5% per year).

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, waning by -8.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 45%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Greece ($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 Greece (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Sulphate Imports

Imports into the Netherlands

In 2022, the amount of ammonium sulphate imported into the Netherlands shrank to X tons, falling by -8.3% compared with 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.4% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 35%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, ammonium sulphate imports reduced to $X in 2022. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

Belgium (X tons), Germany (X tons) and Croatia (X tons) were the main suppliers of ammonium sulphate imports to the Netherlands, together accounting for 98% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +18.5%), while imports for the other leaders experienced a decline.

In value terms, Belgium ($X) constituted the largest supplier of ammonium sulphate to the Netherlands, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.5% per year) and Croatia (-31.9% per year).

Import Prices by Country

In 2022, the average ammonium sulphate import price amounted to $X per ton, with an increase of 5% against the previous year. In general, the import price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2021 an increase of 37%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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