Netherlands: 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 the Netherlands

The Dutch market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution surged to $X in 2022, increasing by 33% against the previous year. In general, consumption posted a significant increase. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

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

In value terms, production of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 7.7%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

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

Exports from the Netherlands

In 2022, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from the Netherlands reduced to X tons, waning by -13.7% against the year before. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of 10%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable increase. The pace of growth was the most pronounced in 2021 when exports increased by 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from the Netherlands, with a combined 78% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +8.6%), while the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution exports from the Netherlands, comprising 47% of total exports. The second position in the ranking was taken by Germany ($X), with a 17% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.5% per year) and the UK (+3.9% per year).

Export Prices by Country

The average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution stood at $X per ton in 2022, increasing by 59% against the previous year. In general, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 77%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 France (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the Netherlands

In 2022, purchases abroad of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution was finally on the rise to reach X tons after five years of decline. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports of hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution skyrocketed to $X in 2022. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the United States (X tons) and France (X tons) were the main suppliers of imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to the Netherlands, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +105.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to the Netherlands, comprising 49% of total imports. The second position in the ranking was held by Belgium ($X), with a 24% share of total imports. It was followed by France, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +90.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+25.2% per year) and France (+7.6% per year).

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, surging by 53% against the previous year. In general, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 100%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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