Northern America - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Ammonia Market 2024
Ammonia Market Size in Northern America
In 2022, the North American ammonia market increased by 0.4% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a noticeable decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Ammonia Production in Northern America
In value terms, ammonia production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 53% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.
Ammonia Exports
Exports in Northern America
In 2022, the amount of anhydrous ammonia exported in Northern America soared to X tons, picking up by 52% compared with 2021. Total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.2% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ammonia exports soared to $X in 2022. In general, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
In 2022, the United States (X tons), followed by Canada (X tons) represented the key exporters of anhydrous ammonia, together comprising 100% of total exports.
From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +41.1%).
In value terms, Canada ($X) and the United States ($X) were the countries with the highest levels of exports in 2022.
Among the main exporting countries, the United States, with a CAGR of +39.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review.
Export Prices by Country
The export price in Northern America stood at $X per ton in 2022, surging by 40% against the previous year. Over the period under review, the export price saw modest growth. The pace of growth appeared the most rapid in 2021 when the export price increased by 67%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.8%).
Ammonia Imports
Imports in Northern America
In 2022, supplies from abroad of anhydrous ammonia increased by 40% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, ammonia imports skyrocketed to $X in 2022. Overall, imports, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 108%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
The United States (X tons) represented roughly 100% of total imports in 2022.
The United States was also the fastest-growing in terms of the anhydrous ammonia imports, with a CAGR of -5.6% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported anhydrous ammonia in Northern America.
In the United States, ammonia imports decreased by an average annual rate of -4.4% over the period from 2012-2022.
Import Prices by Country
The import price in Northern America stood at $X per ton in 2022, jumping by 28% against the previous year. In general, the import price showed modest growth. The most prominent rate of growth was recorded in 2021 an increase of 47%. The level of import peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.2% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ammonia market in Northern America. 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:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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