Report Update Nov 1, 2024

Pakistan - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Nitrogen Market 2024

Nitrogen Market Size in Pakistan

The Pakistani nitrogen market surged to $X in 2021, growing by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a remarkable increase. Nitrogen consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Nitrogen Exports

Exports from Pakistan

After two years of decline, shipments abroad of nitrogen decreased by 0% to X cubic meters in 2021. In general, exports recorded a deep reduction. The smallest decline of 99.9% was in 2019. Over the period under review, the exports reached the maximum at X cubic meters in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, nitrogen exports amounted to $X in 2021. Over the period under review, exports saw a precipitous slump. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X cubic meters) was the main destination for nitrogen exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to Turkey was relatively modest.

From 2015 to 2021, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

In 2021, the average nitrogen export price amounted to $X per cubic meter, therefore, remained relatively stable against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2018; however, from 2019 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 2015 to 2021, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Nitrogen Imports

Imports into Pakistan

Nitrogen imports into Pakistan surged to X cubic meters in 2021, increasing by 39% against 2020. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,244% against the previous year. Imports peaked at X cubic meters in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, nitrogen imports soared to $X in 2021. Overall, imports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2018 when imports increased by 369%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X cubic meters), the United States (X cubic meters) and Denmark (X cubic meters) were the main suppliers of nitrogen imports to Pakistan, together accounting for 65% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +116.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the United States ($X) and Denmark ($X) appeared to be the largest nitrogen suppliers to Pakistan, together accounting for 55% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +59.9%, 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 average nitrogen import price stood at $X per cubic meter in 2021, dropping by -1.7% against the previous year. Over the period under review, the import price faced a deep reduction. The growth pace was the most rapid in 2013 when the average import price increased by 949% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the UK ($X per cubic meter) and Singapore ($X per cubic meter), while the price for Qatar ($X per cubic meter) and China ($X per cubic meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrogen in the world?

China remains the largest nitrogen consuming country worldwide, accounting for 19% of total volume. Moreover, nitrogen consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the largest producers of nitrogen in the world?

China remains the largest nitrogen producing country worldwide, accounting for 19% of total volume. Moreover, nitrogen production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the leading suppliers of nitrogen to Pakistan?

In value terms, the largest nitrogen suppliers to Pakistan were the United Arab Emirates, the United States and Germany, with a combined 50% share of total imports.

What is the average export price for nitrogen in Pakistan?

The average nitrogen export price stood at $0.2 per cubic meter in 2021, surging by 24% against the previous year.

What is the average import price for nitrogen in Pakistan?

The average nitrogen import price stood at $0.1 per cubic meter in 2021, increasing by 2% against the previous year.

This report provides an in-depth analysis of the nitrogen market in Pakistan. 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 20111160 - Nitrogen

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023