Poland: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Poland

In 2021, the Polish ammonium nitrate market decreased by -12.8% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Ammonium nitrate consumption peaked at $X in 2020, and then contracted in the following year.

Ammonium Nitrate Production in Poland

In value terms, ammonium nitrate production reduced slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 5.8%. Ammonium nitrate production peaked at $X in 2020, and then contracted slightly in the following year.

Ammonium Nitrate Exports

Exports from Poland

In 2021, approx. X tons of ammonium nitrate were exported from Poland; picking up by 167% compared with the year before. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, ammonium nitrate exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for ammonium nitrate exports from Poland, with a 62% share of total exports. Moreover, ammonium nitrate exports to Ukraine exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The third position in this ranking was taken by Lithuania (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine stood at +528.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.6% per year) and Lithuania (-5.4% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for ammonium nitrate exports from Poland, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 9.6% share of total exports. It was followed by Hungary, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Ukraine amounted to +614.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.7% per year) and Hungary (+17.5% per year).

Export Prices by Country

In 2021, the average ammonium nitrate export price amounted to $X per ton, with an increase of 35% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average export price increased by 70% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Hungary ($X per ton) and Sweden ($X per ton), while the average price for exports to Ukraine ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Nitrate Imports

Imports into Poland

In 2021, approx. X tons of ammonium nitrate were imported into Poland; falling by -49% on the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 77% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, ammonium nitrate imports fell markedly to $X in 2021. In general, imports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2017 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Lithuania (X tons) constituted the largest ammonium nitrate supplier to Poland, with a 42% share of total imports. Moreover, ammonium nitrate imports from Lithuania exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Lithuania stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.4% per year) and Germany (+9.4% per year).

In value terms, Lithuania ($X) constituted the largest supplier of ammonium nitrate to Poland, comprising 41% of total imports. The second position in the ranking was held by the UK ($X), with an 18% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Lithuania amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-3.7% per year) and Germany (+7.0% per year).

Import Prices by Country

In 2021, the average ammonium nitrate import price amounted to $X per ton, jumping by 56% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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