SADC: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in SADC

The SADC ammonia in aqueous solution market expanded slightly to $X in 2022, growing by X% against the previous year. Overall, consumption showed a resilient expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Ammonia In Aqueous Solution in SADC

In value terms, ammonia in aqueous solution production expanded modestly to $X in 2022 estimated in export price. In general, production posted a prominent expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Ammonia In Aqueous Solution

Exports in SADC

In 2022, overseas shipments of ammonia in aqueous solution decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, ammonia in aqueous solution exports skyrocketed to $X in 2022. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2022.

South Africa was also the fastest-growing in terms of the ammonia in aqueous solution exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest ammonia in aqueous solution supplier in SADC.

In South Africa, ammonia in aqueous solution exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, 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 South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Ammonia In Aqueous Solution

Imports in SADC

In 2022, ammonia in aqueous solution imports in SADC rose modestly to X tons, with an increase of X% compared with the previous year. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ammonia in aqueous solution imports amounted to $X in 2022. Over the period under review, imports, however, recorded a pronounced setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Swaziland was the key importing country with an import of around X tons, which accounted for X% of total imports. Tanzania (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (X%). Namibia (X tons), Zambia (X tons), South Africa (X tons) and Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Imports into Swaziland increased at an average annual rate of X% from 2012 to 2022. At the same time, South Africa (X%), Tanzania (X%), Democratic Republic of the Congo (X%), Namibia (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Zambia experienced a relatively flat trend pattern. Swaziland (X p.p.), Tanzania (X p.p.), South Africa (X p.p.), Namibia (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Swaziland ($X), Tanzania ($X) and Namibia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Swaziland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform