Report Update Nov 1, 2024

Saudi Arabia - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Ammonia Market 2024

Ammonia Market Size in Saudi Arabia

The Saudi ammonia market skyrocketed to $X in 2022, surging by 333% against the previous year. Overall, consumption enjoyed a mild increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ammonia Production in Saudi Arabia

In value terms, ammonia production declined to $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of 29% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Ammonia Exports

Exports from Saudi Arabia

In 2021, overseas shipments of anhydrous ammonia decreased by -21.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 532% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped rapidly in the following year.

In value terms, ammonia exports reduced to $X in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 480%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

India (X tons), South Korea (X tons) and Brazil (X tons) were the main destinations of ammonia exports from Saudi Arabia, with a combined 54% share of total exports. These countries were followed by Taiwan (Chinese), the United States, Turkey, Bangladesh, South Africa and Australia, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +35.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for anhydrous ammonia exports from Saudi Arabia, comprising 31% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+35.4% per year) and Brazil (+19.7% per year).

Export Prices by Country

In 2021, the average ammonia export price amounted to $X per ton, increasing by 19% against the previous year. In general, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonia Imports

Imports into Saudi Arabia

In 2022, approx. X tons of anhydrous ammonia were imported into Saudi Arabia; which is down by -50% against the previous year's figure. Overall, imports showed a significant contraction. Over the period under review, imports attained the maximum at X tons in 2021, and then reduced notably in the following year.

In value terms, ammonia imports contracted remarkably to $X in 2022. In general, imports saw a dramatic decline. Over the period under review, imports hit record highs at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, Jordan (X tons) was the main supplier of ammonia to Saudi Arabia, accounting for a approx. 100% share of total imports.

From 2021 to 2022, the average annual rate of growth in terms of volume from Jordan was relatively modest.

In value terms, Jordan ($X) constituted the largest supplier of anhydrous ammonia to Saudi Arabia.

From 2021 to 2022, the average annual rate of growth in terms of value from Jordan was relatively modest.

Import Prices by Country

The average ammonia import price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2021, and then fell slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Jordan.

From 2021 to 2022, the rate of growth in terms of prices for Jordan amounted to +2.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anhydrous ammonia in the world?

The country with the largest volume of ammonia consumption was China, accounting for 29% of total volume. Moreover, ammonia consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.8% share.

What are the largest producers of anhydrous ammonia in the world?

The country with the largest volume of ammonia production was China, accounting for 28% of total volume. Moreover, ammonia production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of anhydrous ammonia to Saudi Arabia?

In value terms, Jordan and India appeared to be the largest ammonia suppliers to Saudi Arabia.

What are the leading importers of anhydrous ammonia from Saudi Arabia?

In value terms, India remains the key foreign market for ammonia exports from Saudi Arabia, comprising 48% of total exports. The second position in the ranking was occupied by Brazil, with a 15% share of total exports. It was followed by Bangladesh, with an 8.8% share.

What is the average export price for anhydrous ammonia in Saudi Arabia?

In 2020, the average ammonia export price amounted to $315 per ton, falling by -7.3% against the previous year.

What is the average import price for anhydrous ammonia in Saudi Arabia?

In 2020, the average ammonia import price amounted to $1,117 per ton, waning by -1.7% against the previous year.

This report provides an in-depth analysis of the ammonia market in Saudi Arabia. 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:

Saudi Arabia

Data coverage:

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