South-Eastern Asia: Market for Calcium Ammonium Nitrate (CAN) 2025

Market Size for Calcium Ammonium Nitrate (CAN) in South-Eastern Asia

In 2021, the Southeast Asian calcium ammonium nitrate (CAN) market decreased by -7.6% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then fell in the following year.

Production of Calcium Ammonium Nitrate (CAN) in South-Eastern Asia

In value terms, calcium ammonium nitrate (CAN) production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 39%. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in South-Eastern Asia

In 2021, shipments abroad of calcium ammonium nitrate (CAN) was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, exports, however, saw a dramatic contraction. The pace of growth appeared the most rapid in 2014 with an increase of 237%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt contraction. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines represented the largest exporter of calcium ammonium nitrate (CAN) in South-Eastern Asia, with the volume of exports amounting to X tons, which was near 49% of total exports in 2021. Singapore (X tons) took the second position in the ranking, followed by Malaysia (X tons), Indonesia (X tons) and Vietnam (X tons). All these countries together took near 51% share of total exports.

The Philippines experienced a relatively flat trend pattern with regard to volume of exports of calcium ammonium nitrate (CAN). At the same time, Singapore (+51.3%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +51.3% from 2012-2021. By contrast, Malaysia (-26.1%), Indonesia (-27.7%) and Vietnam (-38.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Philippines and Singapore increased by +49 and +21 percentage points, respectively.

In value terms, Singapore ($X), the Philippines ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 96% of total exports.

Singapore, with a CAGR of +41.9%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, with an increase of 335% against the previous year. Overall, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+8.0%), while the other leaders experienced a decline in the export price figures.

Imports of Calcium Ammonium Nitrate (CAN)

Imports in South-Eastern Asia

For the seventh year in a row, South-Eastern Asia recorded growth in supplies from abroad of calcium ammonium nitrate (CAN), which increased by 23% to X tons in 2021. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 177% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) imports soared to $X in 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2013 when imports increased by 138%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Timor-Leste (X tons) and Thailand (X tons) represented the major importers of calcium ammonium nitrate (CAN) in 2021, finishing at approx. 39% and 39% of total imports, respectively. Indonesia (X tons) ranks next in terms of the total imports with a 10% share, followed by Myanmar (9.9%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of +36.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium ammonium nitrate (CAN) importing markets in South-Eastern Asia were Timor-Leste ($X), Thailand ($X) and Myanmar ($X), together accounting for 87% of total imports.

Myanmar, with a CAGR of +30.8%, 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

In 2021, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 2.3% against the previous year. In general, the import price, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the import price increased by 7.2%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Myanmar ($X per ton) and Timor-Leste ($X per ton), while Indonesia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Myanmar (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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