Sweden: Ammonium Nitrate Market 2025

Ammonium Nitrate Market Size in Sweden

The Swedish ammonium nitrate market declined remarkably to $X in 2021, reducing by -89.9% against the previous year. Over the period under review, consumption showed a deep reduction. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Ammonium Nitrate Production in Sweden

In value terms, ammonium nitrate production rose sharply to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Ammonium Nitrate Exports

Exports from Sweden

In 2021, approx. X tons of ammonium nitrate were exported from Sweden; increasing by 71% against the previous year. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 216% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, ammonium nitrate exports skyrocketed to $X in 2021. In general, exports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons), Mexico (X tons) and Peru (X tons) were the main destinations of ammonium nitrate exports from Sweden, together comprising 30% of total exports. Belgium, Ghana, the United Arab Emirates, Israel, Finland, Chile, Turkey, Croatia, Morocco and Burkina Faso lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +168.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ammonium nitrate exported from Sweden were Norway ($X), Mexico ($X) and the United Arab Emirates ($X), together accounting for 32% of total exports. These countries were followed by Peru, Israel, Ghana, Finland, Belgium, Croatia, Chile, Morocco, Burkina Faso and Turkey, which together accounted for a further 39%.

Among the main countries of destination, Belgium, with a CAGR of +172.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ammonium nitrate export price stood at $X per ton in 2021, with an increase of 21% against the previous year. Overall, the export price, however, showed a perceptible curtailment. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Turkey ($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 Morocco (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Nitrate Imports

Imports into Sweden

In 2021, overseas purchases of ammonium nitrate decreased by -9.6% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, ammonium nitrate imports skyrocketed to $X in 2021. In general, imports saw a abrupt downturn. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark (X tons), the UK (X tons) and Finland (X tons) were the main suppliers of ammonium nitrate imports to Sweden, together comprising 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +259.3%), while purchases for the other leaders experienced a decline.

In value terms, the largest ammonium nitrate suppliers to Sweden were the UK ($X), Denmark ($X) and Finland ($X), with a combined 70% share of total imports.

The UK, with a CAGR of +239.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average ammonium nitrate import price amounted to $X per ton, picking up by 69% against the previous year. In general, the import price, however, saw a mild setback. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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