United Arab Emirates: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in the United Arab Emirates

The ammonium sulphate market in the United Arab Emirates shrank to $X in 2022, with a decrease of -6% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Ammonium Sulphate Production in the United Arab Emirates

In value terms, ammonium sulphate production dropped to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 52%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Ammonium Sulphate Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of ammonium sulphate were exported from the United Arab Emirates; growing by 29% on the previous year's figure. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2014 when exports increased by 407% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, ammonium sulphate exports expanded rapidly to $X in 2022. In general, exports enjoyed a strong expansion. The growth pace was the most rapid in 2014 when exports increased by 438% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for ammonium sulphate exports from the United Arab Emirates, accounting for a 87% share of total exports. Moreover, ammonium sulphate exports to India exceeded the volume sent to the second major destination, Guatemala (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +94.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (0.0% per year) and Zimbabwe (-11.5% per year).

In value terms, India ($X) emerged as the key foreign market for ammonium sulphate exports from the United Arab Emirates, comprising 75% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value to India stood at +108.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (0.0% per year) and Zimbabwe (-3.9% per year).

Export Prices by Country

The average ammonium sulphate export price stood at $X per ton in 2022, reducing by -17.2% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 39%. As a result, the export price attained the peak level of $X per ton, and then reduced remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ammonium Sulphate Imports

Imports into the United Arab Emirates

In 2022, imports of ammonium sulphate into the United Arab Emirates surged to X tons, rising by 19% against the previous year. In general, imports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2020 when imports increased by 181%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, ammonium sulphate imports reached $X in 2022. Overall, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 328% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and Spain (X tons) were the main suppliers of ammonium sulphate imports to the United Arab Emirates, together comprising 62% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +151.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Germany ($X) appeared to be the largest ammonium sulphate suppliers to the United Arab Emirates, together accounting for 52% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +121.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ammonium sulphate import price amounted to $X per ton, dropping by -12.5% against the previous year. Over the period under review, the import price showed a mild decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 75% against the previous year. The import price peaked at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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