United Arab Emirates: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in the United Arab Emirates

The calcium ammonium nitrate (CAN) market in the United Arab Emirates rose notably to $X in 2021, with an increase of 8% against the previous year. Overall, consumption posted strong growth. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the near future.

Production of Calcium Ammonium Nitrate (CAN) in the United Arab Emirates

In value terms, calcium ammonium nitrate (CAN) production expanded modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -7.1% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 21%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from the United Arab Emirates

In 2021, overseas shipments of calcium ammonium nitrate (CAN) increased by 106% to X tons, rising for the fifth consecutive year after four years of decline. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 106%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 100%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Zimbabwe (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from the United Arab Emirates, with a 65% share of total exports. Moreover, calcium ammonium nitrate (CAN) exports to Zimbabwe exceeded the volume sent to the second major destination, Tanzania (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Zimbabwe amounted to +67.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Malawi (+19.3% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for calcium ammonium nitrate (CAN) exports from the United Arab Emirates, comprising 72% of total exports. The second position in the ranking was held by Tanzania ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Zimbabwe amounted to +92.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (0.0% per year) and Malawi (+18.6% per year).

Export Prices by Country

The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2021, dropping by -2.8% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcium ammonium nitrate (CAN) export price decreased by -13.2% against 2016 indices. The pace of growth was the most pronounced in 2016 an increase of 25%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Tanzania ($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 Zimbabwe (+15.1%).

Imports of Calcium Ammonium Nitrate (CAN)

Imports into the United Arab Emirates

In 2021, approx. X tons of calcium ammonium nitrate (CAN) were imported into the United Arab Emirates; growing by 20% compared with the previous year. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 258% 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 skyrocketed to $X in 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 235% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of calcium ammonium nitrate (CAN) to the United Arab Emirates, accounting for a less than 0.1% share of total imports. It was followed by Spain (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at -5.1%.

In value terms, China ($X) constituted the largest supplier of calcium ammonium nitrate (CAN) to the United Arab Emirates, comprising less than 0.1% of total imports. The second position in the ranking was held by Spain ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.0%.

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at $X per ton in 2021, standing approx. at the previous year. In general, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2014 when the average import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+50.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :