United Arab Emirates: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in the United Arab Emirates

The nitrogenous fertilizer market in the United Arab Emirates soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Production in the United Arab Emirates

In value terms, nitrogenous fertilizer production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Nitrogenous fertilizer production peaked at $X in 2020; afterwards, it flattened through to 2022.

Nitrogenous Fertilizer Exports

Exports from the United Arab Emirates

Nitrogenous fertilizer exports from the United Arab Emirates declined dramatically to X tons in 2022, waning by X% compared with the previous year. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted notably in the following year.

In value terms, nitrogenous fertilizer exports fell sharply to $X in 2022. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

Sri Lanka (X tons) was the main destination for nitrogenous fertilizer exports from the United Arab Emirates, with a X% share of total exports. Moreover, nitrogenous fertilizer exports to Sri Lanka exceeded the volume sent to the second major destination, Malaysia (X tons), threefold. India (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sri Lanka stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and India (X% per year).

In value terms, Sri Lanka ($X) emerged as the key foreign market for nitrogenous fertilizers (mineral or chemical) exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports. It was followed by Sudan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sri Lanka totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Sudan (X% per year).

Export Prices by Country

The average nitrogenous fertilizer export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price recorded a measured expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($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 Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nitrogenous Fertilizer Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of nitrogenous fertilizers (mineral or chemical) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, nitrogenous fertilizer imports expanded to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden (X tons), South Korea (X tons) and Oman (X tons) were the main suppliers of nitrogenous fertilizer imports to the United Arab Emirates, together accounting for X% of total imports.

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

In value terms, Sweden ($X) constituted the largest supplier of nitrogenous fertilizers (mineral or chemical) to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Egypt (X% per year).

Import Prices by Country

The average nitrogenous fertilizer import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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