United Kingdom: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in the UK

In 2022, the UK ammonia in aqueous solution market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a buoyant expansion. Ammonia in aqueous solution consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Ammonia In Aqueous Solution in the UK

In value terms, ammonia in aqueous solution production reached $X in 2022 estimated in export price. Overall, the total production indicated a remarkable increase 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 growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Ammonia In Aqueous Solution

Exports from the UK

In 2022, shipments abroad of ammonia in aqueous solution increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a measured increase. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ammonia in aqueous solution exports skyrocketed to $X in 2022. Overall, total exports indicated strong growth 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Ireland (X tons) was the main destination for ammonia in aqueous solution exports from the UK, accounting for a X% share of total exports. It was followed by the Netherlands (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland amounted to X%.

In value terms, Ireland ($X) remains the key foreign market for ammonia in aqueous solution exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland stood at X%.

Export Prices by Country

The average ammonia in aqueous solution export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ireland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%).

Imports of Ammonia In Aqueous Solution

Imports into the UK

In 2022, approx. X tons of ammonia in aqueous solution were imported into the UK; leveling off at the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, ammonia in aqueous solution imports reached $X in 2022. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of ammonia in aqueous solution to the UK, accounting for a X% share of total imports. Moreover, ammonia in aqueous solution imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Ireland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Ireland (X% per year).

In value terms, France ($X) constituted the largest supplier of ammonia in aqueous solution to the UK, comprising X% of total imports. The second position in the ranking was held by Ireland ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average ammonia in aqueous solution import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, showed a mild descent. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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