Report Update Nov 1, 2024

Venezuela - Anhydrous Ammonia - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Venezuela: Ammonia Market 2024

Ammonia Market Size in Venezuela

In 2022, the Venezuelan ammonia market decreased by -5.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a dramatic descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ammonia Production in Venezuela

In value terms, ammonia production fell slightly to $X in 2022 estimated in export price. In general, production continues to indicate a sharp decrease. The pace of growth appeared the most rapid in 2014 with an increase of 8% against the previous year. Ammonia production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ammonia Exports

Exports from Venezuela

In 2022, overseas shipments of anhydrous ammonia were finally on the rise to reach X tons after four years of decline. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of 107% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, ammonia exports expanded slightly to $X in 2022. Overall, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 144% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for ammonia exports from Venezuela, accounting for a 78% share of total exports. Moreover, ammonia exports to the United States exceeded the volume sent to the second major destination, Chile (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-9.9% per year) and Brazil (-1.1% per year).

In value terms, the United States ($X) remains the key foreign market for anhydrous ammonia exports from Venezuela, comprising 73% of total exports. The second position in the ranking was taken by Brazil ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+7.1% per year) and Chile (-19.1% per year).

Export Prices by Country

In 2022, the average ammonia export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 18% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average 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 Brazil ($X per ton), while the average price for exports to Chile ($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 Brazil (+8.3%), while the prices for the other major destinations experienced a decline.

Ammonia Imports

Imports into Venezuela

In 2022, after four years of growth, there was significant decline in overseas purchases of anhydrous ammonia, when their volume decreased by -5.7% to X tons. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 106% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ammonia imports shrank to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 94%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, the United States (X tons) was the main supplier of ammonia to Venezuela, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +104.6%.

In value terms, the United States ($X) constituted the largest supplier of anhydrous ammonia to Venezuela.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +123.5%.

Import Prices by Country

In 2022, the average ammonia import price amounted to $X per ton, waning by -2.8% against the previous year. In general, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 91%. The import price peaked at $X per ton in 2021, and then dropped slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anhydrous ammonia in the world?

The country with the largest volume of ammonia consumption was China, accounting for 29% of total volume. Moreover, ammonia consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.8% share.

What are the largest producers of anhydrous ammonia in the world?

China remains the largest ammonia producing country worldwide, comprising approx. 28% of total volume. Moreover, ammonia production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The third position in this ranking was occupied by the United States, with an 8.3% share.

What are the leading suppliers of anhydrous ammonia to Venezuela?

In value terms, the United States constituted the largest supplier of ammonia to Venezuela.

What are the leading importers of anhydrous ammonia from Venezuela?

In value terms, the United States, Chile and Brazil appeared to be the largest markets for ammonia exported from Venezuela worldwide.

What is the average export price for anhydrous ammonia in Venezuela?

In 2020, the average ammonia export price amounted to $299 per ton, almost unchanged from the previous year.

What is the average import price for anhydrous ammonia in Venezuela?

In 2020, the average ammonia import price amounted to $2,143 per ton, declining by -6.6% against the previous year.

This report provides an in-depth analysis of the ammonia market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20151075 - Anhydrous ammonia

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023