World - Nitrogen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Nitrogen Market 2024
Nitrogen Market Size
The global nitrogen market stood at $X in 2021, growing by 7% against the previous year. The market value increased at an average annual rate of +4.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the global market remained at a somewhat lower figure.
Nitrogen Production
In value terms, nitrogen production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2017 to 2021, global production growth remained at a somewhat lower figure.
Nitrogen Exports
Exports
Global nitrogen exports expanded notably to X cubic meters in 2021, picking up by 8% on 2020. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.7% against 2013 indices. The growth pace was the most rapid in 2016 when exports increased by 17%. The global exports peaked in 2021 and are likely to continue growth in years to come.
In value terms, nitrogen exports surged to $X in 2021. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Belgium was the main exporter of nitrogen in the world, with the volume of exports resulting at X cubic meters, which was approx. 41% of total exports in 2021. Germany (X cubic meters) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by the United States (9.7%) and France (7.1%). Poland (X cubic meters), Austria (X cubic meters), the Czech Republic (X cubic meters), Singapore (X cubic meters) and Italy (X cubic meters) held a relatively small share of total exports.
Belgium was also the fastest-growing in terms of the nitrogen exports, with a CAGR of +25.5% from 2012 to 2021. At the same time, Austria (+10.1%), the United States (+8.6%), Italy (+6.5%), Germany (+6.0%), France (+3.4%) and Poland (+1.7%) displayed positive paces of growth. By contrast, the Czech Republic (-1.0%) and Singapore (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium increased by +31 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest nitrogen supplying countries worldwide were Belgium ($X), France ($X) and Germany ($X), with a combined 40% share of global exports. These countries were followed by the United States, Austria, Poland, Singapore, the Czech Republic and Italy, which together accounted for a further 27%.
Austria, with a CAGR of +16.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average nitrogen export price stood at $X per cubic meter in 2021, rising by 16% against the previous year. Overall, the export price, however, recorded a deep reduction. The global export price peaked at $X per cubic meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per cubic meter), while Belgium ($X per cubic meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.0%), while the other global leaders experienced more modest paces of growth.
Nitrogen Imports
Imports
Global nitrogen imports skyrocketed to X cubic meters in 2021, picking up by 36% compared with 2020. In general, imports, however, recorded a perceptible setback. Global imports peaked at X cubic meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, nitrogen imports soared to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, global imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, the Netherlands (X cubic meters), distantly followed by Germany (X cubic meters), Canada (X cubic meters), Belgium (X cubic meters) and Slovakia (X cubic meters) were the largest importers of nitrogen, together achieving 54% of total imports. Singapore (X cubic meters), Hungary (X cubic meters), the Czech Republic (X cubic meters), France (X cubic meters), Malaysia (X cubic meters), Luxembourg (X cubic meters), Slovenia (X cubic meters) and Greece (X cubic meters) followed a long way behind the leaders.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +29.2%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X) constitutes the largest market for imported nitrogen worldwide, comprising 21% of global imports. The second position in the ranking was held by Germany ($X), with an 8.8% share of global imports. It was followed by Belgium, with a 4.1% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands amounted to +3.6%. In the other countries, the average annual rates were as follows: Germany (-1.9% per year) and Belgium (-0.7% per year).
Import Prices by Country
The average nitrogen import price stood at $X per cubic meter in 2021, falling by -7.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2019 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Greece ($X per cubic meter), while Canada ($X per cubic meter) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global nitrogen market. 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 20111160 - Nitrogen
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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