Price for Ammonia; Anhydrous or in Aqueous Solution in Canada - 2024
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Canada (FOB) - 2024
- Price for Ammonia; Anhydrous or in Aqueous Solution in Canada (CIF) - 2024
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Canada
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Canada
Price for Ammonia; Anhydrous or in Aqueous Solution in Canada (FOB) - 2024
The average export price for ammonia; anhydrous or in aqueous solutia stood at $519 per ton in September 2023, standing approximately at the previous month. In general, the export price recorded a abrupt descent. As a result, the export price reached the peak level of $1,058 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to -8.5% per month.
Price for Ammonia; Anhydrous or in Aqueous Solution in Canada (CIF) - 2024
In September 2023, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $1,043 per ton, jumping by 95% against the previous month. Overall, the import price showed a measured increase. The most prominent rate of growth was recorded in March 2023 an increase of 232% m-o-m. As a result, import price attained the peak level of $2,129 per ton. From April 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From January 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to +7.0% per month.
Exports of Ammonia; Anhydrous or in Aqueous Solution in Canada
In 2022, shipments abroad of ammonia; anhydrous or in aqueous solutia decreased by -7% to 1.1M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, the exports attained the peak of 1.2M tons, and then contracted in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia surged to $1.1B in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 383 | 389 | 685 | 1,116 | 42.8% |
| Others | N/A | N/A | 1.4 | N/A | 0% |
| Total | 383 | 389 | 687 | 1,116 | 42.8% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Canada in 2022:
- United States (1144.6K tons)
Imports of Ammonia; Anhydrous or in Aqueous Solution in Canada
After three years of growth, supplies from abroad of ammonia; anhydrous or in aqueous solutia decreased by -4.5% to 4K tons in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 280%.
In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $4.1M in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 257%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 3.1 | 2.9 | 4.0 | 71.0% |
| Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 0.9 | 3.1 | 3.2 | 4.1 | 65.8% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Canada in 2022:
- United States (3.9K tons)
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