Price for Ammonia; Anhydrous or in Aqueous Solution in Chile - 2024

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Chile (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Chile (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Chile
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Chile

Price for Ammonia; Anhydrous or in Aqueous Solution in Chile (CIF) - 2022

In 2022, the average import price for ammonia; anhydrous or in aqueous solutia amounted to $598 per ton, approximately reflecting the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $637 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,195 per ton), while the price for Trinidad and Tobago ($533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Chile (FOB) - 2022

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $980 per ton, remaining stable against the previous year. In general, the export price saw a mild descent. The growth pace was the most rapid in 2015 an increase of 27% against the previous year. As a result, the export price reached the peak level of $1,570 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($3,296 per ton), while the average price for exports to Peru stood at $948 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Chile

In 2022, approx. 698K tons of ammonia; anhydrous or in aqueous solutia were imported into Chile; picking up by 96% on 2021 figures. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ammonia; anhydrous or in aqueous solutia skyrocketed to $417M in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 170%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Ammonia; Anhydrous or in Aqueous Solution in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago35.342.595.522986.5%
United States56.231.257.411727.7%
MexicoN/AN/A13.850.1263.0%
ArgentinaN/A1.218.720.6314.3%
BrazilN/AN/A29.5N/A0%
Others0.14.90.10.10.0%
Total91.579.821541765.8%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Chile in 2022:

  1. Trinidad and Tobago (430.3K tons)
  2. United States (205.3K tons)
  3. Mexico (44.9K tons)
  4. Argentina (17.3K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Chile

In 2022, approx. 880 tons of ammonia; anhydrous or in aqueous solutia were exported from Chile; jumping by 15% compared with 2021 figures. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 64% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of ammonia; anhydrous or in aqueous solutia rose markedly to $863K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 54%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Ammonia; Anhydrous or in Aqueous Solution in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru26123655382046.5%
Bolivia12911086.138.9-32.9%
Argentina0.8256106N/A1051.1%
Others13.319.215.64.2-31.9%
Total40462176186328.8%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Chile in 2022:

  1. Peru (865.0 tons)
  2. Bolivia (11.8 tons)

Source: IndexBox Market Intelligence Platform

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