Egypt: Market for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution 2024

Market Size for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Egypt

The Egyptian market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution was estimated at $X in 2023, picking up by X% against the previous year. Overall, consumption showed a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Egypt

In value terms, production of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution surged to $X in 2023 estimated in export price. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production of growth failed to regain momentum.

Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Exports from Egypt

In 2019, overseas shipments of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution decreased by X% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution rose remarkably to $X in 2019. Overall, exports recorded a precipitous decline. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from Egypt, with a X% share of total exports. Moreover, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to Australia exceeded the volume sent to the second major destination, the United States (X tons), threefold. Canada (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).

In value terms, Canada ($X) remains the key foreign market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2019, the average annual growth rate of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the United States (X% per year).

Export Prices by Country

In 2019, the average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2019, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced a decline.

Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution

Imports into Egypt

Imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution into Egypt was estimated at X tons in 2018, remaining relatively unchanged against the previous year. In general, imports showed a significant increase. The smallest decline of X% was in 2013. Over the period under review, imports of reached the peak figure in 2018 and are likely to see steady growth in years to come.

In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $X in 2018. Overall, imports enjoyed strong growth. The smallest decline of X% was in 2013. Over the period under review, imports of attained the peak figure in 2018 and are likely to continue growth in years to come.

Imports by Country

In 2018, France (X tons) constituted the largest mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution supplier to Egypt, accounting for a X% share of total imports. Moreover, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution from France exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold.

From 2012 to 2018, the average annual rate of growth in terms of volume from France was relatively modest.

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution to Egypt, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2018, the average annual rate of growth in terms of value from Saudi Arabia amounted to X%.

Import Prices by Country

In 2018, the average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $X per ton, approximately equating the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average import price decreased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, 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 Saudi Arabia ($X per ton), while the price for France stood at $X per ton.

From 2012 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Source: IndexBox Platform