Benelux: Ammonium Sulphate Market 2024

Ammonium Sulphate Market Size in Benelux

The Benelux ammonium sulphate market shrank to $X in 2023, declining by X% against the previous year. In general, consumption recorded a resilient expansion. As a result, consumption attained the peak level of $X, and then declined in the following year.

Ammonium Sulphate Production in Benelux

In value terms, ammonium sulphate production dropped to $X in 2023 estimated in export price. The total production indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then fell in the following year.

Ammonium Sulphate Exports

Exports in Benelux

In 2023, shipments abroad of ammonium sulphate decreased by X% to X tons, falling for the second year in a row after three years of growth. Total exports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, ammonium sulphate exports shrank rapidly to $X in 2023. Over the period under review, exports recorded a mild slump. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Belgium represented the major exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by the Netherlands (X tons), committing a X% share of total exports.

Belgium was also the fastest-growing in terms of the ammonium sulphate exports, with a CAGR of X% from 2012 to 2023. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Belgium increased by X percentage points.

In value terms, Belgium ($X) remains the largest ammonium sulphate supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Belgium was relatively modest.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced setback. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then declined dramatically in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Ammonium Sulphate Imports

Imports in Benelux

For the third year in a row, Benelux recorded decline in purchases abroad of ammonium sulphate, which decreased by X% to X tons in 2023. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, ammonium sulphate imports fell markedly to $X in 2023. Overall, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted dramatically in the following year.

Imports by Country

Belgium represented the largest importer of ammonium sulphate in Benelux, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2023. It was distantly followed by the Netherlands (X tons), constituting a X% share of total imports.

Belgium was also the fastest-growing in terms of the ammonium sulphate imports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. From 2012 to 2023, the share of Belgium increased by X percentage points.

In value terms, Belgium ($X) constitutes the largest market for imported ammonium sulphate in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Belgium amounted to X%.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then fell sharply in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform