Key Market Indicators
The country was number 1 in 2021, India was second at $365,450,000. Saudi Arabia, Russia and Indonesia respectively were numbers 3, 4 and 5 in this ranking. China's ammonia exports are forecast to drop by 4.6% annually, from $4.5 million in 2021 to $3.4 million by 2026. Since 1997, Chinese supplies have decreased by 3% each year. India was the top exporter in 2021 at $4.5 million, followed by Saudi Arabia, Russia and Indonesia. Meanwhile, Chinese ammonia imports are expected to grow 3.2% annually, from $365.5 million in 2021 to $442.8 million by 2026. Since 1997, Chinese demand has increased by 17.1% annually. China was the leading importer in 2021, with India at number two at $365.5 million, followed by Saudi Arabia, Russia and Indonesia.
