Key Market Indicators
Nigeria is set to import an estimated $367,070 of ammonia by 2026, falling 4.7% year on year on average from 2021's $486,790. Since 2001, demand has declined 5.3% annually. Supply has been falling steadily since 2008, dropping by 43% year on year. In 2018, the country was ranked 49th, with the United Arab Emirates taking the top spot at $386,840. Saudi Arabia, Russia and Indonesia followed in second, third and fourth place, respectively.
