Key Market Indicators
In 2021, France was the biggest Spanish supplier with $30,821,000, followed by China, Netherlands and USA respectively. Spain's ammonia exports are projected to decrease to around $27 million by 2026, from $28 million in 2021. Since 1994, supply has increased at an average rate of 11% per year. In 2021, the country was ranked 18th globally, with Poland overtaking at $28 million. Saudi Arabia, Russia and Indonesia were second, third and fourth on the list. Meanwhile, Spanish ammonia imports are forecast to drop to about $129 million by 2026, from $139 million in 2021. Demand has grown at an average rate of 6% since 1994. In 2021, France was the main supplier to Spain, with $31 million, followed by China, the Netherlands and the United States.