Key Market Indicators
Russia's import and export of ammonia is set to reach $1.63 billion by 2026, according to latest figures. The import of ammonia into Russia is projected to fall from $665 million in 2021 to $583 million in 2026, a year-on-year decline of 2.2% on average. Since 2001, Russia's demand for ammonia has grown 17.2% annually. Meanwhile, exports of ammonia from Russia are projected to increase slightly from $1.04 billion in 2021 to $1.04 billion in 2026, a year-on-year growth of 0.1%. Since 2001, Russia's supply of ammonia has increased by 4.6% per year. In 2021, Saudi Arabia led the world in ammonia exports with $1.04 billion, followed by Russia and Indonesia with $665 million and $650 million, respectively.
