Key Market Indicators
The country ranked number 54 in 2021, with Qatar leading the ranking with $435,470. Saudi Arabia, UAE, and Kuwait respectively came in numbers 2, 3 and 4 in the ranking. Oman's exports of Ammonia have dropped significantly compared to last year. In 2021, the country exported $102 million - a 9.4% decline from 2020. This is a 40.5% decrease since 2012. Kenya topped the 2021 rankings with $102 million, while Saudi Arabia, Russia and Indonesia followed in second, third and fourth place. Oman's Ammonia imports are expected to reach $435 million by 2026, up from $355 million in 2021. This is a 3.4% growth year-on-year. Since 1994, demand has increased by an average of 2.2% each year. Qatar led the rankings in 2021 with $435 million, followed by Saudi Arabia, the United Arab Emirates and Kuwait.
