In 2023, India led the global import of anhydrous ammonia with a value of USD 926.68 million, showing a slight year-on-year increase of 0.32%. The United States and Morocco followed with imports valued at USD 494.5 million and USD 493.07 million, respectively, indicating varied trends with the US experiencing a 13.71% decline while Morocco saw a 3.06% rise. Significant declines were noted in Japan (8.5%) and Denmark (15.67%). Conversely, Russia displayed an exceptional increase of 77.32%, reflecting a significant shift in trade dynamics. Other notable increases include Poland (9.81%) and Bolivia (24.34%).
Future trends to watch for include: - Rising import values in previously lower import countries like Russia and Bolivia, which showed significant recent increases. - Decreasing trends in long-standing importers such as the United States and Denmark. - Emerging markets in African nations like Uganda, Tanzania, and Senegal which are demonstrating moderate to strong positive growth. - Potential volatility in smaller import markets such as Fiji, Bermuda, and Montenegro, which have experienced substantial declines.Overall, the global import landscape for anhydrous ammonia is marked by shifts in traditional market leaders and an emergence of new significant importers. Constant monitoring of geopolitical changes and economic policies will be crucial in anticipating future trends.
Top countries in Import of Anhydrous Ammonia by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 926,680,000 | 2023 | +1.27% | +0.32% | View data |
| 2 | 2 United States | 494,500,000 | 2023 | -19.14% | -13.71% | View data |
| 3 | 3 Morocco | 493,070,000 | 2023 | +3.04% | +3.06% | View data |
| 4 | 4 South Korea | 459,140,000 | 2023 | -0.032% | -0.84% | View data |
| 5 | 5 China | 386,840,000 | 2023 | +4.4% | +2.74% | View data |
| 6 | 6 Belgium | 274,660,000 | 2023 | -2.34% | -2.01% | View data |
| 7 | 7 Mexico | 222,430,000 | 2023 | +4.29% | +0.54% | View data |
| 8 | 8 Germany | 200,190,000 | 2023 | -0.31% | -0.18% | View data |
| 9 | 9 Ukraine | 178,960,000 | 2023 | +5.66% | +5.44% | View data |
| 10 | 10 Thailand | 175,590,000 | 2023 | +1.21% | +0.43% | View data |
