The global export market for Urea-Ammonium Nitrate Mixes in Solution is dominated by Russia and the United States, accounting for 29.58% and 22.83% of exports respectively in 2023. Russia's growth was modest at 2.3%, while the U.S. expanded by 6.12%. Notably, Egypt’s export share surged by 53.93%, making it a key player to watch. Meanwhile, France and Germany experienced declines of 23.17% and 4.27% respectively, highlighting challenges in the European market.
Future trends to monitor include China's rapid 20.06% growth and potential for further expansion. Watch for geopolitical shifts impacting major players like Russia and the U.S., and emerging markets potentially reshaping the competitive landscape.
Top countries in Export of Urea-Ammonium Nitrate Mixes in Solution Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 29.58 | 2023 | +3.14% | +2.3% | View data |
| 2 | 2 United States | 22.83 | 2023 | +5.34% | +6.12% | View data |
| 3 | 3 Lithuania | 11.45 | 2023 | +0.74% | +1.85% | View data |
| 4 | 4 Netherlands | 10.78 | 2023 | +2.21% | +3.08% | View data |
| 5 | 5 Belgium | 5.55 | 2023 | +3.07% | +2.16% | View data |
| 6 | 6 Canada | 5.24 | 2023 | +0.45% | -0.8% | View data |
| 7 | 7 Belarus | 3.74 | 2023 | +1.18% | +0.65% | View data |
| 8 | 8 Slovakia | 2.26 | 2023 | +1.81% | +2.61% | View data |
| 9 | 9 Germany | 1.34 | 2023 | -3.55% | -4.27% | View data |
| 10 | 10 China | 0.97 | 2023 | -2.13% | +20.06% | View data |