| Product Code: ETC4808620 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import trend for ammonium nitrate in the Benin market saw a steady increase from 2018 to 2020, driven by growing industrial demand. In 2021, imports experienced a slight decline due to regulatory changes impacting trade dynamics.

Benin's Ammonium Nitrate market is anticipated to experience a exponential growth rate of 16.60% by 2027, reflecting trends observed in the largest economy Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Ammonium Nitrate Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Ammonium Nitrate Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Ammonium Nitrate Market - Industry Life Cycle |
3.4 Benin Ammonium Nitrate Market - Porter's Five Forces |
3.5 Benin Ammonium Nitrate Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 Benin Ammonium Nitrate Market Revenues & Volume Share, By End-user, 2022 & 2032F |
4 Benin Ammonium Nitrate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in agriculture sector leading to increased demand for fertilizers like ammonium nitrate |
4.2.2 Government initiatives promoting the use of fertilizers to improve crop yield |
4.2.3 Expansion of the construction industry driving demand for explosives used in mining activities |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials affecting production costs |
4.3.2 Environmental concerns and regulations regarding the use of ammonium nitrate |
4.3.3 Competition from alternative fertilizers and explosive products |
5 Benin Ammonium Nitrate Market Trends |
6 Benin Ammonium Nitrate Market Segmentations |
6.1 Benin Ammonium Nitrate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Benin Ammonium Nitrate Market Revenues & Volume, By Fertilizers, 2022-2032F |
6.1.3 Benin Ammonium Nitrate Market Revenues & Volume, By Explosives, 2022-2032F |
6.1.4 Benin Ammonium Nitrate Market Revenues & Volume, By Other? , 2022-2032F |
6.2 Benin Ammonium Nitrate Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Benin Ammonium Nitrate Market Revenues & Volume, By Agriculture, 2022-2032F |
6.2.3 Benin Ammonium Nitrate Market Revenues & Volume, By Mining, 2022-2032F |
6.2.4 Benin Ammonium Nitrate Market Revenues & Volume, By Defence, 2022-2032F |
6.2.5 Benin Ammonium Nitrate Market Revenues & Volume, By Other? , 2022-2032F |
7 Benin Ammonium Nitrate Market Import-Export Trade Statistics |
7.1 Benin Ammonium Nitrate Market Export to Major Countries |
7.2 Benin Ammonium Nitrate Market Imports from Major Countries |
8 Benin Ammonium Nitrate Market Key Performance Indicators |
8.1 Average selling price of ammonium nitrate in the market |
8.2 Number of government policies or subsidies supporting the use of fertilizers |
8.3 Growth rate of the agriculture and construction sectors in Benin |
9 Benin Ammonium Nitrate Market - Opportunity Assessment |
9.1 Benin Ammonium Nitrate Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 Benin Ammonium Nitrate Market Opportunity Assessment, By End-user, 2022 & 2032F |
10 Benin Ammonium Nitrate Market - Competitive Landscape |
10.1 Benin Ammonium Nitrate Market Revenue Share, By Companies, 2025 |
10.2 Benin Ammonium Nitrate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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