| Product Code: ETC194751 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
In the Saudi Arabia ammonia market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 23.05%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at 71.51%. This surge in imports can be attributed to a notable demand shift towards ammonia-based products in various industries, indicating a strong import momentum driven by market demand dynamics.
Ammonia is essential for various industries, including agriculture, chemicals, and refrigeration.The Saudi Arabia market for ammonia is driven by these sectors and their demand for high-quality ammonia products.As industries continue to expand and prioritize high-quality products, the ammonia market is expected to witness steady demand.
The Saudi Arabia ammonia market is anticipated to experience growth due to the demand for this compound used in various applications, including fertilizers, chemicals synthesis, and refrigerants.Ammonia offers versatile functionalities.The nation`s emphasis on agricultural productivity and industrial chemicals, the demand for nitrogen-based fertilizers and chemicals precursors, and the incorporation of ammonia in fertilizers production, chemicals synthesis, and refrigeration will drive the demand for this compound.Additionally, the growth of diverse industries and the focus on sustainable practices will further support market growth.
The Saudi Arabia ammonia market faces challenges related to industrial applications, safety regulations, and environmental concerns.Market players must promote the safe handling and use of ammonia in various industrial processes while adhering to safety regulations.Additionally, addressing concerns about the environmental impact of ammonia emissions and ensuring proper emission control pose challenges.Moreover, competition from alternative chemicals and imported ammonia products adds complexity to the market dynamics.The need for safety measures, regulatory compliance, and research into alternative chemicals influences market growth.
The ammonia market in Saudi Arabia experienced fluctuations during the COVID-19 pandemic due to changes in demand from sectors like agriculture and chemicals.Ammonia is used as a fertilizer and in chemical processes.Post-pandemic, the market aimed to stabilize as agricultural activities and chemical production recovered.The pandemic highlighted the significance of ammonia in enhancing crop yields and facilitating diverse chemical reactions.
In the Saudi Arabia ammonia market, companies like Saudi Basic Industries Corporation (SABIC) and Ma`aden (Saudi Arabia Mining Company) are key players.They produce ammonia, an essential chemical used in fertilizers, refrigeration, and various industrial applications.
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 Saudi Arabia Ammonia Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Ammonia Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Ammonia Market - Industry Life Cycle |
3.4 Saudi Arabia Ammonia Market - Porter's Five Forces |
3.5 Saudi Arabia Ammonia Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Ammonia Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Saudi Arabia Ammonia Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fertilizers in Saudi Arabia and the region |
4.2.2 Expansion of the chemical industry in Saudi Arabia |
4.2.3 Government initiatives to promote agricultural development |
4.3 Market Restraints |
4.3.1 Fluctuations in global ammonia prices |
4.3.2 Environmental concerns related to ammonia production and usage |
4.3.3 Competition from alternative fertilizers and nitrogen sources |
5 Saudi Arabia Ammonia Market Trends |
6 Saudi Arabia Ammonia Market, By Types |
6.1 Saudi Arabia Ammonia Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Ammonia Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Ammonia Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.4 Saudi Arabia Ammonia Market Revenues & Volume, By Gas, 2021-2031F |
6.2 Saudi Arabia Ammonia Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Ammonia Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.3 Saudi Arabia Ammonia Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.4 Saudi Arabia Ammonia Market Revenues & Volume, By Mining, 2021-2031F |
6.2.5 Saudi Arabia Ammonia Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Saudi Arabia Ammonia Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.7 Saudi Arabia Ammonia Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Ammonia Market Import-Export Trade Statistics |
7.1 Saudi Arabia Ammonia Market Export to Major Countries |
7.2 Saudi Arabia Ammonia Market Imports from Major Countries |
8 Saudi Arabia Ammonia Market Key Performance Indicators |
8.1 Energy efficiency in ammonia production |
8.2 Adoption rate of advanced technology in ammonia plants |
8.3 Investment in research and development for ammonia production improvements |
9 Saudi Arabia Ammonia Market - Opportunity Assessment |
9.1 Saudi Arabia Ammonia Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Ammonia Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Saudi Arabia Ammonia Market - Competitive Landscape |
10.1 Saudi Arabia Ammonia Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Ammonia Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |