Egypt Ammonium Market Outlook (2018 to 2032)

Year Value
2018 0.37
2019 0.39
2020 0.4
2021 0.42
2022 0.44
2023 0.47
2024 0.44
2025 0.42
2026 0.4
2027 0.38
2028 0.36
2029 0.34
2030 0.32
2031 0.31
2032 0.29
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Egypt Ammonium Market Outlook (2018 to 2032)

Synopsis
The above chart is Egypt Ammonium Market Outlook (2018 to 2032)

Market Dynamics

the egyptian ammonium market is expected to experience moderate growth during the forecast period 2018-2032. the country’s fertilizer industry is driven by the annual expansion in the agricultural sector and meeting the rising demands for agricultural produce. the increasing demand for agricultural produces from egypt’s growing population is forcing the local producers to make use of fertilizers for higher yields. ammonium is essential for improving crop yield as it is one of the primary components of npk fertilizers. this has created increased demand for the ammonium salts in the country, which has been met by both domestic manufacturers and imports. the government of egypt has also identified ammonium phosphate (map & dap) as a priority product for promotion under the newly launched initiative of ‘egypt’s fertilizer strategy’ that is aimed at encouraging foreign investments in the fertilizer sector. the government through the initiative is providing financial support in the form of fuel and energy subsidies, facility grants and infrastructure support. with the implementation of such initiatives, the egyptian fertilizer industry is likely to gain momentum in the coming years. despite the positive outlook for the foreseeable future, the country faces certain challenges in the market such as lack of capital for establishment of new production facilities, availability of quality raw materials and assurance of availability of ammonia feedstock (natural gas and petrochemicals) for production of ammonium nitrate (an) and ammonium sulfate (as). to overcome these challenges, the government of egypt has taken numerous measures such as supporting the production of natural gas and taking steps to ensure the availability of quality raw materials such as phosphate, npk and dap/map. in conclusion, the outlook for the egyptian ammonium market from 2018 to 2032 appears to be positive due to ample growth opportunities and the potential provided by the country’s growing population and the initiatives undertaken by the government to support the fertilizer industry.

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