Market research

Aqueous ammonia market in Finland

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The aqueous ammonia market in Finland saw considerable volume swings from 2018 to 2024. It began at 60.1 thousand tons in 2018, edged up to 61.6 thousand tons the following year, and then experienced a slight contraction to 59.3 thousand tons in 2020.

A period of rapid expansion followed, with market volume jumping to 87.0 thousand tons in 2021 and reaching a peak of 130.5 thousand tons in 2022. This was succeeded by a sharp contraction, bringing volume down to 88.2 thousand tons in 2023 and further to 51.4 thousand tons in 2024, finishing the period below its starting point.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. In kind, 2018-2024, K t
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production aqueous ammonia in Finland

In value, 2017-2020, K $ US

The market showed an unstable trend throughout the period. From 2017 to 2018, the value fluctuated significantly, with a peak-to-trough amplitude of 2.1 times. In 2018, output of aqueous ammonia reached its highest value at 9 270 K $ US. However, it declined by 6.8% in 2019, the largest drop during this timeframe. In 2020, production was valued at 8 368 K $ US in Finland, marking a modest year-over-year decrease of 3.2%. The most substantial increase occurred in 2018, with a surge of 110.7%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	110.7%	(6.8%)	(3.2%)	23.9%

Source: SHEV.io

In kind, 2017-2020, t

In 2020, Finland produced 61 569 t of aqueous ammonia, showing little change compared to the previous year. The minimum production was recorded in 2018 at 59 630 t, which represented a decline of 1.6%. Output then rose by 3.3% in 2019, reaching the maximum value of 61 593 t for the period.

Annual dynamics of production in Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.6%)	3.3%	(0.0%)	0.5%

Source: SHEV.io

Exports aqueous ammonia from Finland

Exports in kind, t

The market displayed volatility over the observed period. Exports hit their lowest point in 2019 at just 1 t, marking a decline of 99.9%. In contrast, 2020 saw a peak with Finland exporting 3 831 t of aqueous ammonia, a dramatic year-over-year increase of 268,602.6%. The gap between these years was substantial, at 2 687 times.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	79.1%	(99.9%)	268 602.6%	44.9%

Source: SHEV.io

From 2017 to 2020, Sweden was the dominant destination for Finland's aqueous ammonia exports in kind, accounting for 92.9% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. The minimum export value was recorded in 2017, while the maximum occurred in 2019 at 285.5 K $ US, showing a 3-fold variation between these years. In 2018, exports saw the largest increase of 98.0%. By 2020, aqueous ammonia volumes leaving Finland amounted to 250.8 K $ US, down by 12.2% compared to the previous year.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	98.0%	52.7%	(12.2%)	38.5%

Source: SHEV.io

Between 2017 and 2020, aqueous ammonia from Finland was supplied almost exclusively to Sweden, which absorbed 91.1% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in value, 2017-2020

Source: SHEV.io

Imports aqueous ammonia to Finland

Imports in kind, t

The market showed signs of volatility over the observed period. Imports reached their trough in 2019 at 3 t, a decline of 99.9%. They peaked in 2017, with a gap of 1 006 times between these years. In 2020, Finland imported 1 606 t of aqueous ammonia, up by 58,931.1% from a year earlier.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.4%)	(99.9%)	58 931.1%	(16.3%)

Source: SHEV.io

Over the period from 2017 to 2020, Lithuania, Estonia, and Sweden were the top contributors to Finland's aqueous ammonia imports in kind. Lithuania accounted for 38.3%, Estonia for 29.7%, and Sweden for 24.7%, together making up 92.7% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Finland's volume of aqueous ammonia imports reached 910.5 K $ US, reflecting a gain of 45.2% relative to the prior year. The minimum value was recorded in 2019 at 627.0 K $ US, which saw a decline of 10.0%. Between 2017 and 2020, imports increased by 31.7%, equating to an annualized rate of 9.6%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.7%	(10.0%)	45.2%	9.6%

Source: SHEV.io

Throughout 2017 to 2020, Germany, Lithuania, and Italy were the key directions for Finland's aqueous ammonia imports in value terms. Germany accounted for 30.3%, Lithuania for 23.6%, and Italy for 13.4%, together taking 67.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in value, 2017-2020

Source: SHEV.io