Investor Presentaiton
CLASSIFICATION: CO - NON-CONFIDENTIAL
1Q-22 results: Fertilizers
Urea
(contributed -88% of the segment revenue in 1Q-22)
Key segment
products analysis
1,408
1,474
1,281
1,407
1,501
1,171
1,043
828
714
773
661
227
7221
249
316
361
446
Δ
Δ
A
240
A
Δ
Δ
Δ
Δ
1Q-20 2Q-20
2Q-21
3Q-21
4Q-21
1Q-22
3Q-20 4Q-20 1Q-21
Sales volumes increased during 1Q-22 mainly linked to timing of shipments carried forward from 4Q-21. Product
prices declined during 1Q-22 versus Q4-21, mainly due to lowered demand, amid cautious approach from buyers,
during first two months of 1Q-22. However, prices of urea again started to climb from the latter part of the reporting
period, owing to higher energy prices and Russian sanctions, posing uncertainty of supply interruptions.
Ammonia
(contributed ~8% of the segment revenue in 1Q-22)
834
683
593
495
226
66
184
13
218
236
280
139
164
178
108
1Q-20
2Q-20
3Q-20
162
4Q-20
104
1Q-21
2Q-21
3Q-21
4Q-21
1Q-22
Sales of ammonia depends on the availability of excess ammonia, as most of the ammonia production is used for
Urea production.
Sales Volumes (MT '000)
Selling price ($/MT)
34
34
Note: Quarterly figures for the year 2020 have been restated to show the effects of acquisition of Qafco's
25% stake retrospectively, with effect from 01 January 2020.
Industries Qatar, IR Presentation, 1Q-22View entire presentation