World - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 20, 2024

World - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights

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Ammonium Nitrate Market

Ammonium nitrate market: discover the most recent datasets provided by an Ai-driven business intelligence platform. Information contain production, exports, consumption, trade, market prices, imports, companies, and market size. There is a breakdown by country, including the Middle East, China, the U.S., Russia, Africa, the U.K., Latin America, and EU. Market trends and forecast to 2030 are also featured in the dashboards.


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Ammonium Nitrate - World's Largest Markets

RatingCountry
1China
2Saudi Arabia
3Russia
4Indonesia
5Germany

In value terms, China led the market, alone. The second position in the ranking was occupied by Saudi Arabia. It was followed by Russia.

In China, the ammonium nitrate market remained relatively stable over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: Saudi Arabia (+6.1% per year) and Russia (-11.0% per year).

Ammonium Nitrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Spain33352120-75.5%
Canada249217238-2.2%
United States278192262-2.9%
Russia2541712723.5%
Georgia2372042767.9%
Uzbekistan2422452909.5%
Egypt357316301-8.2%
Lithuania22818732920.1%
Chile30229138012.2%
South Africa424382391-4.0%
Bulgaria22819539431.5%
Sweden3823364042.8%
Saudi Arabia1545182316764.2%
Average3022533213.1%

Prices varied noticeably by the country of origin; the country with the highest price was Saudi Arabia ($1,676 per ton), while Spain ($20 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Ukraine23424039930.6%
Romania23721439529.1%
United Kingdom26120637319.5%
India29226335410.1%
Canada2762693197.5%
France25121331211.5%
Lithuania20518430321.6%
Peru315282301-2.2%
Mexico2642572823.4%
United States2452042470.4%
Morocco255215233-4.4%
Kazakhstan209186198-2.7%
Brazil201191185-4.1%
Average2612382946.2%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Ukraine ($399 per ton), while Brazil ($185 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine, while the other global leaders experienced more modest paces of growth.

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Ammonium Nitrate - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Brazil0.20.20.313.2%
Ukraine0.020.010.2229.5%
Romania0.070.070.139.4%
Peru0.20.10.1-8.7%
United Kingdom0.080.060.116.1%

In value terms, the largest ammonium nitrate importing markets worldwide were Brazil ($318M), Ukraine ($170M) and Romania ($142M), together comprising 24% of global imports.

Among the main importing countries, Ukraine (+229.5% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Ammonium Nitrate - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Russia0.90.61.216.7%
Saudi Arabia0.40.40.41.3%
Bulgaria0.10.090.110.0%
Lithuania0.10.080.110.8%
Sweden0.080.060.125.6%

In value terms, Russia ($1.2B) remains the largest ammonium nitrate supplier worldwide, comprising 38% of global exports. The second position in the ranking was occupied by Saudi Arabia ($402M), with a 13% share of global exports. It was followed by Bulgaria, with a 4.6% share.

From 2019 to 2021, the average annual rate of growth in terms of value in Russia totaled +16.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+1.3% per year) and Bulgaria (+10.0% per year).

Ammonium Nitrate - Market Forecast

Driven by increasing demand for ammonium nitrate worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Ammonium Nitrate - Top Companies

UCONE PTY LTD, PETROCHEM (BANGLADESH) LIMITED, Nutrien Ltd, Agrium Inc, Yara International ASA, Koninklijke DSM N.V., Yunnan Yuntianhua Co.,Ltd., Parkland Fuel Corporation, CF Industries Holdings, Inc., Chongqing Jianfeng Chemical Co., Ltd., INDIAN FARMERS FERTILISER COOPERATIVE LIMITED, Yara Brasil Fertilizantes S/A, URALKALI, PAO, GRUPA AZOTY S A, DYNO NOBEL MOURA PTY LIMITED, INCITEC PIVOT LIMITED, PETROKIMIA GRESIK, PT, AL SHARIKA EL DJAZAIRIA EL OMANIA LIL ASMIDA 'A.O.A', SQM Industrial S.A., The Scotts Company LLC

Ammonium Nitrate - Product Coverage

  • HS 310230 - Fertilizers, mineral or chemical; nitrogenous, ammonium nitrate, whether or not in aqueous solution

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ammonium nitrate market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4003 - Ammonium nitrate (AN)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

EuroChem Group AG, URALCHEM, OSTCHEM Holding, Acron Group, CF Industries, Orica, Austin Powder International, Incitec Pivot Industries, Yara International, Neochim Plc, San Corporation, Enaex S.A., Abu Qir Fertilizers and Chemicals Company, Vijay Gas Industry, Sinochem, Hualong Ammonium Nitrate Co., MAXAM-Chirchiq, Sabic, Suez international Nitrate Company, Nutrien, CSBP

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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