U.S. - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in the United States - 2023
Contents:
- Ammonium Nitrate Price in the United States (FOB) - 2023
- Ammonium Nitrate Price in the United States (CIF) - 2023
- Ammonium Nitrate Exports in the United States
- Ammonium Nitrate Imports in the United States
Ammonium Nitrate Price in the United States (FOB) - 2023
The average ammonium nitrate export price stood at $344 per ton in August 2023, with an increase of 4.4% against the previous month. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 43% month-to-month. The export price peaked at $574 per ton in October 2022; however, from November 2022 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Mexico ($378 per ton), while the average price for exports to Canada amounted to $329 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (0.0%), while the prices for the other major destinations experienced a decline.
Ammonium Nitrate Price in the United States (CIF) - 2023
In August 2023, the average ammonium nitrate import price amounted to $310 per ton, remaining stable against the previous month. Over the period under review, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in October 2022 an increase of 38% m-o-m. As a result, import price attained the peak level of $470 per ton. From November 2022 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From August 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to -0.1% per month.
Ammonium Nitrate Exports in the United States
In 2022, the amount of ammonium nitrate exported from the United States skyrocketed to 484K tons, with an increase of 19% compared with 2021. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ammonium nitrate exports soared to $226M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ammonium Nitrate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 77.3 | 73.4 | 89.7 | 119 | 15.5% |
| Mexico | 33.4 | 37.5 | 38.1 | 62.4 | 23.2% |
| Lithuania | N/A | N/A | N/A | 33.9 | 0% |
| Estonia | N/A | N/A | N/A | 7.6 | 0% |
| Others | 2.4 | 0.9 | 2.4 | 3.3 | 11.2% |
| Total | 113 | 112 | 130 | 226 | 26.0% |
Top Export Markets for Ammonium Nitrate from the United States in 2022:
- Canada (266.3K tons)
- Mexico (132.1K tons)
- Lithuania (65.9K tons)
- Estonia (12.5K tons)
Ammonium Nitrate Imports in the United States
Ammonium nitrate imports into the United States declined to 329K tons in 2022, with a decrease of -13.6% against 2021 figures. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year.
In value terms, ammonium nitrate imports dropped slightly to $93M in 2022. Overall, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 77% against the previous year.
| Import of Ammonium Nitrate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 68.6 | 33.9 | 54.7 | 61.7 | -3.5% |
| Russia | 34.3 | 15.4 | 34.7 | 28.4 | -6.1% |
| Others | 5.9 | 3.6 | 4.6 | 3.0 | -20.2% |
| Total | 109 | 53.0 | 94.0 | 93.1 | -5.1% |
Top Suppliers of Ammonium Nitrate to the United States in 2022:
- Canada (207.6K tons)
- Russia (117.1K tons)
This report provides an in-depth analysis of the ammonium nitrate market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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