The latest report by IMARC, titled "Ammonium Nitrate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of ammonium nitrate prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Ammonium Nitrate Prices December 2023:
- United States: $335 /MT
- China: $330 /MT
- Europe: $360 /MT
Report Offering:
- Monthly Updates - Annual Subscription
- Quarterly Updates - Annual Subscription
- Biannually Updates - Annual Subscription
The study delves into the factors affecting ammonium nitrate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ammonium-nitrate-pricing-report/requestsample
Ammonium Nitrate Price Trend- Q4 2023
The ammonium nitrate market witnessed a dynamic landscape in the fourth quarter of 2023, especially in North America, as several factors influenced its trajectory. Firstly, the market was significantly impacted by the rise in the price of essential feedstock Ammonia. Thereby, the increase in production costs directly influenced the pricing dynamics of ammonium nitrate. Secondly, robust domestic demand in the winter planting season played a crucial role in driving prices higher. This rising demand, coupled with limited availability of material within the regional market, further escalated the upward pressure on ammonium nitrate prices. Moreover, preserving challenges at critical global trade routes originating in the USA, such as the Panama Canal, added to the market recession. Delays and rerouting of shipments, particularly due to concerns about rebel attacks in alternative trade routes like the Suez Canal, further exacerbated the situation. These limitations have resulted in delayed shipments to international markets and the accumulation of inventories within the country. These combined factors created a complex interplay of supply and demand dynamics, shaping the trajectory of the ammonium nitrate market in the region.
The global ammonium nitrate market size reached US$ 17 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 23.9 Billion, at a projected CAGR of 3.90% during 2023-2032. Similarly, in the Asia Pacific region, prices declined due to surplus availability in the Chinese market, fueled by the halt in fertilizer exports by the National Development and Reform Commission. However, prices later rebounded significantly, driven by increased production costs linked to rising ammonia prices and a deficiency in imports from the European market. The redirection of merchant ships prompted by security threats further contributed to freight surges despite subdued demand from the downstream fertilizer industry. As a result, these fluctuations underscored the intricate interplay of supply chain disruptions and demand dynamics in shaping regional market trend.
Meanwhile, in Europe, the market witnessed a downward trajectory throughout the fourth quarter. The surplus availability of material, coupled with low demand from downstream users, contributed to this trend. Furthermore, trade uncertainties stemming from rebel attacks in the Red Sea prompted traders to seek alternative routes, leading to a surge in European port inventories. These multifaceted challenges emphasize the intricate balance between supply, demand, and external factors shaping ammonium nitrate price dynamics in the European market.
Browse Full Report: https://www.imarcgroup.com/ammonium-nitrate-pricing-report
Key Points Covered in the Ammonium Nitrate Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Ammonium Nitrate Prices
- Ammonium Nitrate Price Trend
- Ammonium Nitrate Demand & Supply
- Ammonium Nitrate Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Ammonium Nitrate Price Analysis
- Ammonium Nitrate Industry Drivers, Restraints, and Opportunities
- Ammonium Nitrate News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece.
- North America: United States and Canada.
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru.
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Browse More Pricing Reports by IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
