India: Market for Calcium Ammonium Nitrate (CAN) 2025

Market Size for Calcium Ammonium Nitrate (CAN) in India

In 2021, the Indian calcium ammonium nitrate (CAN) market increased by 10% to $X for the first time since 2012, thus ending a eight-year declining trend. In general, consumption, however, recorded a dramatic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Calcium Ammonium Nitrate (CAN) in India

In value terms, calcium ammonium nitrate (CAN) production rose markedly to $X in 2021 estimated in export price. In general, production, however, saw a precipitous setback. Calcium ammonium nitrate (CAN) production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from India

In 2021, calcium ammonium nitrate (can) exports from India shrank sharply to X tons, dropping by -42.1% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 309% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, calcium ammonium nitrate (CAN) exports shrank significantly to $X in 2021. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 249% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons) and Kenya (X tons) were the main destinations of calcium ammonium nitrate (CAN) exports from India.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +124.3%).

In value terms, the largest markets for calcium ammonium nitrate (CAN) exported from India were Indonesia ($X) and Kenya ($X).

In terms of the main countries of destination, Kenya, with a CAGR of +79.6%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average calcium ammonium nitrate (CAN) export price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2019 an increase of 49%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Indonesia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+6.2%).

Imports of Calcium Ammonium Nitrate (CAN)

Imports into India

In 2021, supplies from abroad of calcium ammonium nitrate (CAN) decreased by -20% to X tons, falling for the seventh consecutive year after three years of growth. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 182%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, calcium ammonium nitrate (CAN) imports reduced remarkably to $X in 2021. In general, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of 180% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia (X tons), Lithuania (X tons) and China (X kg) were the main suppliers of calcium ammonium nitrate (CAN) imports to India, with a combined 51% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Russia ($X), Lithuania ($X) and China ($X) were the largest calcium ammonium nitrate (CAN) suppliers to India, with a combined 83% share of total imports.

Russia, with a CAGR of +34.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average calcium ammonium nitrate (CAN) import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 3.5% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+169.4%).

Source: IndexBox Platform

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