Report Update Nov 1, 2024

Northern America - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Northern America

In 2021, the North American ammonium nitrate market increased by 56% to $X, rising for the sixth year in a row after two years of decline. In general, consumption enjoyed significant growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Ammonium Nitrate Production in Northern America

In value terms, ammonium nitrate production expanded significantly to $X in 2021 estimated in export price. Overall, production enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by 77% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Ammonium Nitrate Exports

Exports in Northern America

Ammonium nitrate exports skyrocketed to X tons in 2021, surging by 42% on the previous year. Over the period under review, exports, however, recorded a perceptible contraction. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ammonium nitrate exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a deep reduction. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of ammonium nitrate, namely Canada, represented more than two-thirds of total export.

Canada was also the fastest-growing in terms of the ammonium nitrate exports, with a CAGR of -4.8% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) also remains the largest ammonium nitrate supplier in Northern America.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada stood at -5.2%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, increasing by 9.2% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 15%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -0.5% per year.

Ammonium Nitrate Imports

Imports in Northern America

Ammonium nitrate imports expanded sharply to X tons in 2021, picking up by 14% against 2020. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 20% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ammonium nitrate imports skyrocketed to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.0% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Canada represented the largest importing country with an import of about X tons, which reached 88% of total imports. It was distantly followed by the United States (X tons), achieving an 11% share of total imports. Greenland (X tons) followed a long way behind the leaders.

Canada experienced a relatively flat trend pattern with regard to volume of imports of ammonium nitrate. At the same time, Greenland (+73.7%) and the United States (+7.2%) displayed positive paces of growth. Moreover, Greenland emerged as the fastest-growing importer imported in Northern America, with a CAGR of +73.7% from 2012-2021. The United States (+4.6 p.p.) and Greenland (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -6.1% from 2012 to 2021, respectively.

In value terms, Canada ($X) constitutes the largest market for imported ammonium nitrate in Northern America, comprising 90% of total imports. The second position in the ranking was held by the United States ($X), with a 7.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Canada amounted to +1.9%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+2.6% per year) and Greenland (+71.3% per year).

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, surging by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Greenland ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium nitrate in Northern America?

The countries with the highest volumes of ammonium nitrate consumption in 2021 were the United States and Canada.

What are the largest producers of ammonium nitrate in Northern America?

The countries with the highest volumes of ammonium nitrate production in 2021 were the United States and Canada.

What are the leading suppliers of ammonium nitrate in Northern America?

In value terms, the United States remains the largest ammonium nitrate supplier in Northern America, comprising 70% of total exports. The second position in the ranking was occupied by Canada, with a 30% share of total exports.

What are the leading importers of ammonium nitrate in Northern America?

In value terms, the United States and Canada constituted the countries with the highest levels of imports in 2021.

What is the average export price for ammonium nitrate in Northern America?

The ammonium nitrate export price in Northern America stood at $254 per ton in 2021, increasing by 28% against the previous year.

What is the average import price for ammonium nitrate in Northern America?

The ammonium nitrate import price in Northern America stood at $248 per ton in 2021, growing by 4.4% against the previous year.

This report provides an in-depth analysis of the ammonium nitrate market in Northern America. 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 -

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. 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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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
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