Calcium Ammonium Nitrate Prices

Calcium Ammonium Nitrate Prices June 2024

Calcium ammonium nitrate prices in the United States for Q2 2024 reached 365 USD/MT in June. The market showed signs of stability as new manufacturing initiatives promised to expand the domestic supply. A partnership project with Yara was predicted to minimize dependency on imports from Europe, potentially stabilizing prices by enhancing local availability. Even though there was moderate reliance on imports from countries like Norway, optimism grew with a shift towards self-sufficiency and autonomy in supply chains, despite ongoing supply challenges impacting the market.

The prices in China for Q2 2024 reached 476 USD/MT in June. The market showed encouraging trends because of a steady recovery in manufacturing. Although the economic rebound from recent downturns was gradual, industrial sectors like automotive and tire production sustained demand, leading to price increases. Suppliers in China responded to this demand by enhancing commodities to support continued growth. These factors collectively contributed to a favorable price outlook as local manufacturing gained momentum amidst ongoing economic recovery efforts.

Calcium Ammonium Nitrate Prices December 2023

The price of calcium ammonium nitrate in the United States for Q4 2023 reached 258 USD/MT in December. The American market saw relatively stable prices during this period. Prices were influenced by feedstock costs, but after economic challenges in the first half of the year, industrial demand began to normalize. Despite some short-lived price dips, the market sentiment was generally positive throughout the latter half of 2023.

The price trend for calcium ammonium nitrate in China reached 227 USD/MT in December 2023. In the Asian market, the price trend of calcium ammonium nitrate exhibited significant variations during the latter half of 2023. The third quarter started with low prices due to ample inventories and weak demand from both domestic and international consumers. Despite rising energy and oil prices, the market remained subdued. However, in the fourth quarter, increased production costs and slightly improved demand led to a modest rise in prices.

In Germany, calcium ammonium nitrate prices remained low for most of the second half of 2023, reaching 256 USD/MT. This trend was mainly due to sluggish activity in the feedstock industry and lack of substantial support from the fertilizer and oil sectors. While there were occasional price increases, overall, the market saw prices hovering at the lower end.

Regional Coverage

The report provides a detailed analysis of the calcium ammonium nitrate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the calcium ammonium nitrate price trend.

Global Calcium Ammonium Nitrate Price

The report offers a holistic view of the global calcium ammonium nitrate pricing trends in the form of calcium ammonium nitrate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of calcium ammonium nitrate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed calcium ammonium nitrate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Calcium Ammonium Nitrate Price

Q2 2024:

Electricity and feedstock expenses caused prices for calcium ammonium nitrate in Europe to keep falling. European manufacturers were struggling with rising carbon expenses and strict environmental rules, resulting in higher production costs. The continued gas embargo from Russia had compounded these challenges by influencing LNG expenses, thereby heightening production costs. Lower demand because of adverse economic conditions added pressure, though the price drop was gradual because of limited supply and elevated manufacturing expenses. Additionally, European suppliers faced growing competition from more affordable imports from Latin America and Asia. These imported alternatives offered competitive pricing, challenging local producers and impacting overall market dynamics within the region.

Q4 2023:

The European market for calcium ammonium nitrate saw prices mostly at the lower end during the second half of 2023. This was primarily due to sluggishness in the feedstock industry and insufficient support from the fertilizer and oil sectors. Despite occasional price hikes, the overall trend remained low.

This analysis can be extended to include detailed calcium ammonium nitrate price information for a comprehensive list of countries.

North America Calcium Ammonium Nitrate Price

Q2 2024:

The market in North America experienced a steadier price trend. New production ventures expanded the domestic supply and reduced dependency on European imports. This change stabilized prices by improving local availability, as continuous efforts to improve supply chain independence indicated additional market strength. Although North America continued to rely heavily on imports, particularly from Norway, heightened attention on self-sufficiency and reducing dependence on European and Russian sources, fostered a more positive sentiment. Despite some persistent cost and supply challenges, there was optimism that new production initiatives would gradually ease pricing pressures.

Q4 2023:

The American market showed a more stable trend. Although prices were influenced by feedstock costs, the market saw normalization in industrial demand following economic challenges earlier in the year. This led to generally positive market sentiment, with only brief periods of price dips.

Specific calcium ammonium nitrate historical data within the United States and Canada can also be provided.

Middle East and Africa Calcium Ammonium Nitrate Price

The report explores the calcium ammonium nitrate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on calcium ammonium nitrate prices for countries can also be provided.

Asia Pacific Calcium Ammonium Nitrate Price

Q2 2024:

In the Asia Pacific region, prices of calcium ammonium nitrate showed a generally positive trend. In China, a gradual economic rebound increased demand across manufacturing sectors, especially for automotive parts, industrial components, and tires, which drove prices up. The Indian market also saw price support as feedstock costs rose, sustaining need from local manufacturers. Polybutadiene rubber prices also rose sharply throughout the region. Despite some slowdowns in the production of electric vehicles (EVs) because of subsidy delays, high utilization in automotive manufacturing, particularly for premium tires, maintained upward momentum.

Q4 2023:

In Asia, the calcium ammonium nitrate market experienced varied trends in the latter half of 2023. During the third quarter, prices remained low due to abundant inventories and weak demand from both domestic and international consumers, despite rising energy and oil prices. However, the fourth quarter saw a shift, with higher production costs and slightly increased demand leading to a modest price increase.

This calcium ammonium nitrate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Calcium Ammonium Nitrate Price

The analysis of calcium ammonium nitrate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Calcium Ammonium Nitrate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Calcium Ammonium Nitrate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of calcium ammonium nitrate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of calcium ammonium nitrate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of calcium ammonium nitrate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing calcium ammonium nitrate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Calcium Ammonium Nitrate Market Analysis

The global calcium ammonium nitrate market size reached 16.175 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 22.627 Million Tons, at a projected CAGR of 3.80% during 2023-2032.

• As the global population continues to grow, the demand for food is increasing significantly. This, in turn, necessitates enhanced agricultural productivity, leading to a higher demand for effective fertilizers like calcium ammonium nitrate.
• The agricultural sector, especially in emerging economies, is expanding. This growth is driving the adoption of calcium ammonium nitrate to boost crop yields and maintain soil health.
• Farmers prefer calcium ammonium nitrate because it helps maintain soil fertility and structure, which is crucial for achieving long-term agricultural sustainability.
• Many governments around the world are providing subsidies and support programs for farmers to use high-quality fertilizers. This support is propelling the calcium ammonium nitrate market forward.
• Technological advancements in fertilizer production are making the manufacturing of calcium ammonium nitrate more efficient and cost-effective, thereby increasing its accessibility for farmers. They have enabled precise application of calcium ammonium nitrate by reducing overuse and minimizing environmental impact while maximizing crop yield.
• Farmers are becoming increasingly aware of the importance of balanced crop nutrition. This awareness is driving the use of calcium ammonium nitrate, thanks to its balanced nutrient profile.
• To meet the growing food requirements of the population, there is a continuous demand for higher crop yields. Calcium ammonium nitrate plays a key role in achieving these yields due to its effectiveness as a nitrogen fertilizer.
• Environmental regulations are becoming stricter, pushing for the use of more environmentally friendly fertilizers. Calcium ammonium nitrate, with its lower environmental impact, is gaining traction as a result.
• Improvements in supply chain infrastructure ensure that calcium ammonium nitrate is available to farmers when they need it, supporting its widespread adoption.
• There is a shift towards sustainable agricultural practices, encouraging the use of fertilizers like calcium ammonium nitrate. These fertilizers contribute to sustainable farming by improving soil health and crop productivity.
• Unlike other nitrogen fertilizers, calcium ammonium nitrate has a neutralizing effect on soil acidity, helping to maintain a balanced pH level in the soil, which is essential for optimal nutrient availability.
• Improvements in supply chain infrastructure ensure that calcium ammonium nitrate is available to farmers when they need it, supporting its widespread adoption.
• There is a shift towards sustainable agricultural practices, encouraging the use of fertilizers like calcium ammonium nitrate. These fertilizers contribute to sustainable farming by improving soil health and crop productivity.
• Unlike other nitrogen fertilizers, calcium ammonium nitrate has a neutralizing effect on soil acidity, helping to maintain a balanced pH level in the soil, which is essential for optimal nutrient availability.

Calcium Ammonium Nitrate News

The report covers the latest developments, updates, and trends impacting the global calcium ammonium nitrate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in calcium ammonium nitrate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the calcium ammonium nitrate price trend.

Latest developments in the calcium ammonium nitrate industry:

• July 2023: Borealis AG has completed the sale of its nitrogen business to AGROFERT, a Czech-based conglomerate, for an enterprise value of EUR 810 million. The transaction, finalized on July 5, 2023, includes Borealis' fertilizer, melamine, and technical nitrogen products. AGROFERT, which operates in various sectors including chemicals and agriculture, aims to integrate Borealis’ assets in Austria, Germany, and France to enhance its production capacity and expand into new markets such as France, Benelux, Bulgaria, and Serbia. The acquisition is expected to strengthen the supply of fertilizers in Europe and support AGROFERT's commitment to sustainability and modernization in its operations.
• July 2024: Yara, a global crop nutrition leader, and ATOME PLC, a developer of green fertilizer projects, signed Heads of Terms for the long-term supply of renewable calcium ammonium nitrate (CAN) fertilizer from ATOME's 145 MW project in Villeta, Paraguay. The project, expected to be completed by 2027, will produce up to 264,000 tons per year of CAN fertilizer derived from renewable power. Yara will market and sell the fertilizer as part of its YaraBela product line.

Product Description

CAN is a commonly used inorganic fertilizer in agriculture to supply crops with necessary nutrients. It is a blend of ammonium nitrate and calcium carbonate, usually found in a granular state. CAN is appreciated for its well-rounded nutrient composition, containing nitrogen in ammonium and nitrate forms crucial for plant development.

It is created by chemically reacting nitric acid with ammonia to produce ammonium nitrate. After that, the compound is blended with finely crushed limestone (calcium carbonate) in order to produce the end result. The blend is granulated and dehydrated to create the granules widely utilized in farming.

Calcium ammonium nitrate is recognized for its excellent water solubility, which allows plants to easily access it. It is commonly found in the form of granules that are simple to manage and distribute. The fertilizer contains calcium carbonate which helps reduce soil acidification, making it less prone to causing acidity compared to other nitrogen fertilizers.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of calcium ammonium nitrate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting calcium ammonium nitrate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The calcium ammonium nitrate price charts ensure our clients remain at the forefront of the industry.