Ammonia Market Intelligence

Ammonia Market Description

The global demand for Ammonia is expected to grow at a CAGR of 5.2 percent and an increase from 186 MMT to 234 MMT by 2022. A significant increment in demand is anticipated from the fertilizer segment with the growing population in the developing region. NPK/NP fertilizer has been contributing to a section of the demand. The U.S. has remained as the biggest importer in the past decade. However, moving forward, the U.S. dependency on imports is expected to fall sharply, ending the era of massive imports from Trinidad and Tobago. This is due to the huge capacity additions expected to come onboard by 2022. The report further indicates that the demand from the non-fertilizer segment is expected to grow at a CAGR of 5 percent and the application of ammonia as a refrigerant is expected to drive the demand in this segment.

A detailed analysis of the supply-demand trend and trade dynamics of the major ammonia suppliers from North America, Europe, and APAC has been provided. A comprehensive industry analysis highlighting Porter’s Five Forces examines factors such as supplier power, buyer power, barriers to new entrants etc. An extensive ammonia price forecast for the U.S., Europe, and Asia have also been included in addition to the detailed global supplier profile analysis of manufacturers such as Yara, SABIK, Terra Nitrogen etc.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Downstream Demand Outlook
Supply–Demand Trends and Outlook
Cost Structure Analysis
Key Global Supplier List

Ammonia Market Trend, Analysis & Forecast

Category Intelligence on Ammonia covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

icon
Executive Summary

icon
Market Analysis

icon
Supply Analysis

icon
Cost & Pricing Analysis

icon
Best Practices

1. Ammonia Executive Summary

1.1 Supply Market Outlook
1.2 Demand Market Outlook
1.3 Industry Best Practices

2. Ammonia Market Analysis

2.1 Global Market Size: Ammonia
2.2 Global Market Outlook
– Demand–Supply Trends and Forecast
– Key End-use Industries
– Trade Dynamics
2.3 Regional Market Outlook (North America, EU, and Asia)
– Regional Market Snapshot
– Demand–Supply Trends and Forecast
– Trade Dynamics

Global Market Outlook on Ammonia

The global demand is expected to grow at a CAGR of 3 percent during 2016–2022: The impetus for this growth comes from demand in Asia, which is expected to grow at 3–4 percent, due to increased demand from the agricultural segment
The non-fertilizer sector accounts for 13 percent of the global ammonium-consuming segment
Increasing mining activities in the Asian and LATAM markets are expected to drive the demand in these regions

ammonia-market-size

Demand Market Outlook

The global supply is expected to improve in the next 2–3 years, due to capacity additions, mainly in the US
This will increase the availability of ammonium for the export market
A major demand is expected to come from Asian and the US markets, since most of the derivative units (fertilizer, direct application, and industrial usage) are lined up in the US and Asia. The fertilizer (3–4 percent growth) and industrial sector (3–4 percent growth) would be the key segments driving the demand. Around 10 MMT capacity additions are planned for the fertilizer production

Global Market Size: Ammonia

Demand to grow at a CAGR of 5.2 percent: The total global demand is expected to increase from 186 MMT to 234 MMT by 2022
The fertilizer segment to drive the demand: Significant demand is expected from the fertilizer segment with the growing population in the developing region. NPK/NP fertilizer contributes to a major portion of the demand
The US import dependency to reduce: The US has remained as the biggest importer in the past decade. However, moving forward, the US dependency on imports is expected to decline sharply, ending the era of massive imports from Trinidad and Tobago. This is due to the huge capacity additions expected to come online during 2017–2022

Global Capacity: Demand Analysis

Huge capacity additions in the US, Russia, and Asia: More than a dozen of standalone and integrated ammonium plants are nearing completion, and it is expected to bring additional ammonia available in the merchant market. Thereby, reducing the pressure on the ammonium prices

Global Trade Dynamics

Globally, only 12 percent of the ammonia produced is traded, and the rest is used captively to convert into nitrogen-based fertilizers
North America: Currently, the US imports almost 3.7 MMT of ammonia, however, moving forward, imports are expected to come down, due to huge capacity additions of around 5 MMT lined up for the US, based on shale gas
EU: Russia is expected to remain ammonia surplus (4.3 MMT excess), and it is expected to cater to the merchant market
Asia: The Middle East is expected to remain as the key supplier of ammonia to India

Global Exports

Excess demand in the US and established trade route between the US and Canada lead to trade ease between these regions. Canada exports around 30 percent of the ammonia produced to the US market
Capacity expansion in Russia has significantly added to the availability of ammonia in the merchant market, and it is expected to continue in the near future