Ammonia is one of the most widely produced industrial chemicals in the world. It is the primary component used to produce all nitrogen containing fertilizers (urea, nitrates, ammonium sulphate, MAP and DAP), and is important in the manufacture of a wide range of industrial chemicals.Key facts about the ammonia fertilizer market
Ammonia Fertilizer Market and Price Analysis
Key themes affecting the ammonia fertilizer market
Higher feedstock costs in some regions have made the international cost curve steeper, lifting prices to genuinely “unprecedented” levels. While a degree of softening is expected at some point in the future, the timing, pace and magnitude of the adjustment require deep analysis to be properly assessed. All the while, more and more countries continue to develop policy agendas to support decarbonization efforts, often including “green” ammonia as a core component.
| Average annual ammonia prices and import volumes internationally | |||||
| Fob Black Sea price | Cfr Tampa Price | TTF Europe gas price, $/mmbtu | US imports, thousand tonnes | China imports, thousand tonnes | |
| 2017 | $269 | $283 | $5.7 | 3,746 kt | 719 kt |
| 2018 | $289 | $315 | $7.9 | 2,920 kt | 933 kt |
| 2019 | $235 | $250 | $4.4 | 2,459 kt | 1,054 kt |
| 2020 | $204 | $236 | $3.1 | 2,364 kt | 1,154 kt |
| 2021 | $539 | $617 | $16.2 | 4,034 kt | 850 kt |
Solutions
At IHS Markit we offer market-leading ammonia fertilizer information solutions via our globally recognised Fertecon service. Specialists in offering comprehensive data and analysis across the global fertilizer market, with current, short-term and long-term solutions to support all operational needs in your organisation.
Weekly Report
Keep abreast of the ammonia market and spot new opportunities with our weekly market report. Key benefits include reliable price discovery, news on key developments, and trade statistics and news alerts.
More about our MethodologyMonthly Futures Report
Plan for the mid-term and make smarter investment decisions with our ammonia market intelligence. Key benefits include global market overview, major company news, and trade statistics alerts.
Quarterly Market Reports
Steer your business in the right strategic direction with this in-depth quarterly report on the ammonia market, forecasting out 10 years. Key benefits include comprehensive market analysis, price, supply demand and trade forecasts, and coverage of hot topics.
Green and Blue Ammonia: Outlook for a Carbon-Free Ammonia Market
The study will provide you with a detailed review of the current state-of-play for this emerging sector, including regulation and certification requirements to underwrite the developments.
Key questions answered:
Are there good alternatives to fossil fuels to supply our energy needs?
What is the commercial viability for green and blue ammonia investments?
What is the potential for the up-scale of carbon-free ammonia as a fuel, energy storage, hydrogen provision and energy carrier?
Will the need to reduce carbon emissions affect the fertilizer sector and if so, how?
API and Data Feeds
Pricing, supply-demand and forecasts on the ammonia market delivered directly to your organisation to support centralised models and trading systems used by team members across your business.
Find out moreOne-time Data Exports
Over three decades of historical ammonia pricing, production and trade data across all core nutrients available to purchase to support your organisation with strategic analysis and economic modelling./p>
Consulting
Consulting services spanning all your needs in the fertilizer markets, from long-term forecasting beyond what is available in our subscription services to market studies for financial investments reviewing everything from market forecasts to competitor intelligence.