Ammonium Carbonate Price Trend

Ammonium Carbonate Prices March 2024

The price of ammonium carbonate in Korea reached 1,280 USD/Ton in March 2024.
The price trend for ammonium carbonate in Brazil stopped at 550 USD/Ton in March 2024. 

Ammonium Carbonate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Ammonium Carbonate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ammonium carbonate 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 ammonium carbonate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ammonium carbonate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing ammonium carbonate 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.

Ammonium Carbonate Market Analysis

The global ammonium carbonate market size reached US$ 723.8 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1142.2 Million, at a projected CAGR of 5.20% during 2023-2032.

• Ammonium carbonate is being used by the food and beverage (F&B) sector as a result of changing customer preferences, urbanization, and population growth. In baking procedures, ammonium carbonate is a vital leavening ingredient. It is a component of artisan and traditional breads, crackers, and cookies. The compound helps in dough formulation by breaking it down into ammonia, carbon dioxide, and water. Additionally, the increasing demand for packaged and processed foods and rising popularity of baking at home, is facilitating the need for ammonium carbonate. For example, the food processing market in India is surging rapidly and is expected to touch INR 61,327.5 billion by 2032. This rise has impacted the demand for ammonium carbonate. Additionally, the market for ready-to-eat (RTE) meals, which is growing at a rapid pace to reach US$ 262.4 billion by 2032, and the expansion of the convenience food industry are contributing to the demand for this compound in these sectors.
• The compound is majorly used by the pharmaceutical industry as a key component in several drug compositions. It helps in the manufacturing of expectorants to assist in the removal of mucus from the respiratory system. Additionally, this chemical is a part of smelling salts, which are used to revive individuals who have fainted. Moreover, the need for drugs containing ammonium carbonate is being driven by a growing geriatric population and the rising incidence of respiratory conditions. In 2020, respiratory diseases were responsible for 6.7% of all fatalities throughout the European Union (EU). Additionally, the population of the EU was projected to be 448.8 million in 2023, with 21.3% of that group being 65 years of age or older. This information emphasizes the vital role that ammonium carbonate plays in medication.
• The ammonium carbonate market is mainly motivated by the expansion of the agricultural sector to satisfy the food demands of an increasing populace. By 2050, it is anticipated that there will be 10 billion people on the earth. The widespread product utilization as a nitrogen source in fertilizers, which is known to help promote plant growth and improve crop yield. The compound is important for sustainable agricultural methods because it helps crops receive key nutrients. The demand for this compound in agriculture has also risen due to the heightened acceptance of modern agricultural practices and the improvement of soil fertility and productivity.
• There is an increasing consumer awareness about grooming and skincare, which is boosting the expansion of the ammonium carbonate market. This compound finds use in many personal care items, like hair dyes, skincare creams, and bath products. Ammonium carbonate is known to play a major role as a pH adjuster and buffering agent, which makes it a valuable ingredient in these formulations. Growth in demand for these items is surging the use of ammonium carbonate. For instance, Europe is a huge market for cosmetics and personal care products, with sales worth Є88 billion. Its market is divided into nations that contribute to its rising popularity in the personal care sector. Germany amounted to Є14.3 billion share, France Є12.9 billion, Italy Є11.5 billion, the U.K. Є10.5 billion, Spain Є9.3 billion, and Poland Є4.5 billion. This data highlights the use of ammonium carbonate in Europe to serve its personal care industry.

Ammonium Carbonate News

The report covers the latest developments, updates, and trends impacting the global ammonium carbonate 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 ammonium carbonate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ammonium carbonate price trend.

Latest developments in the ammonium carbonate industry:

• In May 2024, BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, entered into an agreement to market ammonia, methanol and melamine plants located at BASF’s Verbund site in Ludwigshafen, Germany. The agreement includes the integrated production assets for ammonia (380,000 metric tons/year), methanol (165,000 metric tons/year) and melamine (51,000 metric tons/year).

Product Description

Ammonium carbonate ((NH4)2CO3) is a white and crystalline salt that is derived from carbonic acid and ammonia. It is available in the commercial or baking ammonia type, which is used in food and industrial applications, and the laboratory-grade type, used in scientific research and experiments. Ammonium carbonate is soluble in water, producing a mildly alkaline solution. It decomposes into ammonia, carbon dioxide, and water when exposed to heat, making it useful as a leavening agent in baking. It finds applications in baking, medical applications, pharmaceutical formulations, chemical laboratories, fertilizers, laboratory experiments, fire extinguishers, livestock, and personal care products.

Ammonium carbonate offers several benefits, such as its effectiveness as a leavening agent, ability to decompose into non-toxic byproducts, easy availability, role in promoting plant growth, efficacy in cleaning, use in odor control, and utility in fire suppression. Moreover, it is lauded for its rapid decomposition at low temperatures, non-toxic nature, versatility in applications, ease of handling, long shelf life, compatibility with other substances, effectiveness in small quantities, stability under normal conditions, safety in food products, and efficiency in industrial processes.

Regional Coverage

The report provides a detailed analysis of the ammonium carbonate 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 ammonium carbonate price trend.

Global Ammonium Carbonate Price

The report offers a holistic view of the global ammonium carbonate pricing trends in the form of ammonium carbonate 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 ammonium carbonate 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 ammonium carbonate 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 Ammonium Carbonate Price

European ammonium carbonate prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

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

North America Ammonium Carbonate Price

The analysis of ammonium carbonate prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

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

Middle East and Africa Ammonium Carbonate Price

The report explores the ammonium carbonate 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 ammonium carbonate prices for countries can also be provided.

Asia Pacific Ammonium Carbonate Price

The ammonium carbonate pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

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

Latin America Ammonium Carbonate Price

The analysis of ammonium carbonate 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.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ammonium carbonate 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 ammonium carbonate 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 ammonium carbonate price charts ensure our clients remain at the forefront of the industry.