Track real-time and historical ammonium nitrate prices across global regions. Updated monthly with market insights, drivers, and forecasts.
| Region | Price (USD/KG) | Latest Movement |
|---|---|---|
| Africa | 0.52 | -5.5% ↓ Down |
| Northeast Asia | 0.55 | Unchanged |
| Europe | 0.43 | -6.5% ↓ Down |
| South America | 0.21 | -16.0% ↓ Down |
| North America | 0.45 | 9.8% ↑ Up |
The chart below highlights monthly ammonium nitrate prices across different regions.

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Africa: The ammonium nitrate prices in Africa reached 0.62 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 22.3%. Tighter supply conditions, driven by limited domestic production capacity and reduced import availability, severely constrained regional quantities and were the main cause of the large price escalation. In the face of limited spot-market availability, procurement rivalry intensified amid strong demand from the mining explosives and agricultural fertilizer industries. Regional manufacturers' production costs were further increased by rising upstream ammonia and nitric acid feedstock costs. Furthermore, increased demand from the infrastructure development and quarrying sectors increased offtake pressure, and logistical difficulties in the distribution network hindered prompt replenishment.
Northeast Asia: The ammonium nitrate prices in Northeast Asia reached 0.54 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 2.8%. The moderate price appreciation was underpinned by steady demand from the mining explosives and fertilizer blending sectors, which maintained consistent procurement activity throughout the quarter. Firm upstream ammonia and nitric acid feedstock costs provided incremental pricing support for regional producers. Controlled production output from major manufacturing facilities maintained balanced supply-demand dynamics, preventing excess market availability. Additionally, moderate consumption from the industrial chemical intermediate and water treatment segments sustained consistent offtake fundamentals, while tightening supply conditions amid periodic environmental compliance-related production adjustments intensified procurement competition, maintaining moderately bullish pricing sentiment throughout the quarter.
Europe: The ammonium nitrate prices in Europe reached 0.40 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 6.1%. The significant price increase was largely driven by rising upstream ammonia feedstock prices, which increased production costs for local producers amid higher natural gas prices across the region. Regional supply was further constrained by tighter conditions driven by lower plant running rates due to poor energy economics. Farmers began making pre-season purchases ahead of the spring application period due to sustained demand in the agricultural fertilizer sector, which drove strong procurement activity. Additionally, limited import options constrained purchasers' sourcing flexibility and increased regulatory compliance expenses related to strict storage and handling requirements, further strengthening upward cost pressures and sustaining the positive pricing trend throughout the quarter.
South America: The ammonium nitrate prices in South America reached 0.27 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 17.1%. The significant price surge was driven by robust demand from the mining explosives sector, which intensified procurement activity amid expanding mineral extraction operations and accelerating infrastructure development projects across the region. Tightened supply conditions, driven by limited domestic production capacity and constrained import availability, further amplified upward pricing pressure. Rising upstream ammonia and nitric acid feedstock costs elevated production expenses for regional manufacturers, reinforcing bullish pricing dynamics.
North America: The ammonium nitrate prices in North America reached 0.40 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 3.5%. The steady demand from the mining explosives and agricultural fertilizer industries, which kept procurement volumes constant throughout the quarter, supported the modest price increase. Stable production output ensured balanced supply availability throughout the distribution network, while firm upstream ammonia and nitric acid feedstock costs supported local manufacturers' pricing. Baseline offtake fundamentals were maintained by moderate consumption from the industrial blasting and quarrying categories. Furthermore, producers' careful inventory management avoided market oversaturation, and incremental increases in logistics and transportation costs strengthened delivered pricing levels. These factors combined to create moderately optimistic, yet generally stable, market conditions throughout the quarter.
Africa: Ammonium nitrate prices in Africa declined as the ammonium nitrate price index reflected weaker procurement from the mining and agricultural sectors. Stable production levels and sufficient availability across regional markets created oversupply conditions. Limited seasonal demand in fertilizer applications further pressured prices, while export opportunities remained subdued, reinforcing a bearish outlook.
Northeast Asia: In Northeast Asia, ammonium nitrate prices remained stable this quarter. The ammonium nitrate price index showed no movement as steady demand from mining and industrial explosives was balanced by sufficient domestic production. Agricultural applications provided consistent support, while stable feedstock costs prevented major fluctuations in pricing.
Europe: Ammonium nitrate prices in Europe fell as the ammonium nitrate price index weakened due to muted fertilizer consumption during the offseason. The explosives sector also registered subdued offtake, while steady imports added to supply availability. Easing input costs further contributed to downward pricing pressure, maintaining a softer market environment.
South America: Ammonium nitrate prices in South America registered a marginal decline. The ammonium nitrate price index reflected adequate availability from both domestic output and imports, which kept supply balanced. Agricultural demand was steady but insufficient to trigger upward price movement, while limited mining procurement restrained market momentum.
North America: In North America, ammonium nitrate prices moved upward as the ammonium nitrate price index gained strength on the back of increased demand from the mining and construction explosives sectors. Seasonal agricultural procurement also supported consumption. Despite adequate supply, higher offtake volumes and steady downstream activity helped prices trend moderately higher through the quarter.
IMARC's latest publication, “Ammonium Nitrate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the ammonium nitrate market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of ammonium nitrate at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed ammonium nitrate prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting ammonium nitrate pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
The global ammonium nitrate industry size reached USD 18.3 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 25.3 Billion, at a projected CAGR of 3.56% during 2026-2034. Market growth is supported by rising demand for fertilizers in agriculture, expanding mining and quarrying activities, and the increased use of ammonium nitrate in civil construction explosives. Stable raw material availability and advancements in safe handling and distribution are also contributing to long-term market expansion.
Ammonium nitrate (NH₄NO₃) is a crystalline white solid composed of ammonia and nitric acid. Highly soluble in water, it is valued for its oxidizing properties. Industrially, ammonium nitrate is widely used in fertilizers, providing essential nitrogen for crop growth, particularly in cereal and horticultural cultivation. It is also a key component in explosives, where it is combined with fuel oil (ANFO) for mining, quarrying, and construction applications. In addition, ammonium nitrate is employed in pyrotechnics and certain specialty chemicals. Due to its reactivity and potential hazards, strict safety protocols govern its production, storage, and transportation. Its dual role as a fertilizer and explosive precursor underscores its strategic importance across agriculture and industry.
| Key Attributes | Details |
|---|---|
| Product Name | Ammonium Nitrate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Ammonium Nitrate Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, Greece* North America: United States, Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
The ammonium nitrate prices in March 2026 were 0.52 USD/Kg in Africa, 0.55 USD/Kg in Northeast Asia, 0.43 USD/Kg in Europe, 0.21 USD/Kg in South America, and 0.45 USD/Kg in North America.
The ammonium nitrate pricing data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for ammonium nitrate prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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