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Ammonium Sulfate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A23304
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Ammonium Sulfate Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Ammonium Sulfate | Bulk Chemical and Fertilizer | USA | 333 USD/MT |
| Ammonium Sulfate | Bulk Chemical and Fertilizer | Germany | 386 USD/MT |
In December, the price of ammonium sulfate in the USA settled at 333 USD/MT.
The price of ammonium sulfate in Germany reached 386 USD/MT by the end of December 2023.
Ammonium Sulfate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Ammonium Sulfate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ammonium sulfate 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 prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ammonium sulfate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing ammonium sulfate 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 Sulfate Market Analysis
The global ammonium sulfate market size reached US$ 2.26 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3.57 Billion, at a projected CAGR of 5.20% during 2023-2032.
- The widespread product application of ammonium sulfate as a nitrogen fertilizer in agriculture is one of the main factors propelling the market's expansion. It provides essential nutrients, promoting plant growth and enhancing soil fertility. The rising global population has increased food demand, necessitating higher agricultural productivity. With the agrochemical business forecast to develop at a projected 3.3% annual rate between 2024 and 2032, important chemicals like ammonium sulfate are expected to be in high demand. The worldwide agriculture sector's rapid growth has increased the demand for agrochemicals containing this chemical. For instance, this sector is expected to generate 220.7 billion euros in gross value added in Europe by 2022.
- This chemical is also widely used in a variety of industrial applications. It is used in the chemical industry for water treatment, where it aids in the coagulation process that removes pollutants. This chemical is also used in the leather and textile industries for tanning and dyeing procedures. The increasing textile industry is driving up the need for ammonium sulfate, which is an essential ingredient in manufacturing processes. This industry is predicted to increase at a rate of 3.8% between 2024 and 2032, reaching USD 1445.4 billion.
- Ammonium sulfate also has various environmental benefits, which is driving up its demand. It helps to reduce soil pH levels, making it ideal for alkaline soils. Furthermore, the compound's low volatility increases crop nitrogen utilization efficiency by reducing nitrogen loss to the atmosphere. When compared to alternative nitrogen sources, this feature makes it a more environmentally friendly fertilizer choice. The demand for this chemical is increasing because of the growing popularity of sustainable agriculture methods, as it improves soil health and reduces environmental impact.
- Government initiatives and subsidies are supporting the use of fertilizers in agriculture, which is significantly driving the market expansion. Various governments provide financial incentives and support programs to farmers to encourage the use of effective fertilizers. These subsidies lower the cost burden on farmers, promoting higher adoption rates. Policies aimed at enhancing agricultural productivity and ensuring food security further reinforce the market expansion, as they make ammonium sulfate more accessible and affordable for the farming community.
Ammonium Sulfate News
The report covers the latest developments, updates, and trends impacting the global ammonium sulfate 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 sulfate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ammonium sulfate price trend.
Latest developments in the ammonium sulfate industry:
- In March 2023, Enva started the construction of a new fertilizer plant based on the ammonium sulfate recovered from industrial liquid waste. Each year, 4500 tons of fertilizer pellets for use in horticulture, agriculture, and greenkeeping will be produced by it.
Product Description
Ammonium sulfate (NH₄)₂SO₄ a white, crystalline inorganic salt with high solubility in water, making it an efficient source of nitrogen and sulfur for agricultural applications. Its physical and chemical properties include molecular mass (132.14 g/mol), density (1.77 g/cm³), melting point (decomposes at 235-280°C), and pH of 1% solution (approx. 5.5).
It is produced by a reaction between sulfuric acid and ammonia. This process involves several steps, such as reaction, crystallization, separation, and drying. It is used extensively in agriculture, water treatment, food additives, pharmaceutical formulations, dyeing, and tanning processes.
This compound provides a reliable supply of nitrogen and sulfur, helps lower soil pH, and ensures quick and effective nutrient uptake by plants. Additionally, it is known for its cost-effectiveness, efficiency, versatility, and positive environmental impact.
Regional Coverage
The report provides a detailed analysis of the ammonium sulfate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends 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 sulfate price trend.
Global Ammonium Sulfate Price
The report offers a holistic view of the global ammonium sulfate pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Ammonium Sulfate Price
European ammonium sulfate 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 sulfate price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Ammonium Sulfate Price
The analysis of ammonium sulfate 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 data on ammonium sulfate prices within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Ammonium Sulfate Price
The report explores the ammonium sulfate 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 sulfate prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Ammonium Sulfate Price
The ammonium sulfate 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 analysis can be further extended to include detailed ammonium sulfate prices for a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Ammonium Sulfate Price
The analysis of ammonium sulfate 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.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Ammonium Sulfate |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Ammonium Sulfate 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, and 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 and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and 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 |
|
| 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:
- IMARC’s report presents a detailed analysis of ammonium sulfate 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 sulfate 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, ensuring they remain at the forefront of the ammonium sulfate industry.
Need more help?
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