Green Ammonia Prices Hold Firm Amid Decarbonization Push – Q2 2025 Insights

Global regulatory changes, the decarbonization agenda, and increasing demand for green ammonia from various industrial sectors continue to reshape the green ammonia market. IMARC Group’s latest report, Green Ammonia Price Trend, Index and Forecast Data Report 2025 Edition, provides updated insights for Q2 2025 on green ammonia price trends. The report tracks the fluctuations in production costs, logistics challenges, and regional supply and demand dynamics which are impacting pricing, with detailed forecasts for key markets including North America, Asia Pacific, and Europe.

Q2 2025 Green Ammonia Prices:

• USA: USD 782/MT
• Canada: USD 858/MT
• Australia: USD 832/MT
• India: USD 707/MT
• Germany: USD 827/MT

Green ammonia prices reflect its growing importance as a sustainable, low-carbon energy source, particularly in sectors like fertilizer production, hydrogen fuel applications, and decarbonizing industries. Despite cost fluctuations due to production and logistics challenges, the growing policy support for green ammonia has helped stabilize prices, especially in regions focused on the energy transition.

Key Regional Price Trends and Market Drivers:

USA

In Q2 2025, green ammonia prices in the USA reached USD 782/MT. Prices were influenced by moderate upward pressure from higher generation costs due to seasonal capacity dips and grid congestion. Strong demand from sectors such as hydrogen-based industries, fertilizer producers, and marine fuel applications continued to support price increases, while logistical challenges and energy price fluctuations added to cost pressures.

Canada

In Q2 2025, green ammonia prices in Canada hit USD 858/MT. Prices were influenced by transportation costs, with shipping routes from western Canada to Asian markets incurring higher freight charges, leading to a cost premium. Limited export infrastructure and domestic production capacity contributed to the elevated pricing, along with a reliance on imports for raw materials.

Australia

Green ammonia prices in Australia reached USD 832/MT in Q2 2025. While demand was still in its early stages, the country faced higher production costs due to a lack of large-scale infrastructure and domestic capacity. The green ammonia sector’s growth remained dependent on international markets, particularly for decarbonization in fertilizers and shipping, while local demand continued to be nascent.

India

In Q2 2025, green ammonia prices in India stood at USD 707/MT. India’s green ammonia pricing was shaped by the relaunch of the country’s reverse auction initiative and the government’s commitment to green hydrogen and ammonia production. The introduction of substantial government incentives further improved the feasibility of green ammonia production, helping lower future production costs.

Germany

Germany’s green ammonia prices reached USD 827/MT in Q2 2025. Green ammonia prices in Germany were influenced by policy-driven momentum, including the country’s aggressive decarbonization goals. However, the high-cost differential between green ammonia and conventional grey ammonia kept demand cautious. Regulatory challenges and infrastructure limitations also contributed to a relatively firm pricing environment.

Green Ammonia Industry Overview:

The global green ammonia market reached a value of USD 445.7 Million in 2024 and is projected to grow to USD 34,261.8 Million by 2033, at a projected CAGR of 62% during 2025-2033. Governments worldwide are increasing their efforts to decarbonize industries and transition to cleaner energy systems, with green ammonia playing a vital role. It is particularly essential in decarbonizing sectors that are difficult to electrify, such as agriculture and heavy industry. Policies like carbon pricing and renewable energy subsidies are driving the demand for green ammonia globally, while advancements in renewable energy technologies are improving its cost competitiveness.

Moreover, green ammonia’s role in energy storage and maritime fuel is gaining traction, as its low-carbon nature aligns with growing sustainability targets in global markets. As costs continue to decrease and production scales up, green ammonia is expected to become increasingly accessible and economically attractive, bolstering its adoption across multiple sectors.

Recent Market Trends and Industry Analysis:

The green ammonia market is poised for rapid growth, driven by the growing global demand for low-carbon energy solutions. Policies supporting decarbonization across industries, particularly in agriculture, shipping, and power generation, are fueling green ammonia adoption. The shift towards green ammonia is also bolstered by breakthroughs in renewable energy technologies that lower production costs, making it more competitive with conventional ammonia. Furthermore, the increasing focus on environmental sustainability and carbon reduction in key sectors is accelerating green ammonia’s development.

As renewable energy sources such as wind and solar power continue to become more cost-effective, the economic viability of green ammonia is improving. Technological advancements in hydrogen production and electrolyzers are further enhancing the efficiency and scalability of green ammonia production. With increasing investments in large-scale green ammonia plants, the market is expected to benefit from a growing supply base, making green ammonia a cornerstone in global efforts to reduce carbon emissions and transition to cleaner energy systems.

Strategic Forecasting and Analysis:

IMARC’s report incorporates forecasting models that project near-term price movements based on evolving trade policies, raw material supply, and technological trends. These tools enable businesses to mitigate risk, enhance sourcing strategies, and support long-term planning.

Key Features of the Report:

• Price Charts and Historical Data
• FOB and CIF Spot Pricing
• Regional Demand-Supply Assessments
• Port-Level Price Analysis
• Sector-Specific Demand and Supply Insights