Why did the Ammonia Price Change in July 2025? The Ammonia Spot Price in North America declined consistently throughout Q2 2025, falling from USD 435/MT in April to USD 404/MT by June, marking a quarter-over-quarter drop of approximately 7.1%.

Get comprehensive insights into the Ammonia market, with a focused analysis of the Ammonia price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea (WPU0652013A) from Dec 2014 to Jun 2025 about synthetic, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

Tracking the historical ammonia prices offers valuable insights into the economy and market trends, making it an important consideration for investors and consumers alike. This article looks back at the history of ammonia prices and the various factors that have influenced its fluctuations over the years.

Graph and download economic data for Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea (PCU325311325311A) from Dec 2014 to Jun 2025 about fertilizers, synthetic, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Learn about the factors that affect the price of ammonia, including supply and demand, production costs, and transportation costs. Discover why the increasing demand for fertilizers and fluctuations in natural gas prices are key drivers in ammonia pricing. Read on to gain insights into why pricing in the United States and Europe varies and what these regional variations mean for the future of ammonia pricing.

This dataset includes monthly prices measured in dollars per ton (except Tampa ammonia) by region.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Tampa ammonia prices are quoted CFR (i.e., includes transportation to the destination port) per metric ton.

Regional Definitions are available from Green Markets (https://fertilizerpricing.com/about/pricing-notations/).

The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.

Get the latest insights on price movement and trend analysis of Green Ammonia in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Get the latest insights on price movement and trend analysis of Anhydrous Ammonia in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

For the third year in a row, Poland recorded decline in overseas shipments of anhydrous ammonia, which decreased by -65.8% to 12K tons in 2023.

Learn about the factors that affect the price of liquid ammonia, including global supply and demand, transportation costs, and production costs. Discover the average price in the United States and how prices can vary depending on location and market conditions.

United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea was 122.27100 Index Dec 2014=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea reached a record high of 216.76100 in April of 2022 and a record low of 65.60000 in September of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea - last updated from the United States Federal Reserve on August of 2025.

The global ammonia market, valued at $82.49 billion in 2025, is poised for significant growth driven by the burgeoning fertilizer industry and increasing demand for refrigerants in various sectors. The market's expansion is fueled by rising global population, necessitating higher food production and subsequently increased fertilizer use. Furthermore, the ammonia market benefits from its crucial role in industrial applications, including polymer synthesis and other chemical processes. While the precise CAGR is unavailable, considering industry growth trends and the expanding fertilizer and industrial sectors, a conservative estimate would place the annual growth rate between 3-5% over the forecast period (2025-2033). This growth trajectory, however, is subject to potential restraints such as fluctuating energy prices (a major production cost factor), environmental regulations targeting ammonia emissions, and geopolitical instability impacting fertilizer trade. Key players like Yara, CF Industries, and Nutrien are strategically positioning themselves to capitalize on these market dynamics through capacity expansions, technological advancements aimed at improving efficiency and reducing emissions, and exploring new market opportunities. Regional analysis reveals that Asia-Pacific, particularly China and India, will be significant growth drivers due to their large agricultural sectors and growing industrial bases. North America and Europe will also contribute substantially, albeit at a potentially slower pace than Asia-Pacific. The market segmentation by application (fertilizer, refrigerant, polymer synthesis, etc.) and type (liquid and gas ammonia) further reveals the diversity of the market and its intricate dependence on various industry verticals. The competitive landscape is characterized by both established multinational corporations and regional players. Strategic alliances, mergers and acquisitions, and technological innovations will continue to shape the market's competitive dynamics. Factors like increasing demand for sustainable and efficient ammonia production methods and the growing adoption of precision farming techniques will further influence the market's trajectory in the coming years. The forecast period (2025-2033) promises continued expansion, with the potential for accelerated growth if energy costs stabilize and environmental concerns are proactively addressed through technological advancements and responsible industry practices. Careful monitoring of global food security concerns and the resulting impact on fertilizer demand will be crucial for accurate future market projections.

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Ammonia (NH3) Market Size 2025-2029

The ammonia (NH3) market size is forecast to increase by USD 13.33 billion at a CAGR of 3.1% between 2024 and 2029.

Ammonia's potential as a hydrogen carrier in energy storage systems and its application in ammonia-based hydrogen production continue to gain traction. This demand is fueled by the growing global population and the need to increase agricultural productivity to meet food security requirements. Another key trend in the market is the development of renewable ammonia, which offers a more sustainable alternative to traditional ammonia production methods. However, the market faces significant challenges, including safety and handling risks associated with ammonia's toxic and corrosive properties.
These risks necessitate stringent regulations and safety protocols, adding to production costs and potentially limiting market growth. Companies seeking to capitalize on market opportunities must prioritize innovation in safe and efficient ammonia production methods, while also addressing the growing demand for sustainable alternatives. Effective navigation of these challenges will be crucial for market success. Ammonia-based power generation through fuel cells and ammonia in bioenergy are emerging trends, with ammonia being used as a carbon-neutral fuel source.

What will be the Size of the Ammonia (NH3) Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Ammonia-based chemicals play a pivotal role in various industries, including textiles, bioplastics, and hydrogen production. Ammonia's versatility extends to textiles as a crucial component in the production of dyes and textile finishes. In the realm of bioplastics, ammonia is employed as a building block for producing biodegradable polymers. Ammonia cracking is a significant process in the production of ammonia-based fuels, which are increasingly being explored as cleaner alternatives to traditional fossil fuels. Ammonia blending is a common practice in the transportation sector, where ammonia is used as a fuel additive to reduce emissions. The Ammonia market is driven by the increasing demand from the agriculture sector, particularly for use as fertilizer.
Ammonia decomposition is a critical process in the production of nitrogen-based fertilizers, while ammonia in construction is used as a component in various building materials. Ammonia's role in desulfurization processes is essential in the refining industry, and its application in biochemicals and mining industries further broadens its reach. Ammonia electrolysis is a key process in the production of ammonia, and advancements in this technology are driving down production costs and increasing efficiency. Ammonia's role in plastics production is significant, with ammonia being used as a monomer and solvent in various polymerization processes.

How is this Ammonia (NH3) Industry segmented?

The ammonia (nh3) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Form Factor

  Liquid
  Gas


Application

  Fertilizer
  Industrial


Geography

  North America

    US
    Canada


  Europe

    Germany
    Russia


  Middle East and Africa

    Egypt


  APAC

    China
    India
    Indonesia


  South America

    Brazil


  Rest of World (ROW)

By Form Factor Insights

The liquid segment is estimated to witness significant growth during the forecast period. Ammonia, a vital industrial and agricultural commodity, is primarily available in its liquid form due to its higher energy density and easier handling characteristics. Produced through natural gas reforming or nitrogen fixation via the Haber-Bosch process, liquid ammonia is stored under moderate pressure or low temperatures to maintain its state. Its versatility is evident in its extensive applications, including ammonia power plants, cooling systems, and ammonia refrigeration. Safety protocols are stringently adhered to in the production, transportation, and utilization of ammonia due to its toxic nature. Regulations and certifications ensure compliance with environmental standards, minimizing air and water pollution.

Ammonia's role in industrial chemicals, sustainable agriculture, and renewable energy is significant. Ammonia carriers and distribution networks enable efficient transportation and supply, while new technologies and innovations continue to optimize production costs and energy efficiency. Ammonia's utilization in fertilizers, crop yield optimization, and carbon capture further expands its market reach. Market dynamics are influenced by factors such as ammonia pricing, demand,

Urea fell to 459 USD/T on July 31, 2025, down 0.22% from the previous day. Over the past month, Urea's price has risen 11.68%, and is up 48.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.

This product summarizes fertilizer consumption in the United States by plant nutrient and major fertilizer products—as well as consumption of mixed fertilizers, secondary nutrients, and micronutrients—for 1960 through the latest year for which statistics are available. The share of planted crop acreage receiving fertilizer, and fertilizer applications per receiving acre (by nutrient), are presented for major producing States for corn, cotton, soybeans, and wheat (data on nutrient consumption by crop start in 1964). Fertilizer farm prices and indices of wholesale fertilizer prices are also available.

Russia Average Export Price: CIS: Ammonia data was reported at 236.000 USD/Ton in 2017. This records an increase from the previous number of 224.000 USD/Ton for 2016. Russia Average Export Price: CIS: Ammonia data is updated yearly, averaging 190.500 USD/Ton from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 481.000 USD/Ton in 2012 and a record low of 79.300 USD/Ton in 1994. Russia Average Export Price: CIS: Ammonia data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC005: Average Export Price: Annual.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea was 122.36700 Index Dec 2014=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea reached a record high of 218.63300 in April of 2022 and a record low of 67.00000 in September of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea - last updated from the United States Federal Reserve on August of 2025.

The global ammonia market, valued at approximately $XX million in 2025, is projected to experience steady growth, driven by increasing demand from key sectors. A compound annual growth rate (CAGR) of 1.89% from 2025 to 2033 indicates a positive, albeit moderate, expansion. This growth is primarily fueled by the expanding agricultural sector's reliance on nitrogen-based fertilizers, a significant application of ammonia. The textile industry, particularly in rapidly developing economies, also contributes to the demand, alongside applications in mining, pharmaceuticals, and refrigeration. However, stringent environmental regulations concerning ammonia emissions and potential fluctuations in raw material prices pose challenges to sustained growth. Regional variations are anticipated, with Asia Pacific, encompassing major producers like China and India, likely to dominate the market share due to high fertilizer consumption and industrial activity. North America and Europe, while possessing established ammonia production capacities, are expected to experience more moderate growth, influenced by factors like mature agricultural markets and environmental concerns. The competitive landscape is characterized by a mix of large multinational corporations and regional players, leading to ongoing innovation and price competition. The market's future trajectory will depend heavily on the interplay between global food security demands, environmental regulations, technological advancements in ammonia production (e.g., green ammonia), and geopolitical factors influencing raw material availability and pricing. The segmentation within the ammonia market reveals further nuances. The liquid form of ammonia currently holds the largest market share, given its ease of transportation and storage. However, the gaseous form is experiencing growth, driven by its increasing use in specialized industrial applications. Among end-user industries, agriculture remains the dominant sector, followed by the textiles industry. While the pharmaceutical and refrigeration sectors contribute significantly, their growth rates might be comparatively slower compared to agriculture. The ongoing shift towards sustainable agricultural practices and stricter emission control policies may influence future segment growth. Competition amongst established players like BASF, Yara, and CF Industries, along with regional players, is expected to remain intense, characterized by strategic alliances, capacity expansions, and technological improvements in production efficiency. Recent developments include: March 2024: Yara collaborated with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. Under this collaboration, ACME will provide YARA with ammonia with reduced CO2 emissions. This collaboration covers the supply of 100,000 tons per annum of renewable ammonia., December 2023: CF Industries Holdings Inc. completed the acquisition of Incitec Pivot Limited’s (IPL) Waggaman ammonia production facility for USD 1.675 billion. This acquisition added 880,000 tons of ammonia production annually to the company’s existing production capability.. Key drivers for this market are: Abundant Use in the Fertilizer Industry, Increasing Usage to Produce Explosives. Potential restraints include: Abundant Use in the Fertilizer Industry, Increasing Usage to Produce Explosives. Notable trends are: The Agriculture Industry is Expected to Dominate the Market.

Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of *** U.S. dollars per metric ton in April before declining to *** U.S. dollars by December. In the lead up to the Russian invasion of Ukraine, urea fertilizer prices more than doubled from September to November 2021.