The latest report by IMARC, titled "Ammonium Chloride Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," delivers a comprehensive analysis of ammonium chloride prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Ammonium Chloride Prices December 2023:
- United States: 315 USD/MT
- China: 90 USD/MT
- Europe: 525 USD/MT
Report Offering:
- Monthly Updates - Annual Subscription
- Quarterly Updates - Annual Subscription
- Biannually Updates - Annual Subscription
The study delves into the factors affecting ammonium chloride price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ammonium-chloride-pricing-report/requestsample
Ammonium Chloride Price Trend- Q4 2023
The demand for ammonium chloride is witnessing a significant upsurge across various industries, serving as a fundamental driver for its global market expansion. This compound, known for its versatility, finds extensive applications in agriculture, pharmaceuticals, and food, among others, thus fueling its demand. In agriculture, ammonium chloride is a key ingredient in fertilizers, providing essential nitrogen for plant growth, which is a critical factor driving its market growth. The food industry also utilizes ammonium chloride as a flavoring agent in certain products, adding to its array of applications. In addition to these uses, there is a growing interest in more environmentally friendly agricultural inputs, which positions ammonium chloride as a preferable choice due to its lower impact compared to other nitrogen sources. Technological advancements in production and application methods are enhancing the efficiency and effectiveness of ammonium chloride, further bolstering market growth. The compound's application in the production of high-quality steel and in metalwork as a flux in galvanizing adds to its industrial demand, stimulating the market. Personalization and customization trend in food and pharmaceutical products are creating new opportunities for ammonium chloride's incorporation, enhancing its market appeal. Moreover, the increasing use of ammonium chloride in veterinary medicine to treat a variety of conditions in animals is expanding its market scope. The shift towards sustainable agricultural practices is leading to more strategic use of fertilizers, including ammonium chloride-based products, driving market growth.
The global ammonium chloride market size reached US$ 1.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2 Billion, at a projected CAGR of 4.20% during 2023-2032. In the final quarter of 2023, the global ammonium chloride market encountered several significant challenges that had a direct impact on its pricing dynamics, with variations observed across different geographical regions. In North America, a combination of oversupply issues, logistical bottlenecks, and changing market demands played a pivotal role in shaping the market landscape. The oversupply was largely due to delayed exports and heightened freight charges, creating an excess availability of ammonium chloride. This was compounded by the end of the peak fertilizer season in the United States, alongside diminished demand from key international markets like Brazil, exerting further downward pressure on prices. The logistical challenges, particularly the bottleneck at the Panama Canal, led to shipping delays and inventory accumulation within the country, affecting market fluidity. Moreover, geopolitical tensions and the subsequent rerouting of shipping lines to avoid the Suez Canal due to fears of rebel attacks introduced additional complexities. These disruptions not only influenced the export capability of ammonium chloride but also risked an oversupply within the domestic market, potentially leading to a price reduction. Despite these adversities, the demand within the domestic fertilizer sector remained resilient, indicating a stable but pressured market environment.
The APAC region, with a focus on China, experienced fluctuating market sentiments influenced by policy decisions and external trade disruptions. The decision by China’s National Development and Reform Commission (NDRC) to halt fertilizer exports, including ammonium chloride, led to a significant accumulation of stockpiled inventories, resulting in a notable price decline. Seasonal demand variability, particularly the reduced need from the domestic fertilizer market, further exacerbated the situation. Additionally, the geopolitical instability impacting the Red Sea trade routes due to attacks by Yemeni rebels introduced unforeseen challenges, not only disrupting trade but also leading to additional costs for shippers, which, in turn, made international buyers, especially in Europe, cautious. This caution translated into reduced bulk purchasing activity, leading to an increase in inventories and contributing to the downward trend in prices. In contrast, a temporary surge in prices was observed in November, driven by domestic stockpiling in anticipation of the winter crop season, showcasing the complex interplay of market forces and external factors that govern the pricing and supply dynamics of ammonium chloride.
Browse Full Report: https://www.imarcgroup.com/ammonium-chloride-pricing-report
Key Points Covered in the Ammonium Chloride Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Ammonium Chloride Prices
- Ammonium Chloride Price Trend
- Ammonium Chloride Demand & Supply
- Ammonium Chloride Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Ammonium Chloride Price Analysis
- Ammonium Chloride Industry Drivers, Restraints, and Opportunities
- Ammonium Chloride News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- 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
Browse More Pricing Reports By IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163