Ammonium Bicarbonate Price Trend and Forecast

Ammonium Bicarbonate Regional Price Overview

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

Ammonium Bicarbonate Price Trend for the First Half of 2025

During the first half of 2025, the global Ammonium Bicarbonate market experienced a mixed price trend, shaped largely by feedstock volatility, regional demand shifts, and downstream consumption patterns. In China, the leading producer and exporter, prices moved downward due to weak demand and an oversupplied ammonia market—one of its key feedstocks.
 

Ammonium Bicarbonate Price Chart

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The domestic market saw a slowdown in carbonated beverage consumption and lower agricultural activity, both of which reduced demand for Ammonium Bicarbonate, commonly used in food and fertilizer applications. Although natural gas prices were unstable earlier in the year, China managed to stabilize production costs by increasing pipeline gas imports and reducing LNG dependency, slightly easing pressure on manufacturers.

In North America, ammonia prices dropped throughout the first half, driven by subdued agricultural demand and ample supply. This supported stable to softer Ammonium Bicarbonate production costs. However, logistical inefficiencies, such as driver shortages and high diesel prices, added operational burdens, especially in Q2. Still, demand from food processing and industrial applications offered some balance, preventing a sharp fall in prices.

In Europe, prices stayed under pressure as ammonia feedstock costs declined but local production became uncompetitive due to high energy costs and environmental regulations. Imports of cheaper ammonia from outside Europe further affected production incentives, reducing domestic output and tightening regional availability. Despite this, weak seasonal demand and cautious buying activity kept the price trend largely muted.

Analyst Insight

According to Procurement Resource, Ammonium Bicarbonate prices are expected to stay soft in the coming months due to ongoing oversupply, weak downstream demand, and limited market recovery signals.
 

Ammonium Bicarbonate Price Trend for the Year 2024

In 2024, the ammonium bicarbonate market followed a fluctuating trend influenced by the broader ammonia market, which serves as a key raw material. In the first quarter, prices stayed relatively stable in Asia, particularly in India and China, as agricultural activity remained subdued. Stocks were already well filled, and demand from the fertilizer and industrial sectors was soft. Although energy prices rose, they did not push prices up significantly due to weak downstream buying.

By the second quarter, prices began to decline. Weak procurement activity continued in China and other parts of Asia, while fertilizer demand remained low, even with the arrival of the planting season. This was compounded by low international inquiries and the falling demand for downstream products like urea and amino acids. In Europe and North America, the same downward pressure was visible due to abundant supply, low energy prices early in the quarter, and weather-related disruptions that impacted agricultural schedules.

In the third quarter, the market remained volatile. The off-season in agriculture caused demand to dip further, particularly in India and China. Ammonia oversupply weighed down costs, keeping ammonium bicarbonate prices under pressure. Despite slight energy cost increases, they were not enough to support a price rebound. Meanwhile, in Europe, logistical issues and trade flow changes affected supply but couldn’t offset weak consumption.

During the fourth quarter, there were slight price recoveries in some regions like India due to limited supply and increased energy costs. However, slow industrial activity and cautious year-end buying limited any major upward movement.

Analyst Insight

According to Procurement Resource, prices of Ammonium Bicarbonate are expected to remain steady in early 2025, with possible regional fluctuations driven by energy trends and agricultural demand recovery.
 

Ammonium Bicarbonate Price Trend for the Second Half of 2023

In the second half of 2023, the price trend of Ammonium Bicarbonate showed mixed movement across different regions, mainly influenced by the fluctuations in ammonia prices, its key raw material, and varying demand patterns from downstream industries like agriculture and food processing.

During Q3’23, prices generally saw an upward movement, especially in Asia, driven by strong demand for ammonium bicarbonate and limited availability of ammonia. Disruptions in supply chains and sudden plant shutdowns affected production, leading to tight inventories. China, being a major producer and consumer, experienced noticeable price support as local consumption remained steady and exports also picked up.

In Europe, rising energy costs and reduced natural gas availability made production more expensive, while favorable demand from fertilizer and industrial sectors supported the price growth. North America faced some decline in agricultural output due to drought-like conditions, but restocking by fertilizer traders helped stabilize demand, preventing a sharp drop in ammonium bicarbonate prices.

Moving into Q4’23, the price momentum in Asia remained mostly positive, although some month-on-month fluctuations were noted. Inventory delays in regions like the Middle East affected supply, supporting price increases. However, European markets faced downward pressure as poor weather disrupted farming activity, lowering fertilizer demand. Similarly, in North America, high inventories due to export disruptions and weak buying interest caused prices to slide slightly toward the end of the year.

Analyst Insight

According to Procurement Resource, as the global planting season approaches, demand for Ammonium Bicarbonate is expected to rise, which could lead to a renewed upward price trend in early 2024.
 

Ammonium Bicarbonate Price Trend for the First Half of 2023

Asia

The production process of ammonium bicarbonate is dependent on ammonia and carbon dioxide, and thus, they dictate its price trend. The Asia-Pacific region witnessed poor trading activities and a fall in demand from the fertilizers sector in the first quarter of 2023. The second quarter also followed the same trend as with weak support from the feedstock industries and a fall in market momentum, the price trend of ammonium bicarbonate found it difficult to grow. Further, the persistent decline in the demand from urea and nitrogen industries widened the supply-demand gap in Asian countries.

Europe

The downfall in the cost of natural gas and the fall in procurement rates from the nitrogen derivatives sector kept the prices of ammonium bicarbonate in the negative zone. Further, the demand fell not only in the domestic sector but also from the overseas industries, which proved to be a major setback for the prices of ammonium bicarbonate. In addition to this, Russian supplies were further hampered by the blast in the pipeline system that eventually degraded the overall market sentiments of ammonium bicarbonate.

North America

The decreasing interest of consumers in the ammonium bicarbonate industries was well evident in the demand rates, which indicated the southward trajectory being followed by the ammonium bicarbonate prices. The region also faced struggles in maintaining its market momentum due to the excess of supply and constantly rising Federal Reserve rates. In addition to this, the volatility in the upstream crude oil and natural gas prices affected the functioning of the ammonium bicarbonate market adversely.

Analyst Insight

According to Procurement Resource, the price trend of Ammonium bicarbonate is estimated to follow a declining trend as the demand from the end-user industries is struggling due to the weak movement of the global economy.

Procurement Resource provides latest prices of Ammonium Bicarbonate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.