Product
Ammonium Carbonate Price Trend and Forecast
Ammonium Carbonate Price Trend and Forecast
Regional Price Trend
Get the latest insights on price movement and trend analysis of Ammonium Carbonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa)
Ammonium Carbonate Price Trend for First Half of 2023
Ammonium carbonate is an unstable salt of ammonia that degrades easily to ammonia and carbon dioxide, even in the presence of slightly elevated temperatures. It is widely used in the agriculture sector as a source of ammonia in fertilizers. The production of this salt is also simple as it is obtained by an elementary reaction of ammonia and carbon dioxide, which serves as feedstock materials for its synthesis and, thus, influences its price trend heavily.
The prices of ammonia slumped globally in the first two quarters of 2023 due to poor demand and a decline in the interest of consumers in the fertilizers segment. The downstream industries thus failed to support the ammonia market, and as a result, the price trend of ammonium carbonate slumped. This low procurement from the fertilizers segment is due to high fluctuations in agricultural activities, a direct consequence of abrupt monsoon season and overall weather activities globally. The economic activities globally also struggled with the failure of two major US banks that further declined the purchasing potential of buyers.
Analyst Insight
According to procurement resources, the price trend of Ammonium Carbonate is expected to show oscillations globally as the demand from fertilizers sectors is expected to remain low amid the sliding global economic conditions.
Procurement Resource provides latest prices of Ammonium Carbonate. 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.
About
Ammonium carbonate is a crystalline white powder with a pungent smell that readily decomposes to ammonia, carbon dioxide, and water. It is a popular leavening agent employed in baking industries and thus is also known as baker’s ammonia. It has been traditionally employed in baked goods for its ability to produce carbon dioxide gas, contributing to the rise and texture of certain recipes.
Product Details
| Report Features | Details |
| Product Name | Ammonium Carbonate |
| Chemical formula | (NH4)2CO3 |
| Industrial Uses | Baking, Leather industry, PH Control, Pharmaceuticals, Textile |
| CAS Number | 506876 |
| HS Code | 2863 |
| Molecular weight | 96.09 g/mol |
| Synonyms | Baker’s ammonia |
| Supplier Database | Bayer AG, Shanghai Mingdou Agrochemical Co Ltd, Monsanto Company, Syngenta Group, SinoHarvest |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
In this reaction, carbon dioxide gas is passed over ammonia solution and the vapors are distilled to give ammonium carbonate in solid form.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.