Ammonium Oxide Price Trend and Forecast

Ammonium Oxide Regional Price Overview

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

 

Ammonium Oxide Price Trend for First Half of 2023

Asia

The Ammonium oxide market in the Asia Pacific region portrayed a bearish outlook in 2023 as its prices declined consistently. This drop in the price trend of Ammonium oxide was mainly attributed to subdued demand from downstream industries. The decline was gradual during the first quarter but became much more intense in the second quarter. In addition to this, the fertilizer sector, which relies heavily on nitrogen-based products, struggled with the problem of oversupply, further contributing to the downward price trend of Ammonium oxide in the Asia Pacific.
 

Ammonium Oxide Price Chart

Ammonium Oxide Price Trends

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Europe

In Europe, the Ammonium oxide market and its derivative products were predominantly influenced by falling production costs as the natural gas; hence, the prices declined consistently during the first and second quarters of 2023. Further, the entire European region faced weakened market sentiment and reduced demand from downstream industries, collectively contributing to the negative price trend of Ammonium oxide.

North America

Ammonium oxide prices dipped in the first and second quarters of 2023 due to a significant decline in demand from both local and international buyers. An increase in imports also impacted the price trend, as new import sources disrupted the region's supply and demand dynamics.

Analyst Insight

According to Procurement Resource, the price trend of Ammonium oxide is estimated to struggle. The demand scenario from the downstream fertilizers sector will be the major factor determining the trajectory of ammonium oxide prices.

Procurement Resource provides latest prices of Ammonium Oxide. 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.

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About Ammonium Oxide

Ammonium Oxide is a weak basic salt of ammonia with very low melting-boiling points and ammoniacal odor. In an industrial process, it serves as a reservoir of ammonia and also helps maintain the alkalinity of the solution. In the fertilizers sector, it acts as a source of nitrogen for plants and also as a reducing agent for aluminium production.

Ammonium Oxide Product Details

Report Features Details
Product Name Ammonium oxide
Chemical formula (NH4)2O
Industrial Uses Fertilizers, Cleaning products, Explosives
CAS Number 12046-03-6
Molecular weight 52.075 g/mol
Supplier Database BASF SE, Evonik Industries AG, Arkema , Clariant AG, Nouryon, Cayman Chemical, Penta Bioscience Products, Zaclon LLC, Alfa Aesar, Merck KGaA
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


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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).

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