The prices of green ammonia in Q4’25 remained steady, but prices underwent a small range of fluctuations in the major markets. The prices in Asia remained firm due to supply constraints from new and demonstration plants in October and November, as demand started to build up from sectors such as renewable energy storage. With more and more plants commencing production in December, the prices remained steady.
The prices in Europe remained steady throughout the period, as the demand and supply balance remained favorable in the region. The demand from sectors such as industrial and energy storage remained cautious, and this helped prices remain steady, as the demand was met in small volumes.
North America experienced a similar trend, with prices largely stable. Moderate demand from industrial users and shipping applications supported the market, while growing renewable energy projects provided a predictable supply. Buyers focused on immediate needs rather than stockpiling, keeping price swings minimal.
In conclusion, the green ammonia market in Q4’25 was characterized by a relatively optimistic but cautious environment, with supplies slowly increasing to meet the developing demand from clean energy and industrial markets.
Analyst Insight
According to Procurement Resource, the Green Ammonia market is expected to remain relatively unchanged in the near term, with increasing supplies and balanced demand from key markets.