Russia's fertilizer exports, including ammonium nitrate, are subject to export quotas. For instance, during the period from December 1, 2023, to May 31, 2024, Russia set export quotas for nitrogen and compound fertilizers at 16.95 million tons, of which nitrogen fertilizers (including ammonium nitrate) accounted for 9.8 million tons. Russia is one of the world's largest exporters of ammonium nitrate, with approximately 80% of its annual production designated for export, supplying various countries and regions. According to the analyst data, Russia’s ammonium nitrate export value reached USD 930 million in 2023, and international market demand continues to grow, with cumulative exports from January to April 2024 nearing USD 300 million.
The analyst indicates that Russia's ammonium nitrate export markets span South America, Asia, and several developing agricultural countries and regions in Africa. Brazil, a major agricultural nation, is the largest destination for Russian ammonium nitrate exports, given its substantial demand for nitrogen fertilizers. Other important markets include countries like India in Asia and several African nations. This analysis from 2022 to 2024 shows that Russia's primary ammonium nitrate export destinations include Brazil, India, Peru, Mongolia, Morocco, and Mozambique. Key companies importing ammonium nitrate from Russia include EUROCHEM TRADING GMBH, EUROCHEM TRADING MIDDLE EAST DMCC, and FERTCOM L.L.C. FZ. Major exporters of ammonium nitrate from Russia include companies such as НОВОМОСКОВСКАЯ АКЦИОНЕРНАЯ КОМПАНИЯ «АЗОТ», AGROKHIMPROMPOSTAVKA, and AO NAK AZOT.
Overall, Russia is a major player in the global ammonium nitrate market, holding a significant share thanks to its resource advantages and production scale. The analyst forecasts that despite potential challenges posed by political conflicts and geopolitical tensions, the outlook for Russia’s ammonium nitrate exports remains promising as global agricultural development continues to drive demand.
Topics covered:
- The Import and Export of Ammonium Nitrate in Russia (2022-2024)
- Total Export Volume and Percentage Change of Ammonium Nitrate in Russia (2022-2024)
- Total Export Value and Percentage Change of Ammonium Nitrate in Russia (2022-2024)
- Total Export Volume and Percentage Change of Ammonium Nitrate in Russia (January-April 2024)
- Total Export Value and Percentage Change of Ammonium Nitrate in Russia (January-April 2024)
- Average Export Price of Ammonium Nitrate in Russia (2022-2024)
- Top 10 Export Destinations for Russia Ammonium Nitrate and Their Import Volume
- Top 10 Suppliers in the Export Market of Ammonium Nitrate in Russia and Their Export Volume
- Top 10 Buyers in the Export Market of Ammonium Nitrate in Russia and Their Import Volume
- How to Find International Distributors and End Users of Ammonium Nitrate in Russia
- How Foreign Enterprises Enter the Ammonium Nitrate Export Market of Russia
- Forecast for the Export of Ammonium Nitrate in Russia (2024-2033)
Table of Contents
Companies Mentioned
- Eurochem Trading GmbH
- Eurochem Trading Middle East Dmcc
- Fertcom L.L.C. Fz.
- Новомосковская Акционерная Компания «Азот»
- Agrokhimprompostavka
- Ao Nak Azot
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | October 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 950 Million |
| Forecasted Market Value ( USD | $ 1410 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | China |
| No. of Companies Mentioned | 6 |
