Calcium Ammonium Nitrate Price in USA
- United States: 258 USD/MT
The price of calcium ammonium nitrate in the United States for Q4 2023 reached 258 USD/MT in December.
The latest report by IMARC Group, titled "Calcium Ammonium Nitrate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of calcium ammonium nitrate prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Calcium Ammonium Nitrate Prices Analysis:
- China: 227 USD/MT
- Germany: 256 USD/MT
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The study delves into the factors affecting calcium ammonium nitrate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/calcium-ammonium-nitrate-pricing-report/requestsample
Calcium Ammonium Nitrate Price Trend- Last Quarter
Calcium ammonium nitrate (CAN) is a widely used nitrogenous fertilizer that combines calcium carbonate and ammonium nitrate. It is known for its high nitrogen content, typically around 27%, which makes it ideal for improving soil quality and promoting plant growth. CAN is often used in agriculture to provide crops with a balanced nitrogen supply, promoting root development and overall plant health. It has the ability to reduce soil acidity, making it suitable for a wide range of soil types. It also dissolves easily in water, ensuring efficient nutrient uptake by plants. Additionally, the calcium in CAN helps to enhance the strength of plant cell walls, resulting in healthier crops with better resistance to pests and diseases. There are two main types of calcium ammonium nitrate, including granulated CAN, which is used for field crops, and liquid CAN, which is more suitable for precision farming and horticultural applications.
Calcium Ammonium Nitrate Industry Analysis
The increasing demand for high-quality fertilizers due to the rising global population, which has led to higher food production needs is driving the global market. Additionally, the trend towards sustainable farming practices is encouraging the use of fertilizers that enhance soil structure and reduce environmental impact. The growing awareness of the benefits of balanced nutrient application is further driving the adoption of CAN in regions where soil acidity is a problem, as CAN helps neutralize acidic soils. Another major factor is the development of modern agricultural techniques, such as precision farming, which require fertilizers like CAN that can be easily applied and quickly absorbed by crops. Furthermore, the global shift towards reducing environmental damage caused by over-fertilization is leading to increased demand for fertilizers that offer efficient nutrient uptake, with minimal leaching into water bodies.
The rise in horticultural activities and greenhouse farming is also contributing to the market's growth, as CAN provides the necessary nutrients for vegetables, fruits, and other high-value crops. In addition, the expansion of the global biofuels market is indirectly driving the CAN market, as more farmers are cultivating crops for biofuel production, which requires high-nutrient fertilizers. The increasing focus on food security in developing nations is prompting governments to promote efficient fertilizers, including CAN ensure stable agricultural productivity. Besides, the relatively low cost of CAN compared to other nitrogen fertilizers is an attractive factor, especially for small and medium-scale farmers who are looking for cost-effective solutions to improve crop yield. The market is also supported by advancements in fertilizer production technologies, making CAN more accessible and affordable in emerging markets.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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