Global ammonium nitrate market value 2018 & 2025

Published by Statista Research Department, Mar 24, 2023
Ammonium nitrate is a solid chemical compound, consisting of ammonium and nitrate ions. It is predominantly used as an agricultural fertilizer and as a component of explosives used for mining, construction, and quarrying. The global market value is forecasted to increase to 23.2 billion U.S. dollars in 2025.

Market value of ammonium nitrate worldwide in 2018 and 2025 (in billion U.S. dollars)

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Release date

February 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

* Forecast.

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