The Russia Ammonia market demand stood at 8.9 million tonnes in 2023 and is expected to grow at a CAGR of 3.75% during the forecast period until 2034.
Ammonia demonstrates versatility in its applications. The Haber-Bosch process, a widely employed method for its production, involves the synthesis of nitrogen and hydrogen. Beyond its primary role in fertilizer manufacturing, ammonia serves various other purposes. It acts as an efficient refrigerant crucial for food processing and preservation in the refrigeration systems. Following Russia's invasion of Ukraine in February 2022, the European Union (EU) imposed sanctions targeting oligarchs who owned fertilizer industries and Russian potash. Additionally, transit restrictions on fertilizer through EU territory were implemented.
Russia maintains its global leadership in ammonia production, several factors shape its domestic demand. Primarily, agriculture stands as the dominant driver, with ammonia playing a vital role in enhancing yields of staple crops such as wheat, maize, and sunflower. Government subsidies for agriculture also influence fertilizer usage, impacting ammonia demand. Regional disparities in agricultural practices further contribute to variations in demand across Russia's expansive territory Russian fertilizer industry estimates suggest that approximately 70% of ammonia plants in Europe was either halted or scaled back production in 2023. In 2023, Russia requested for the resumption of ammonia shipments via a pipeline stretching from Togliati in Russia to the Black Sea port of Pivdennyi, located near Odesa. Previously, Russian ammonia primarily supplied fertilizer producers in regions like Morocco, Turkey, Southeast Asia, and Africa. Beyond agriculture, ammonia finds application across various industries including refrigeration, chemical production, pharmaceutical, and textiles. The growth of these industrial sectors could potentially drive an increase in ammonia demand. Hence, Russia Ammonia market is likely to reach nearly 13 million tonnes in the year 2034.
Based on the end-user industry, the Russia Ammonia market is segmented into Agriculture & Fertilizers, Textiles & Pharmaceutical, Explosives, Refrigeration, and Others. As of 2023, the predominant market share of Ammonia is prominently used in Agriculture & Fertilizers and this industry accounted approximately 60% of the market.
Main players in the Russia Ammonia market are TogliattiAzot, EuroChem Group, Nevinnomysskiy Azot (EUROCHEM GROUP), and Acron Group. Other players in the global Ammonia market are Ma'aden Phosphate Co (MPC), Saudi Arabian Fertilizer Company (SAFCO), Qatar Fertilizer Co (QAFCO), Parsian Oil and Gas Development Group Co., Razi Petrochemicals Co., Hormoz Petrochemical Co (Petrofarhang Holding Company), and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
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Objective of the Study:
• To assess the demand-supply scenario of Russia Ammonia which covers production, demand and supply of Ammonia market in Russia.
• To analyse and forecast the market size of Russia Ammonia
• To classify and forecast Russia Ammonia market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ammonia market in Russia.
To extract data for Russia Ammonia market, primary research surveys were conducted with Ammonia manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Russia Ammonia market over the coming years.
ChemAnalyst calculated Ammonia demand across the Russia region by analysing the volume of Ammonia consumed by the end-user industries and the forecast is calculated based on the growth rate of end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing the historical sales data of respective manufacturers to determine the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ammonia manufacturers and other stakeholders
• Organizations, forums and alliances related to Ammonia distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ammonia manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Russia Ammonia market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2023
8.9 million tonnes
Market size Volume by 2034
13 million tonnes
Growth Rate
CAGR of 3.75% from 2024 to 2034
Base year
2023
Estimated Year
2024
Historical Data
2015 – 2022
Forecast period
2025 – 2034
Quantitative units
Demand in million tonnes and CAGR from 2024 to 2034
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Foreign Trade, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Agriculture & Fertilizers, Textiles & Pharmaceutical, Explosives, Refrigeration, and Others)
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
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What was the size of Russia Ammonia market in terms of volume in 2023?
Ans:
The size of Russia Ammonia market has grown significantly in the historic period and had reached approximately 8.9 million tonnes in 2023.
Q2.
Which industry is leading as the leading consumer of Ammonia?
Ans:
Agriculture & Fertilizers industry is the leading consumer of Ammonia.
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