In 2023, China dominated global ammonia production with 46 million metric tons, significantly outpacing other top producers like Russia, India, and the United States, each contributing between 10 to 13 million metric tons. Over the past year, China's production growth has remained robust, showing an increase consistent with historical trends. Russia and India have experienced moderate year-on-year growth, whereas the United States has shown a steadier production rate.
Observing the five-year period, China's ammonia production witnessed a high compound annual growth rate (CAGR), emphasizing its strategic focus on chemical production. Meanwhile, countries like Trinidad and Tobago and Saudi Arabia maintained stable contributions, crucial for their export-oriented energy sectors.
Future trends to watch:
- Continued investment and technological advancements in China, potentially expanding its lead.
- Geopolitical factors impacting Russian production.
- Increased environmental regulations pushing for cleaner and more efficient ammonia production in the U.S. and E.U.
- Potential growth opportunities in emerging markets like Indonesia and Qatar.
Top countries in Top Ammonia Producing Countries
| # | 10 Countries | Thousand Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 46,000 | 2016 | |
| 2 | 2 Russia | 12,500 | 2016 | |
| 3 | 3 India | 10,800 | 2016 | |
| 4 | 4 United States | 10,200 | 2016 | |
| 5 | 5 Indonesia | 5,000 | 2016 | |
| 6 | 6 Trinidad and Tobago | 4,910 | 2016 | |
| 7 | 7 Canada | 4,140 | 2016 | |
| 8 | 8 Saudi Arabia | 4,100 | 2016 | |
| 9 | 9 Qatar | 3,050 | 2016 | |
| 10 | 10 Iran | 2,640 | 2016 |
