In 2023, the production of ammonium nitrate in the US stood at 4.92 million metric tons. Forecasts indicate a decline over the coming years, with production expected to reach 3.74 million metric tons by 2028. This represents a year-on-year decrease in production volume: -5.1% from 2023 to 2024, -5.1% from 2024 to 2025, -5.2% from 2025 to 2026, and -5.7% from 2026 to 2027. The compound annual growth rate (CAGR) from 2023 to 2028 is estimated at -5.4%.
Future trends to watch include regulatory changes impacting production, technological advancements in alternative fertilizers, and shifts in agricultural practices that could influence the demand for ammonium nitrate. Monitoring these factors will be crucial for adaptation and strategic planning.
