In 2023, China leads global ammonia production with a significant share of 25.5 thousand metric tons, albeit showing a slight decline of 0.38% year-on-year. Russia, the United States, and India follow, with respective shares of 11.22, 10.02, and 8.6 thousand metric tons, all exhibiting positive growth rates. Notably, Egypt marked the highest increase at 3.21%, whereas Venezuela faced a dramatic drop of 56.44%. Moderate growth was observed in many countries like Canada, Indonesia, and Saudi Arabia, while European countries like France and Germany showed declines. Belarus, the UK, and Ukraine also registered negative growth rates. The last five years have seen a varied compound annual growth rate (CAGR) across these countries.
For future trends, expect a gradual shift in production dynamics influenced by geopolitical factors and advancements in production technology. Countries investing in sustainable ammonia production methods, such as green ammonia, could gain a competitive edge. Monitoring these developments will be crucial for understanding future market movements.
Top countries in Ammonia Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 25.5 | 2023 | -0.76% | -0.38% | View data |
| 2 | 2 Russia | 11.22 | 2023 | +2.05% | +1.94% | View data |
| 3 | 3 United States | 10.02 | 2023 | +2.21% | +2.21% | View data |
| 4 | 4 India | 8.6 | 2023 | +0.86% | +1.06% | View data |
| 5 | 5 Indonesia | 3.52 | 2023 | +0.55% | +0.52% | View data |
| 6 | 6 Egypt | 3.29 | 2023 | +3.34% | +3.21% | View data |
| 7 | 7 Saudi Arabia | 3.1 | 2023 | +2.31% | +1.04% | View data |
| 8 | 8 Trinidad and Tobago | 3.02 | 2023 | +0.37% | +1.98% | View data |
| 9 | 9 Iran | 2.78 | 2023 | +2.91% | +1.81% | View data |
| 10 | 10 Canada | 2.69 | 2023 | +0.084% | +0.45% | View data |
