Ammonium Hydroxide Price Trend and Forecast

Regional Price trend

Get the latest insights on price movement and trend analysis of Ammonium hydroxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Ammonium Hydroxide Price Trend for the First Half of 2023

Asia

In the first quarter of 2023, depletion in the cost of raw materials contributed a significant share in the decline in the price trend of ammonium hydroxide. Further, the rise in the level of inventories at a remarkable rate and the gradual decline in the demand from the fertilizers sector also led to the depletion in the growth of ammonium hydroxide prices. The bearish trajectory of the prices continued in the second quarter, too, due to the pressure of the weak condition of the downstream sector and the broadening of the gap between supply and demand.

Ammonium Hydroxide Price Chart

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Europe

The dropping in the cost of natural gas and the frail movement of the downstream industries led to the poor trajectory of ammonium hydroxide prices. In addition to this, the agricultural sector also witnessed a significant delay in the sowing season due to unfavorable weather conditions that further affected the procurement rates of ammonium hydroxide. The additional drop in the prices was the direct consequence of the plunging economic conditions of the European countries.

North America

The domestic and overseas industries lowered their number of inquiries of ammonium hydroxide, which de-escalated the growth rate of the ammonium hydroxide price trend. Further, the price trend was adversely affected by a surge in imports and frequent disturbances in the supply and demand dynamics of the area. Additionally, the market fundamentals were also significantly impacted by the demand from the fertilizer industries in the first and second quarters of 2023.

Analyst Insight

According to Procurement Resource, the price trend of Ammonium hydroxide is expected to follow the trend adopted by the downstream fertilizers sector.

Procurement Resource provides latest prices of Ammonium Hydroxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.