Ammonium Hydroxide Price Trend and Forecast
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.
Ammonium hydroxide belongs to the group of ammonia salts with a pungent odor and has the ability to act as a weak base. The basic nature of this compound comes from its tendency to produce hydroxide ions on dissociation. In industrial processes, it acts as a pH regulator and a significant ingredient in the production of cleaning products, chemical reagents, and water treatment processes.
Report Features | Details |
Product Name | Ammonium Hydroxide |
Chemical formula | NH4OH |
Industrial Uses | Food processing, Water treatment, Refrigeration, Cleaning and household products, Textile and leather industry |
CAS Number | 1336-21-6 |
Molecular weight | 34.04 g/mol |
HS Code | 28259050 |
Supplier Database | KMG Chemicals Inc, Tanner Industries Inc, BASF SE, Mitsubishi Gas Chemical Company, TAIWAN FERTILIZER CO LTD, Spectrum Chemical Manufacturing Corp, MGC Pure Chemicals America Inc |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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