Product
Calcium Nitrate Price Trend and Forecast
Calcium Nitrate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Calcium Nitrate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Calcium Nitrate Price Trend for the First Half of 2023
The first half of the year 2023 witnessed fluctuating price patterns for Calcium Nitrate. The prices were mostly found to be wavering at the lower end. The first quarter was somewhat stable, but the second quarter was observed struggling throughout.
Calcium Nitrate Price Chart
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The primary reason for the downfall in Calcium Nitrate prices was the lackluster demands from the agricultural sector since Calcium Nitrate is used heavily for nitrogen-based fertilizers. The adverse weather conditions involving unseasonal and uneven rainfall patterns disturbed the crop cycles severely.
With anticipated losses, many farmers didn’t sow the fields, and the farming sector saw a downfall globally. With this, the need for fertilizers was reduced. Furthermore, whatever requirements the farming sector posed could easily be catered to by existing inventories. Overall, mixed market sentiments were observed.
Analyst Insight
According to Procurement Resource, with existing high inventories, a rapid improvement is not anticipated in the Calcium Nitrate market trend.
Procurement Resource provides latest prices of Calcium Nitrate. 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.
About
Calcium Nitrate is a chemical compound with the formula Ca(NO3)2. It is a colorless, crystalline substance and a common source of both calcium and nitrogen in fertilizers. Highly soluble in water, it is widely used in agriculture to provide essential nutrients for plant growth and development, particularly as a nitrogen-rich fertilizer for various crops.
Product Details
| Report Features | Details |
| Product Name | Calcium Nitrate |
| Industrial Uses | Agriculture Industry, Concrete Industry, Wastewater Treatment Sector, Pyrotechnics, Chemical Industry |
| Chemical Formula | CaN2O6 |
| Synonyms | Calcium Dinitrate Lime saltpetre |
| Molecular Weight | 165 g/mol |
| Supplier Database | GFS Chemicals Inc., Haifa Group, Nutrien Ltd., ProChem Inc., Shanxi Jiaocheng Tianlong Chemical Industry Co. Ltd., Eastman Chemical Company (Sterling Chemicals) |
| 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.
Production Processes
- Calcium Nitrate Production by the Chemical Reaction of Limestone and Nitric Acid
When the calcium carbonate in limestone reacts with nitric acid, a displacement reaction occurs, and calcium nitrate is produced along with byproducts water and carbon dioxide.
Methodology
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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