Ammonium nitrate market in Russia

Earlier Report Observations

From 2018 to 2020, the ammonium nitrate market in Russia expanded from 6.1 million tons to 7.4 million tons. This growth was driven by increasing domestic demand from the agricultural sector and the mining industry. Major producers such as Phosagro, Acron, and Eurochem strengthened their market positions, and production rose from 9.6 million tons to 11.1 million tons over the same period.

The market experienced volatility between 2021 and 2023. In 2021, market volume fell to 6.6 million tons as high export volumes reduced domestic availability before the introduction of export quotas in December. The following year, a temporary export ban and extended quotas redirected supply to the home market, pushing consumption to 9.4 million tons amid strong demand from farmers. In 2023, despite continued export restrictions, the market size contracted to 8.2 million tons while production remained steady at 11.7 million tons.

In 2024, the market recovered slightly to 8.4 million tons. This was supported by ongoing import substitution, government procurement programs, and investments in modernization by leading producers. Regulatory measures, including export controls and involvement from ministries, played a key role in balancing domestic supply throughout the period.

Production ammonium nitrate in Russia

In kind, 2018-2021, K t

After two consecutive years of growth, Russia's ammonium nitrate production declined in 2021. The country produced 11 013 thousand tons that year, representing a 0.8% decrease compared to 2020. Looking at the broader 2018-2021 period, production increased by 14.5% overall, with an average annual growth rate of 4.6%. Production reached its highest point in 2020 at 11 101 thousand tons, which also saw the largest annual increase of 8.8%.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports ammonium nitrate from Russia

Exports in kind, K t

Russia's ammonium nitrate exports reached 4 313 thousand tons in 2021, marking a significant 18.1% increase from the previous year. Over the 2018-2021 period, exports grew by 20.1% overall, with an average annual growth rate of 6.3%. The largest decline occurred in 2020, when exports fell by 2.6%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K t

From 2018 to 2021, Brazil, Kazakhstan, and Peru remained the top destinations for Russia's ammonium nitrate exports by volume. Brazil accounted for 43.4% of total exports, followed by Kazakhstan at 6.1% and Peru at 5.2%. Together, these three countries represented 54.7% of Russia's total export flows during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, M $ US

The export value data shows irregular fluctuations, indicating a volatile market environment. In 2021, Russia's ammonium nitrate exports totaled 1 172 million US dollars, representing a sharp 87.3% increase compared to 2020. The lowest value was recorded in 2020 at 625 million US dollars, which also saw the largest decline of 14.2%. The difference between the peak in 2021 and the trough in 2020 was 1.9 times.

Annual dynamics of product's exports from Russia in value, 2018-2021, M $ US

Throughout the 2018-2021 period, Brazil, Kazakhstan, and Peru continued to be the three largest markets for Russia's ammonium nitrate exports by value. Together, these countries accounted for 53.1% of total export flows during this timeframe.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports ammonium nitrate to Russia

Imports in kind, K t

Import volumes showed considerable volatility during the observed period. Russia imported 23 thousand tons of ammonium nitrate in 2020, which was the highest level recorded. This dropped significantly to just 1 thousand ton in 2021, representing a dramatic 73.5% decrease from the previous year. The lowest import volume occurred in 2018, creating a 22-fold difference between the peak in 2020 and the trough in 2018. The largest increase happened in 2019, when imports surged by 514.1%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K t

From 2018 to 2021, Kazakhstan dominated Russia's ammonium nitrate imports by volume, consistently accounting for 96.2% of total import flows throughout this period.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, M $ US

Import values exhibited significant volatility during the observed years. Russia's ammonium nitrate imports reached their highest point in 2020 at 3 million US dollars, then declined sharply to approximately 1 million US dollars in 2021, representing a 76.6% decrease. The lowest value was recorded in 2018, creating an 11.9-fold difference between the 2020 peak and the 2018 trough. The largest increase occurred in 2020, when import values jumped by 266.3%.

Annual dynamics of product's imports to Russia in value, 2018-2021, M $ US

Throughout the 2018-2021 period, Kazakhstan remained the primary source for Russia's ammonium nitrate imports by value, consistently representing 92.5% of total import flows during these years.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021