For the Quarter Ending September 2023
North America:
During the third quarter of 2023, the price of Calcium Nitrate experienced significant fluctuations in the North American region. The average cost per metric ton in the United States rose from USD 500 in July to USD 600 in September. Several factors contributed to this increase, including heightened demand from the thriving construction industry. The construction sector in North America is witnessing a boom, resulting in an upswing in the need for Calcium Nitrate. Additionally, the escalating cost of energy in recent months has further driven up the price of Calcium Nitrate, given its energy-intensive production process.
Asia Pacific:
In the third quarter of 2023, the price of Calcium Nitrate witnessed a notable surge in the Asia Pacific region. The average price rose from USD 450 per metric ton in July to USD 500 per metric ton in September. This uptick was driven by heightened demand from the construction sector, which has experienced substantial growth in the region. Several supply disruptions, including plant closures and transportation delays, also contributed to the price increase. Furthermore, the significant depreciation of the Chinese yuan against the US dollar added to the cost for Chinese companies importing Calcium Nitrate, thus contributing to the overall price rise.
Get Real Time Prices of Calcium Nitrate: https://www.chemanalyst.com/Pricing-data/calcium-nitrate-1555
Europe:
The European region experienced significant price fluctuations in Calcium Nitrate during the third quarter of 2023. The average price per metric ton increased from USD 415 per MT (Euro 400 per MT) in July to USD 465 per MT (Euro 450 per MT) in September. This increase was attributed to an upswing in demand from the agricultural sector, particularly as farmers prepared for the winter planting season. Calcium Nitrate, being a popular fertilizer, saw increased demand. The price surge was influenced by strong demand from both the construction and agricultural sectors, coupled with supply disruptions and the weakening of the euro. Notably, the price reached its highest point in September due to sustained strong demand across sectors, supply disruptions, and the ongoing depreciation of the euro.
Related Commodity Prices:
Para Phenylene Diamine (PPD) Prices
Contact Us:
ChemAnalyst
GmbH - S-01, 2.floor, Subbelrather Straße,
15a Cologne, 50823, Germany
Call: +49-221-6505-8833
Email: [email protected]
Website: https://www.chemanalyst.com
Calcium Nitrate Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the calcium nitrate market include Wentong Group, ADOB Chemical, URALCHEM, The Chemical Company, GFS Chemicals, Inc., Airedale Chemical, Agrium, Shanxi Jiaocheng Tianlong Chemical Industry Co., Ltd, Haifa Chemicals Ltd., Yara International ASA, and Sterling Chemicals.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Calcium Nitrate Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/calcium-nitrate-market/download-sampleMarket DynamicsRising demand for calcium nitrate from the agrochemical industry due to the rapid population growth, increasing demand for food, and limited agricultural land worldwide are primarily driving global calcium nitrate market growth.
In addition, increasing demand for effective wastewater management in order to maintain the level of drinking water and water for sanitization purposes in countries with limited water infrastructure and limited freshwater sources and strict rules related to wastewater treatment will fuel the demand for calcium nitrate.
However, the presence of suitable alternatives like potassium nitrate, ammonium nitrate, and others and the hygroscopic properties of calcium nitrate will hamper the market growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
