Ukraine Ammonium Nitrate Market Size & Outlook, 2025-2033
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Ukraine ammonium nitrate market highlights
- The Ukraine ammonium nitrate market generated a revenue of USD 695.6 million in 2024 and is expected to reach USD 936.5 million by 2033.
- The Ukraine market is expected to grow at a CAGR of 3.4% from 2025 to 2033.
- In terms of segment, fertilizer was the largest revenue generating application in 2024.
- Fertilizer is the most lucrative application segment registering the fastest growth during the forecast period.
Ammonium nitrate market data book summary
| Market revenue in 2024 | USD 695.6 million |
| Market revenue in 2033 | USD 936.5 million |
| Growth rate | 3.4% (CAGR from 2025 to 2033) |
| Largest segment | Fertilizer |
| Fastest growing segment | Fertilizer |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fertilizer, Explosive |
Other key industry trends
- In terms of revenue, Ukraine accounted for 11.6% of the global ammonium nitrate market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Europe, Ukraine ammonium nitrate market is projected to lead the regional market in terms of revenue in 2033.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 706.0 million by 2033.
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Ammonium Nitrate Market Scope
Ammonium Nitrate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Group DF International | View profile | 10001+ | Kyiv, Kyyiv, Ukraine, Europe | https://www.groupdf.com/ |
| Vijay Group | View profile | 501-1000 | Thane, Maharashtra, India, Asia | http://vijaygroup.com |
| Neochim | View profile | 501-1000 | Dimitrovgrad, Khaskovo, Bulgaria, Europe | http://www.neochim.bg |
| EuroChem | View profile | 10001+ | Zug, Zug, Switzerland, Europe | http://www.eurochemgroup.com |
| Orica Limited | View profile | 10001+ | Melbourne, Victoria, Australia, Oceania | http://www.orica.com/ |
| UralChem | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.uralchem.com |
| Austin Powder | View profile | 501-1000 | Cleveland, Ohio, United States, North America | https://www.austinpowder.com |
| Incitec Pivot Ltd | View profile | 5814 | 28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, Australia, 3006 | https://www.incitecpivot.com.au |
| CF Industries Holdings Inc | View profile | 2700 | 2375 Waterview Drive, Northbrook, IL, United States, 60062 | https://www.cfindustries.com |
| Sanden Corp | View profile | 7873 | 20 Kotobuki-cho, Gunma, Isesaki, Japan, 372-8502 | https://www.sanden.co.jp |
Ukraine ammonium nitrate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammonium nitrate market will help companies and investors design strategic landscapes.
Fertilizer was the largest segment with a revenue share of 60.35% in 2024. Horizon Databook has segmented the Ukraine ammonium nitrate market based on fertilizer, explosive covering the revenue growth of each sub-segment from 2021 to 2033.
As of 2016, the agricultural industry in Ukraine contributes about 12% of the country’s GDP and covering approximately 70% of Ukraine’s agricultural land. Sunflower is one of the largest crops grown in the country owing to the abundant availability which is expected to propel the fertilizer use thereby fueling the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Ukraine ammonium nitrate market , including forecasts for subscribers. This country databook contains high-level insights into Ukraine ammonium nitrate market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Ukraine ammonium nitrate market size, by application, 2021-2033 (US$M)
Ukraine Ammonium Nitrate Market Outlook Share, 2024 & 2033 (US$M)
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