Press release
Nitric Acid Prices 2025: Track Real-Time Prices
Nitric Acid Prices
The Nitric Acid market in China has experienced a significant decline in prices over the past year, driven by market fluctuations, demand uncertainties, and global supply chain challenges. Based on Ex-Works China pricing data, the price per ton of Nitric Acid dropped notably from 2023 to 2024.
Get the Real-Time Price Analysis: https://www.expertmarketresearch.com/price-forecast/nitric-acid-price-trends/requestsample
In October 2023, Nitric Acid was priced at USD 300 per ton, whereas in October 2024, the price fell to USD 220 per ton, reflecting a year-on-year (YoY) decline of 26.7%. The downward trend continued in November, with prices falling from USD 290 in 2023 to USD 220 in 2024, showing a 24.1% YoY decrease. The most significant drop was observed in December, where prices declined from USD 315 in 2023 to USD 215 in 2024, marking a sharp 31.7% reduction.
Despite this steep decline, market analysts at Expert Market Research project that Nitric Acid prices may stabilize in 2025. The forecast suggests that prices are expected to remain firm, primarily supported by strong demand in the fertilizer sector and ongoing geopolitical uncertainties affecting global supply chains. Fertilizer production continues to be one of the largest end-use segments for Nitric Acid, ensuring consistent demand in key agricultural regions.
The combination of geopolitical tensions, energy price volatility, and infrastructure constraints in supply networks is likely to create upward pressure on Nitric Acid prices in the coming year.
For businesses and stakeholders involved in chemical procurement and agriculture, monitoring these price shifts is crucial for effective budgeting and supply chain planning.
Stay updated with Expert Market Research for real-time insights and price predictions in the Nitric Acid market and other key industrial chemicals.
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Global Nitric Acid Trade: Key Exporters, Importers, and Suppliers
The global Nitric Acid market plays a vital role in several industrial and agricultural sectors, with a strong network of exporting and importing countries, as well as leading international suppliers.
Top Exporting Countries:
Among the leading exporters of Nitric Acid, Germany stands out as a major global hub, followed closely by the Netherlands, Belgium, and the United States. Other notable exporters include France, the Czech Republic, China, and Russia. These countries are known for their strong chemical manufacturing infrastructure, enabling them to meet both domestic and international demand.
Major Importing Countries:
On the importing side, countries such as France, Poland, and India are among the biggest buyers of Nitric Acid. These nations import large quantities to support their fertilizer, explosives, and industrial chemical sectors. Other significant importers include Turkey, Brazil, Spain, South Korea, and Thailand, highlighting the widespread global demand for this essential chemical compound.
Leading Global Suppliers:
The Nitric Acid market is supported by several globally recognized manufacturers:
• Yara International ASA (Norway) - A major player in fertilizer-grade nitric acid.
• BASF SE (Germany) - One of the world's largest chemical producers.
• Grupa Azoty SA (Poland) - A key European chemical manufacturer.
• OCI Nitrogen B.V. (Netherlands) - Known for high-quality nitrogen-based products.
• Orica Australia Pty. Ltd. (Australia) - A leader in mining and explosives chemicals.
• LSB Industries (USA) - Operates under El Dorado Chemical.
• Linde plc (Ireland/USA) - A major multinational with diverse chemical offerings.
• CF Industries Holdings Inc. (USA) - A prominent supplier in the agricultural sector.
Understanding these major players and trade routes is essential for stakeholders in procurement, manufacturing, and distribution across the Nitric Acid supply chain.
Speak to an Analyst: https://www.expertmarketresearch.com/request?type=report&flag=C&id=13512
Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices
How Claight Corporation (Expert Market Research) Database Can Help
The latest report by Expert Market Research, "Nitric Acid Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for nitric acid. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.
Drawing from in-depth research, the report analyses the primary factors influencing nitric acid prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.
Contact us:
Claight Corporation (Expert Market Research)
30 North Gould Street, Sheridan, WY 82801, USA
Email: sales@expertmarketresearch.com
Tel No: (D) +91-723-689-1189
United States:+1-415-325-5166
About Claight Corporation (Expert Market Research):
Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking. Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.
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