HS Code:
The category 'Mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilizing substances' falls under HS Code 3102.40. These mixtures are primarily used in agriculture as fertilizers, combining the nitrogen content of ammonium nitrate with the stabilizing or pH-adjusting properties of calcium carbonate or other inorganic materials. This category is critical for enhancing soil fertility and supporting crop growth in various agricultural practices worldwide. The trade of this product is influenced by agricultural demand, regional production capacities, environmental regulations, and safety concerns related to ammonium nitrate handling.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$350 million USD
29.2% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Increasing
$120 million USD
10.0% of total trade of total trade
Decreasing
$100 million USD
8.3% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU internal trade)
Rising demand for sustainable fertilizers
Increased interest in mixtures with calcium carbonate to reduce environmental impact and improve soil health, driving market growth in eco-conscious regions.
2021-2022
Geopolitical disruptions affecting supply chains
Sanctions and conflicts, especially involving key exporters like Russia and Ukraine, have led to supply shortages and price volatility in global markets.
2022
Shift towards localized production
Countries are investing in domestic fertilizer production to reduce dependency on imports, impacting trade volumes for exporting nations.
2020-2022
The European Union introduced stricter safety and environmental regulations on the handling and trade of ammonium nitrate mixtures to prevent accidents and misuse.
June 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes from non-EU countries.
The ongoing conflict has severely impacted fertilizer exports from both Russia and Ukraine, leading to global supply chain challenges and price spikes.
February 2022 - Present
Significant price increases and supply shortages in import-dependent regions like Africa and parts of Asia.
A major fertilizer company in Norway expanded its production capacity for ammonium nitrate mixtures, aiming to meet growing European demand.
March 2023
Strengthened Norway's position as a key exporter in Europe, stabilizing regional supply amidst global disruptions.