The expansion of the global nitrogenous fertilizer industry is forecast to reach 4.7% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 7.7%. Currently, urea accounts for 67.9% of the global demand while the remaining market share is divided between ammonium sulphate (9.6%), ammonium nitrate (8.6%), urea-ammonium nitrate mixes (5.2%), ammonium nitrate limestone mixes (5.0%), calcium-ammonium nitrate mix (1.4%), ammonium sulphate-nitrate mix (0.6%), sodium nitrate (0.6%) and other nitrogenous fertilizers (1.3%).
China, France, India, Turkey and the United States represent the largest nitrogenous fertilizer markets while the strongest annual growth is forecast to occur in the United States (12.8%), Morocco (11.9%), China (8.3%), Azerbaijan (8.3%) and Panama (7.6%).
