NEW YORK, Aug. 9, 2016 /PRNewswire/ -- The United States is one of the world's largest importers of nitrogen fertilizers – in 2015 it imported over 16 million tonnes of ammonia, urea and UAN. However, the shale gas revolution, and consequent sharp drop in gas price, has made the US one of the world's most attractive locations for nitrogen investments, and a surge of new capacity is due on-stream in the coming years.
As a result, import requirements are forecast to fall below 9 million tonnes by 2020, and alongside this there will be a restructuring of the supply dynamics, with much of the new capacity being located in the main agricultural region in the US mid-west.
This report provides a comprehensive review of the North American nitrogen market, covering ammonia, urea and UAN, identifying both fertilizer and industrial demand and new capacity additions by state, with detailed maps providing a visual indication of the changing pattern in net surplus / deficit by state and region between 2015 and 2020.
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