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Green Ammonia Pricing, Demand and Supply Overview
2025
Base Year
2023-2025
Historical Period
2026-2027
Forecast Period
Market Overview
Green Ammonia prices in Canada, the highest-cost reporting region, rose 3.4% in Q2 2026 to USD 905.00/MT from USD 875.00/MT in Q1, continuing a steady, consistent climb that has held across every quarter tracked in this report. Globally, the average rose from USD 832.88/MT in Q1 to USD 861.10/MT in Q2, a 3.4% gain. For H2 2026, a global average of USD 830.00-940.00/MT is expected, with tight supply from a still-limited number of large-scale production facilities likely to keep this market on its established upward path as energy transition demand continues building.
Green Ammonia is produced by synthesizing hydrogen generated through electrolysis powered by renewable electricity with nitrogen separated from air, yielding a carbon-free alternative to conventional ammonia produced from natural gas. It serves as both a low-carbon fertilizer feedstock and, increasingly, as a hydrogen carrier and marine and power-generation fuel for hard-to-decarbonize sectors. Because production depends on dedicated renewable electricity generation and electrolyzer capacity, supply remains structurally limited relative to conventional ammonia, keeping this a persistently premium-priced market. Renewable electricity and electrolyzer costs, the pace of large-scale production facility additions, and demand from energy transition and low-carbon fuel initiatives are what drive prices in this market.
Green Ammonia Price Forecast for 2026
The outlook for Green Ammonia through H2 2026 stays firm, tracking the steady, structural buildout of dedicated renewable electricity and electrolyzer capacity needed to expand supply. Growing adoption of low-carbon fuels across shipping and industrial applications, combined with still-limited large-scale production capacity, should keep this market on a consistent, if gradual, upward path.
The main upside risk is a faster-than-expected acceleration in low-carbon fuel mandates or shipping decarbonization requirements, which would tighten this already supply-constrained market further. The main downside risk is a wave of new large-scale production facility completions arriving faster than currently expected, which would ease the persistent supply tightness.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 830.00 - 940.00 | Tight supply and growing demand support continued firming |
| Canada | 870.00 - 970.00 | Limited large-scale capacity sustains the highest cost |
| Germany | 855.00 - 950.00 | Steady industrial and energy transition demand supports gains |
| Australia | 850.00 - 945.00 | Growing export-oriented production capacity keeps this firm |
| India | 715.00 - 800.00 | Expanding domestic capacity keeps this the most affordable market |
For the Quarter Ending June 2026
Green Ammonia Prices Q2 2026:
- Canada: USD 905.00/MT
- Germany: USD 890.00/MT
- Australia: USD 885.00/MT
- India: USD 745.00/MT
Green Ammonia Prices in Canada
Canadian Green Ammonia prices averaged USD 905.00/MT in Q2 2026, the highest of any region tracked here, up 3.4% from USD 875.00/MT in Q1, as limited large-scale production capacity continued supporting this market.
Why did the price of Green Ammonia change in Q2 2026 in Canada?
Increasing adoption of low-carbon fuels supported consumption growth, while production remained controlled due to the still-limited number of large-scale facilities, keeping supply availability tight and contributing to steady upward pricing pressure.
Green Ammonia Prices in Germany
German prices averaged USD 890.00/MT in Q2 2026, up 3.5% from USD 860.00/MT in Q1, tracking steady industrial and energy transition demand.
Why did the price of Green Ammonia change in Q2 2026 in Germany?
Firm demand from energy transition initiatives and industrial applications kept German buyers active even as dedicated renewable electricity and electrolyzer capacity expanded only gradually.
Green Ammonia Prices in Australia
Australian prices averaged USD 885.00/MT in Q2 2026, up 3.4% from USD 856.00/MT in Q1, as growing export-oriented production capacity continued to develop alongside firm demand.
Why did the price of Green Ammonia change in Q2 2026 in Australia?
Growing export-oriented production capacity development continued alongside firm regional and international demand, supporting a steady, consistent upward path for pricing.
Green Ammonia Prices in India
Indian prices averaged USD 745.00/MT in Q2 2026, the lowest of the four regions, up 3.2% from USD 722.00/MT in Q1, as expanding domestic production capacity kept this the most affordable market tracked in this report.
Why did the price of Green Ammonia change in Q2 2026 in India?
Expanding domestic electrolyzer and renewable capacity kept India the most cost-competitive market tracked in this report, even as global demand growth kept a steady upward pressure on prices everywhere.
For the Quarter Ending March 2026
Green Ammonia Prices Q1 2026:
- Canada: USD 875.00/MT
- Germany: USD 860.00/MT
- Australia: USD 856.00/MT
- India: USD 722.00/MT
Green Ammonia Prices in Canada
Canadian prices rose 4.2% in Q1 2026 to USD 875.00/MT from USD 840.00/MT in Q4 2025, continuing the steady, consistent climb that has held since early 2025.
Why did the price of Green Ammonia change in Q1 2026 in Canada?
The market experienced a steady upward trend supported by firm demand from energy transition initiatives and industrial applications, with increasing adoption of low-carbon fuels supporting consumption growth while production remained controlled due to limited large-scale facilities.
Green Ammonia Prices in Germany
German prices rose 3.6% in Q1 2026 to USD 860.00/MT from USD 830.00/MT in Q4 2025, tracking firm industrial demand.
Why did the price of Green Ammonia change in Q1 2026 in Germany?
Steady demand from industrial decarbonization initiatives, combined with only gradual expansion of dedicated renewable electricity capacity, kept German prices climbing at a consistent pace.
Green Ammonia Prices in Australia
Australian prices rose 3.8% in Q1 2026 to USD 856.00/MT from USD 825.00/MT in Q4 2025, as export-oriented capacity continued developing.
Why did the price of Green Ammonia change in Q1 2026 in Australia?
Growing interest in export-oriented green ammonia production kept this market on a firm upward trajectory, even as large-scale facility additions remained limited relative to overall demand growth.
Green Ammonia Prices in India
Indian prices rose 3.1% in Q1 2026 to USD 722.00/MT from USD 700.00/MT in Q4 2025, tracking the broader global upward trend.
Why did the price of Green Ammonia change in Q1 2026 in India?
Buyers maintained stable procurement patterns even as domestic production capacity continued expanding, supporting a steady, moderate pace of price increases relative to other regions.
Quarterly Green Ammonia Price Trends
Global Green Ammonia prices climbed steadily and consistently through every quarter tracked in this report, supported by firm demand from energy transition initiatives and industrial decarbonization applications, alongside persistently limited large-scale production capacity that has kept this market on an unbroken upward path.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 861.10 | +3.4% | ↑ Rising |
| Q1 2026 | 832.88 | +3.7% | ↑ Rising |
| Q4 2025 | 803.00 | +3.1% | ↑ Rising |
| Q3 2025 | 779.10 | +3.1% | ↑ Rising |
| Q2 2025 | 755.50 | - | — Stable |
| Q3 2026 | In Progress | - | — In Progress |
What was Green Ammonia Price in 2025?
Green Ammonia firmed steadily and consistently across every market covered in this report through 2025, tracking growing energy transition and industrial decarbonization demand against a backdrop of persistently limited large-scale production capacity, with no single region deviating meaningfully from the broader upward pattern.
Green Ammonia Prices in Canada in 2025
Canadian prices firmed from about USD 780.00/MT in Q1 2025 to USD 840.00/MT by Q4, a gain of roughly 7.7%, tracking limited large-scale production capacity against growing demand.
Green Ammonia Prices in Germany in 2025
German prices firmed from about USD 765.00/MT in Q1 2025 to USD 830.00/MT by Q4, up roughly 8.5%, supported by steady industrial and energy transition demand.
Green Ammonia Prices in Australia in 2025
Australian prices firmed from about USD 760.00/MT in Q1 2025 to USD 825.00/MT by Q4, a gain of roughly 8.6%, the strongest annual increase of the four regions as export-oriented capacity development continued.
Green Ammonia Prices in India in 2025
Indian prices firmed from about USD 640.00/MT in Q1 2025 to USD 700.00/MT by Q4, up roughly 9.4%, tracking expanding domestic capacity alongside strong underlying demand growth.
How We Can Help
Expert Market Research: Your Source for Real-Time Green Ammonia Price Intelligence
Expert Market Research tracks Green Ammonia prices continuously across every major producing and consuming region, combining renewable electricity and electrolyzer cost data, production facility development trends, and energy transition and low-carbon fuel demand signals into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the structural supply trends covered in this report, and build a defensible view of where this emerging low-carbon fuel and fertilizer feedstock is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Key Questions Answered in the Report
It serves as both a low-carbon fertilizer feedstock and, increasingly, as a hydrogen carrier and marine and power-generation fuel for hard-to-decarbonize sectors.
The Q2 2026 global average was USD 861.10/MT, ranging from USD 745.00/MT in India to USD 905.00/MT in Canada.
The global average rose from USD 803.00/MT in Q4 2025 to USD 832.88/MT in Q1 2026 and then to USD 861.10/MT in Q2, continuing an unbroken upward trend that has held since early 2025.
Production depends on dedicated renewable electricity generation and electrolyzer capacity, which remains structurally limited relative to conventional natural gas-based ammonia production, keeping supply tight and prices persistently elevated.
The global average is expected in the USD 830.00-940.00/MT range, with tight supply and growing demand likely to support continued firming.
India holds the lowest cost given expanding domestic renewable and electrolyzer capacity, while Canada carries the highest cost among the regions tracked here given limited large-scale production facilities.
This report is updated monthly. For real-time pricing intelligence, connect with the Expert Market Research team.
Renewable electricity and electrolyzer costs, the pace of large-scale production facility additions, and demand from energy transition and low-carbon fuel initiatives.
Canada, Australia, and Germany are developing substantial export-oriented and domestic production capacity, with India also expanding capacity to serve its large fertilizer and industrial markets.
Buyers can monitor renewable electricity cost trends and production facility development timelines given their outsized influence on this market, time forward purchases around the quarterly breakdowns in this report, and benchmark supplier quotes against the tracked price ranges.
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