Analysis of China’s synthetic ammonia production and capacity forecasts for 2022

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Analysis of China’s synthetic ammonia production and capacity forecasts for 2022 Author/Source: Date: 2022-11-30 Clicks: 34 Production The synthetic ammonia industry plays a very important role in agricultural production. In 2021, China produced a total of 59.092 million tons of synthetic ammonia, representing a 0.4% increase compared to the previous year. It is expected that China’s synthetic ammonia production will exceed 60 million tons in 2022, and reach 61 million tons by 2023. http://img.yf116.cn/image/img/20221130/154028564284.jpg Production capacity: During the 13th Five-Year Plan period, China’s Ministry of Industry and Information Technology required that the synthetic ammonia industry eliminate at least 10 million tons of outdated and excess production capacity; as a result, China’s synthetic ammonia production capacity has been declining year by year in recent years. By the end of 2021, the total synthetic ammonia production capacity across the country was 64.88 million tons per year, a decrease of 490,000 tons per year compared to the previous year. http://img.yf116.cn/image/img/20221130/15413564636.jpg