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Australia - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jul 8, 2023

Australia's Mixed Fertilizer Price Bottoms at $671 per Ton

Australia Mixed Fertilizer Import Price in April 2023

In April 2023, the mixed fertilizer price stood at $671 per ton (CIF, Australia), stabilizing at the previous month. Overall, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 41% month-to-month. Over the period under review, average import prices reached the peak figure at $1,410 per ton in August 2022; however, from September 2022 to April 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was the United States ($1,348 per ton), while the price for Morocco ($637 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRY	Import Price of Mixed Fertilizer in Australia (USD per ton)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
United States	791	889	2,322	1,041	6,875	1,905	1,929	877	2,816	780	1,735	642	1,348
South Korea	784	922	N/A	N/A	N/A	N/A	1,147	647	N/A	709	N/A	N/A	1,181
Finland	1,323	1,188	1,408	1,936	N/A	810	N/A	N/A	N/A	N/A	1,041	2,716	1,029
Jordan	1,777	N/A	N/A	1,970	N/A	N/A	1,979	N/A	N/A	1,903	805	688	732
China	881	1,329	1,330	1,257	1,560	953	1,249	803	962	738	709	666	706
Saudi Arabia	947	N/A	N/A	N/A	N/A	N/A	N/A	804	777	776	721	688	645
Morocco	N/A	984	N/A	N/A	N/A	N/A	N/A	N/A	N/A	789	N/A	650	637
Average	915	987	1,395	1,068	1,410	975	1,267	826	901	760	738	677	671

Australia Mixed Fertilizer Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was mixed phosphorus and potassium (PK) fertilizers ($2,860 per ton), while the price for monoammonium phosphate (MAP) ($655 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by diammonium phosphate (+6.6%), while the prices for the other products experienced more modest paces of growth.

Australia Mixed Fertilizer Imports

In April 2023, the amount of mixed fertilizers imported into Australia plummeted to 93K tons, with a decrease of -63.6% against the previous month's figure. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in November 2022 with an increase of 1,292% month-to-month.

In value terms, mixed fertilizer imports dropped remarkably to $62M (IndexBox estimates) in April 2023. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in November 2022 with an increase of 807% m-o-m.

Australia Mixed Fertilizer Imports by Type

In April 2023, monoammonium phosphate (MAP) (89K tons) was the main type of mixed fertilizer supplied to Australia, accounting for a 96% share of total imports. Moreover, monoammonium phosphate (MAP) exceeded the figures recorded for the second-largest type, mixed nitrogen, phosphorus and potassium (NPK) fertilizers (4K tons), more than tenfold. The third position in this ranking was held by fertilizers, mineral or chemical; containing nitrates and phosphates (143 tons), with a 0.2% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of monoammonium phosphate (MAP) stood at -2.0%. With regard to the other supplied products, the following average monthly rates of growth were recorded: mixed nitrogen, phosphorus and potassium (NPK) fertilizers (-1.1% per month) and fertilizers, mineral or chemical; containing nitrates and phosphates (-16.9% per month).

In value terms, monoammonium phosphate (MAP) ($58M) constituted the largest type of mixed fertilizer supplied to Australia, comprising 93% of total imports. The second position in the ranking was held by mixed nitrogen, phosphorus and potassium (NPK) fertilizers ($3.9M), with a 6.3% share of total imports. It was followed by fertilizers, mineral or chemical; containing nitrates and phosphates, with a 0.4% share.

Australia Mixed Fertilizer Imports by Country

In April 2023, Morocco (49K tons) constituted the largest mixed fertilizer supplier to Australia, accounting for a 53% share of total imports. Moreover, mixed fertilizer imports from Morocco exceeded the figures recorded by the second-largest supplier, Saudi Arabia (20K tons), twofold. China (15K tons) ranked third in terms of total imports with a 16% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from Morocco totaled -1.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Saudi Arabia (-10.3% per month) and China (+0.6% per month).

In value terms, Morocco ($31M) constituted the largest supplier of mixed fertilizer to Australia, comprising 50% of total imports. The second position in the ranking was taken by Saudi Arabia ($13M), with a 20% share of total imports. It was followed by China, with a 17% share.

From April 2022 to April 2023, the average monthly growth rate of value from Morocco totaled -4.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Saudi Arabia (-13.2% per month) and China (-1.2% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mixed fertilizer market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20157130 -
Prodcom 20157180 -
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Australia - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights

Australia's Mixed Fertilizer Price Bottoms at $671 per Ton

Australia Mixed Fertilizer Import Price in April 2023

Australia Mixed Fertilizer Import Prices by Type

Australia Mixed Fertilizer Imports

Australia Mixed Fertilizer Imports by Type

Australia Mixed Fertilizer Imports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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