Price for Ammonia; Anhydrous or in Aqueous Solution in Australia - 2024

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Australia (FOB) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Australia (CIF) - 2022
  3. Exports of Ammonia; Anhydrous or in Aqueous Solution in Australia
  4. Imports of Ammonia; Anhydrous or in Aqueous Solution in Australia

Price for Ammonia; Anhydrous or in Aqueous Solution in Australia (FOB) - 2022

In 2022, the average export price for ammonia; anhydrous or in aqueous solutia amounted to $601 per ton, increasing by 20% against the previous year. In general, the export price showed slight growth. The pace of growth was the most pronounced in 2021 an increase of 62%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($975 per ton), while the average price for exports to Taiwan (Chinese) ($408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ammonia; Anhydrous or in Aqueous Solution in Australia (CIF) - 2022

The average import price for ammonia; anhydrous or in aqueous solutia stood at $963 per ton in 2022, picking up by 104% against the previous year. Over the period under review, the import price enjoyed pronounced growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($971 per ton), while the price for India totaled $696 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ammonia; Anhydrous or in Aqueous Solution in Australia

In 2022, the amount of ammonia; anhydrous or in aqueous solutia exported from Australia shrank modestly to 323K tons, falling by -3.7% compared with the previous year. Overall, exports, however, saw a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 123% against the previous year. As a result, the exports reached the peak of 336K tons, and then shrank modestly in the following year.

In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $194M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 260% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Ammonia; Anhydrous or in Aqueous Solution in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A7.334.843.2143.3%
South Korea19.110.322.240.228.2%
Indonesia2.92.035.427.7112.2%
Taiwan (Chinese)26.915.326.622.6-5.6%
IndiaN/AN/AN/A18.80%
Thailand20.59.941.614.8-10.3%
NorwayN/AN/AN/A14.40%
China3.51.2N/AN/A-65.7%
Others0.50.77.112.4191.6%
Total73.446.616819438.3%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Australia in 2022:

  1. South Korea (92.6K tons)
  2. Indonesia (56.6K tons)
  3. Taiwan (Chinese) (55.4K tons)
  4. Japan (44.3K tons)
  5. India (23.0K tons)
  6. Thailand (17.6K tons)
  7. Norway (17.5K tons)

Imports of Ammonia; Anhydrous or in Aqueous Solution in Australia

In 2022, supplies from abroad of ammonia; anhydrous or in aqueous solutia decreased by -45.1% to 22K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 63%. As a result, imports attained the peak of 64K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ammonia; anhydrous or in aqueous solutia expanded markedly to $21M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Ammonia; Anhydrous or in Aqueous Solution in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia6.85.94.020.243.8%
India0.30.20.20.410.1%
SwitzerlandN/AN/A8.4N/A0%
Malaysia4.3N/A2.3N/A-26.9%
BangladeshN/AN/A3.5N/A0%
Saudi ArabiaN/A11.6N/AN/A0%
Others0.10.10.20.226.0%
Total11.517.918.620.821.8%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Australia in 2022:

  1. Indonesia (20.8K tons)
  2. India (0.6K tons)

Source: IndexBox Market Intelligence Platform

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