Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $1,150 per ton, rising by 174% against the previous year. Overall, the import price showed a buoyant increase. The import price peaked at $1,241 per ton in 2015; afterwards, it flattened through to 2022.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,473 per ton), while the price for Indonesia ($334 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $3,711 per ton in 2022, which is down by -33.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 106%. Over the period under review, the average export prices attained the maximum at $5,618 per ton in 2021, and then reduced dramatically in the following year.
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 Malaysia ($13,030 per ton), while the average price for exports to Papua New Guinea ($1,008 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 Papua New Guinea (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia
In 2022, supplies from abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -92% to 3.6K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 0.4% against the previous year. As a result, imports reached the peak of 46K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses declined rapidly to $4.1M in 2022. Over the period under review, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of $19M, and then shrank sharply in the following year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 6.3 | 9.3 | 1.7 | -24.8% |
| France | 0.5 | 0.4 | 0.1 | 0.7 | 11.9% |
| Netherlands | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| United States | N/A | N/A | N/A | 0.4 | 0% |
| Russia | 0.7 | N/A | N/A | 0.4 | -17.0% |
| Belgium | N/A | N/A | N/A | 0.3 | 0% |
| Indonesia | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | N/A | 7.1 | 3.5 | N/A | -50.7% |
| Jordan | 11.9 | 1.2 | 5.2 | N/A | -33.9% |
| Others | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Total | 17.5 | 15.3 | 18.9 | 4.1 | -38.4% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Australia in 2022:
- China (1974.0 tons)
- Russia (396.0 tons)
- France (291.6 tons)
- Belgium (264.0 tons)
- United States (199.2 tons)
- Netherlands (181.1 tons)
- Indonesia (150.0 tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia
In 2022, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses were finally on the rise to reach 24 tons after two years of decline. Overall, exports, however, recorded a significant contraction.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $90K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 375 | 46.4 | 38.8 | 52.3 | -48.1% |
| United States | N/A | N/A | N/A | 11.3 | 0% |
| Malaysia | N/A | 5.5 | 2.8 | 10.4 | 37.5% |
| Papua New Guinea | N/A | N/A | N/A | 8.8 | 0% |
| New Caledonia | 1.6 | 3.7 | 4.3 | 2.2 | 11.2% |
| Hong Kong SAR | N/A | N/A | N/A | 0.8 | 0% |
| Singapore | 25.1 | N/A | N/A | N/A | 0% |
| Others | 8.9 | 9.8 | 18.8 | 3.9 | -24.0% |
| Total | 411 | 65.3 | 64.7 | 89.8 | -39.8% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Australia in 2022:
- New Zealand (10.5 tons)
- Papua New Guinea (8.8 tons)
- United States (2.6 tons)
- Malaysia (0.8 tons)
- Hong Kong SAR (0.7 tons)
- New Caledonia (0.5 tons)
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