Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia - 2024

Contents:

  1. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (CIF) - 2022
  2. Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (FOB) - 2022
  3. Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia
  4. Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (CIF) - 2022

In 2022, the average import price for fertilizers, mineral or chemical amounted to $418 per ton, which is down by -3.4% against the previous year. Overall, the import price, however, enjoyed slight growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 268%. As a result, import price reached the peak level of $1,130 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 the United States ($4,900 per ton), while the price for China ($417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (FOB) - 2022

The average export price for fertilizers, mineral or chemical stood at $2,843 per ton in 2022, with an increase of 59% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 76%. Over the period under review, the average export prices attained the maximum at $18,341 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($3,346 per ton), while the average price for exports to New Zealand ($1,976 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 Qatar (+15.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia

Imports of fertilizers, mineral or chemical into Australia surged to 6.3K tons in 2022, with an increase of 414% compared with 2021. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fertilizers, mineral or chemical surged to $2.7M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13946.244.42,645167.0%
Netherlands80.95292483.2-65.9%
South KoreaN/A148N/AN/A0%
New ZealandN/AN/A116N/A0%
BelgiumN/A76.7N/AN/A0%
PolandN/AN/A126N/A0%
OthersN/AN/AN/A4.20%
Total2208005342,652129.3%

Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Australia in 2022:

  1. China (6.3K tons)

Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia

For the fourth consecutive year, Australia recorded growth in overseas shipments of fertilizers, mineral or chemical, which increased by 3.4% to 320 tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 191% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of fertilizers, mineral or chemical skyrocketed to $910K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 280%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar1.4262459629665.9%
New Zealand41.078.873.423478.7%
Fiji23.412.4N/A14.2-15.3%
Maldives18.7N/AN/AN/A0%
Others8.2N/A21.032.758.6%
Total92.7353554910114.1%

Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Australia in 2022:

  1. Qatar (188.0 tons)
  2. New Zealand (118.2 tons)
  3. Fiji (5.0 tons)

Source: IndexBox Market Intelligence Platform

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