Australia and Oceania: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Australia and Oceania

The ammonium nitrate market in Australia and Oceania declined modestly to $X in 2023, reducing by X% against the previous year. In general, consumption continues to indicate a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Ammonium Nitrate Production in Australia and Oceania

In value terms, ammonium nitrate production stood at $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume decreased by X%. The level of production peaked at $X in 2018; afterwards, it flattened through to 2023.

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Ammonium Nitrate Exports

Exports in Australia and Oceania

Ammonium nitrate exports declined sharply to X tons in 2023, with a decrease of X% against 2022 figures. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, ammonium nitrate exports reduced markedly to $X in 2023. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2023. Papua New Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to ammonium nitrate exports from Australia stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Papua New Guinea increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest ammonium nitrate supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Australia totaled X%.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, shrinking by X% against the previous year. Export price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Papua New Guinea totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%).

Ammonium Nitrate Imports

Imports in Australia and Oceania

In 2023, overseas purchases of ammonium nitrate increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, showed a abrupt descent. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, ammonium nitrate imports skyrocketed to $X in 2023. Over the period under review, imports, however, continue to indicate a mild reduction. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Australia represented the key importing country with an import of around X tons, which reached X% of total imports. Papua New Guinea (X tons) held the second position in the ranking, distantly followed by New Zealand (X tons). All these countries together took near X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to ammonium nitrate imports into Australia stood at X%. New Zealand (X%) and Papua New Guinea (X%) illustrated a downward trend over the same period. While the share of Papua New Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported ammonium nitrate in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total imports.

In Australia, ammonium nitrate imports decreased by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a measured increase. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2023 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform