Australia and Oceania: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Australia and Oceania

The animal or vegetable fertilisers market in Australia and Oceania contracted markedly to $X in 2023, reducing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.

Production of Animal Or Vegetable Fertilisers in Australia and Oceania

In value terms, animal or vegetable fertilisers production fell to $X in 2023 estimated in export price. Overall, production continues to indicate a slight decline. The pace of growth was the most pronounced in 2022 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports in Australia and Oceania

In 2023, the amount of animal or vegetable fertilisers exported in Australia and Oceania skyrocketed to X tons, jumping by X% compared with the previous year. In general, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, animal or vegetable fertilisers exports reached $X in 2023. Total exports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, reaching X tons, which was near X% of total exports in 2023. New Zealand (X tons) held a relatively small share of total exports.

Australia was also the fastest-growing in terms of the animal or vegetable fertilisers exports, with a CAGR of X% from 2012 to 2023. New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest animal or vegetable fertilisers supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total exports.

In Australia, animal or vegetable fertilisers exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Australia and Oceania amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

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

Imports of Animal Or Vegetable Fertilisers

Imports in Australia and Oceania

In 2023, imports of animal or vegetable fertilisers in Australia and Oceania dropped dramatically to X tons, declining by X% compared with the year before. Overall, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, animal or vegetable fertilisers imports declined rapidly to $X in 2023. In general, imports, however, saw perceptible growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then reduced rapidly in the following year.

Imports by Country

Australia was the major importer of animal or vegetable fertilisers in Australia and Oceania, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by New Zealand (X tons), creating a X% share of total imports. New Caledonia (X tons) and French Polynesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to animal or vegetable fertilisers imports into Australia stood at X%. At the same time, French Polynesia (X%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. By contrast, New Caledonia (X%) and New Zealand (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported animal or vegetable fertilisers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

In Australia, animal or vegetable fertilisers imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2023, the import price in Australia and Oceania amounted to $X per ton, jumping by X% against the previous year. Import price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, animal or vegetable fertilisers import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while New Caledonia ($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