Australia and Oceania: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Australia and Oceania

In 2023, the calcium ammonium nitrate (CAN) market in Australia and Oceania decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a modest 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, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Calcium Ammonium Nitrate (CAN) in Australia and Oceania

In value terms, calcium ammonium nitrate (CAN) production reached $X in 2023 estimated in export price. The total production indicated a mild 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Calcium Ammonium Nitrate (CAN)

Exports in Australia and Oceania

In 2023, exports of calcium ammonium nitrate (CAN) in Australia and Oceania skyrocketed to X tons, jumping by X% on the previous year. Overall, exports, however, showed a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, calcium ammonium nitrate (CAN) exports skyrocketed to $X in 2023. In general, exports, however, showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

New Zealand prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Australia (X tons), creating a X% share of total exports.

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

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

From 2012 to 2023, the average annual growth rate of value in New Zealand 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. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2022, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

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

Imports of Calcium Ammonium Nitrate (CAN)

Imports in Australia and Oceania

In 2023, overseas purchases of calcium ammonium nitrate (CAN) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Total imports indicated measured growth from 2012 to 2023: its volume 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. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then fell remarkably in the following year.

In value terms, calcium ammonium nitrate (CAN) imports dropped significantly to $X in 2023. Overall, imports, however, saw a strong expansion. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

New Zealand represented the major importer of calcium ammonium nitrate (CAN) in Australia and Oceania, with the volume of imports finishing at X tons, which was near X% of total imports in 2023. It was distantly followed by Australia (X tons) and New Caledonia (X tons), together committing a X% share of total imports. Papua New Guinea (X tons) took a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to calcium ammonium nitrate (CAN) imports into New Zealand stood at X%. At the same time, Papua New Guinea (X%), New Caledonia (X%) and Australia (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2023. While the share of Australia (X p.p.), New Caledonia (X p.p.) and Papua New Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) constitutes the largest market for imported calcium ammonium nitrate (CAN) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by New Caledonia, with an X% share.

In New Zealand, calcium ammonium nitrate (CAN) 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: Australia (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, increasing by X% against the previous year. In general, the import price recorded tangible growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

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

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

Source: IndexBox Platform