Australia - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDramatic Decline in Australia's Mixed Fertilizer Imports, Falling to $619M in 2023
Australia Mixed Fertilizer Imports
In 2023, supplies from abroad of mixed fertilizers decreased by -32.8% to 919K tons, falling for the second year in a row after three years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 40%. Imports peaked at 1.6M tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, mixed fertilizer imports contracted rapidly to $619M (IndexBox estimates) in 2023. Over the period under review, imports, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Imports peaked at $1.2B in 2022, and then reduced markedly in the following year.
| COUNTRY | Import Value of Mixed Fertilizer in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Saudi Arabia | N/A | 38.7 | 30.2 | 34.0 | 62.0 | 93.3 | 93.1 | 43.2 | 214 | 228 | 195 |
| China | 59.4 | 112 | 163 | 161 | 195 | 209 | 298 | 285 | 406 | 367 | 186 |
| Morocco | N/A | 46.0 | N/A | 8.9 | 8.6 | N/A | N/A | 1.1 | 56.5 | 218 | 104 |
| United States | 169 | 228 | 188 | 167 | 150 | 160 | 112 | 104 | 110 | 159 | 84.1 |
| Jordan | N/A | 0.5 | 3.0 | N/A | N/A | 20.2 | 20.5 | 2.8 | 12.6 | 42.0 | 31.0 |
| South Korea | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 7.1 | 9.9 | 4.1 | 13.2 |
| Mexico | 130 | 102 | 73.0 | 53.9 | 15.5 | N/A | N/A | N/A | N/A | 40.1 | N/A |
| Russia | 0.1 | 0.1 | 20.0 | 0.1 | 0.1 | 0.1 | 0.8 | 1.9 | 1.5 | 113 | N/A |
| Others | 31.6 | 6.7 | 15.3 | 15.4 | 5.3 | 20.3 | 12.4 | 2.8 | 4.1 | 6.4 | 4.9 |
| Total | 390 | 534 | 492 | 440 | 437 | 503 | 537 | 447 | 814 | 1,178 | 619 |
Imports by Country
Saudi Arabia (283K tons), China (275K tons) and Morocco (158K tons) were the main suppliers of mixed fertilizer imports to Australia, with a combined 78% share of total imports. the United States, Jordan and South Korea lagged somewhat behind, together comprising a further 22%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +142.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest mixed fertilizer suppliers to Australia were Saudi Arabia ($195M), China ($186M) and Morocco ($104M), together comprising 78% of total imports. the United States, Jordan and South Korea lagged somewhat behind, together comprising a further 21%.
In terms of the main suppliers, South Korea, with a CAGR of +155.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, monoammonium phosphate (MAP) (795K tons) constituted the largest type of mixed fertilizers supplied to Australia, with a 87% share of total imports. Moreover, monoammonium phosphate (MAP) exceeded the figures recorded for the second-largest type, diammonium phosphate (83K tons), tenfold. Fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (28K tons) ranked third in terms of total imports with a 3% share.
From 2013 to 2023, the average annual growth rate of the volume of monoammonium phosphate (MAP) imports amounted to +2.9%. With regard to the other supplied products, the following average annual rates of growth were recorded: diammonium phosphate (-9.8% per year) and fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (-2.5% per year).
In value terms, monoammonium phosphate (MAP) ($538M) constituted the largest type of mixed fertilizers supplied to Australia, comprising 87% of total imports. The second position in the ranking was held by diammonium phosphate ($55M), with an 8.9% share of total imports. It was followed by fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates, with a 2.7% share.
Import Prices by Country
In 2023, the mixed fertilizer price stood at $674 per ton (CIF, Australia), with a decrease of -21.8% against the previous year. Overall, the import price, however, saw a notable increase. The growth pace was the most rapid in 2022 when the average import price increased by 66%. As a result, import price reached the peak level of $862 per ton, and then fell notably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Jordan ($713 per ton) and Saudi Arabia ($691 per ton), while the price for South Korea ($516 per ton) and the United States ($644 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the mixed fertilizer market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20157130 -
- Prodcom 20157180 -
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
- Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
