Australia - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia's Import of Nitrogenous Fertilizer Falls Dramatically to $1.6B in 2023
Australia Nitrogenous Fertilizer Imports
In 2023, overseas purchases of nitrogenous fertilizers (mineral or chemical) increased by 12% to 4.1M tons, rising for the fifth consecutive year after two years of decline. In general, total imports indicated a prominent increase from 2013 to 2023: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +62.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 27% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.
In value terms, nitrogenous fertilizer imports shrank sharply to $1.6B (IndexBox estimates) in 2023. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Imports peaked at $2.6B in 2022, and then shrank markedly in the following year.
| COUNTRY | Import Value of Nitrogenous Fertilizer in Australia (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United Arab Emirates | 13.2 | 29.8 | 74.5 | 68.6 | 42.7 | 36.3 | 51.1 | 158 | 282 | 337 | 309 |
| Qatar | 267 | 222 | 146 | 135 | 125 | 205 | 162 | 118 | 300 | 397 | 235 |
| Saudi Arabia | 100 | 154 | 131 | 102 | 130 | 89.0 | 129 | 166 | 249 | 549 | 220 |
| United States | 1.1 | 2.9 | 1.0 | 1.5 | 8.1 | 6.9 | 2.7 | 3.3 | 1.9 | 73.5 | 164 |
| Malaysia | 40.3 | 39.2 | 42.0 | 27.1 | 78.0 | 82.3 | 57.9 | 125 | 170 | 339 | 152 |
| China | 72.9 | 89.0 | 58.4 | 89.2 | 115 | 109 | 128 | 73.7 | 114 | 113 | 121 |
| Indonesia | 76.4 | 115 | 51.6 | 65.8 | 25.5 | 14.6 | 82.9 | 40.9 | 145 | 273 | 97.1 |
| Russia | 45.7 | 18.9 | 5.5 | 6.1 | 8.1 | 48.3 | 51.0 | 48.0 | 111 | 75.3 | N/A |
| Others | 179 | 87.6 | 81.1 | 58.7 | 130 | 151 | 108 | 134 | 126 | 432 | 298 |
| Total | 796 | 758 | 592 | 554 | 662 | 742 | 773 | 867 | 1,500 | 2,588 | 1,597 |
Imports by Country
the United Arab Emirates (776K tons), Qatar (642K tons) and Saudi Arabia (608K tons) were the main suppliers of nitrogenous fertilizer imports to Australia, with a combined 49% share of total imports. the United States, China, Malaysia and Indonesia lagged somewhat behind, together accounting for a further 35%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +77.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest nitrogenous fertilizer suppliers to Australia were the United Arab Emirates ($309M), Qatar ($235M) and Saudi Arabia ($220M), with a combined 48% share of total imports. the United States, Malaysia, China and Indonesia lagged somewhat behind, together comprising a further 33%.
In terms of the main suppliers, the United States, with a CAGR of +65.6%, recorded 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, urea (3.2M tons) constituted the largest type of nitrogenous fertilizers (mineral or chemical) supplied to Australia, accounting for a 78% share of total imports. Moreover, urea exceeded the figures recorded for the second-largest type, mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (428K tons), sevenfold. The third position in this ranking was held by ammonium sulphate (287K tons), with a 7% share.
From 2013 to 2023, the average annual growth rate of the volume of urea imports stood at +6.2%. With regard to the other supplied products, the following average annual rates of growth were recorded: mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (+11.5% per year) and ammonium sulphate (+16.6% per year).
In value terms, urea ($1.2B) constituted the largest type of nitrogenous fertilizers (mineral or chemical) supplied to Australia, comprising 77% of total imports. The second position in the ranking was held by mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution ($162M), with a 10% share of total imports. It was followed by ammonium nitrate, with a 7.3% share.
Import Prices by Country
In 2023, the nitrogenous fertilizer price stood at $389 per ton (CIF, Australia), dropping by -44.9% against the previous year. Overall, the import price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2022 an increase of 71%. As a result, import price reached the peak level of $706 per ton, and then fell significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($467 per ton), while the price for China ($294 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the nitrogenous 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:
- FCL 4001 -
- FCL 4002 -
- FCL 4003 -
- FCL 4004 -
- FCL 4005 -
- FCL 4006 -
- FCL 4008 -
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
