Australia: Market for Ammonia In Aqueous Solution 2024

Market Size for Ammonia In Aqueous Solution in Australia

For the fourth consecutive year, the Australian ammonia in aqueous solution market recorded decline in sales value, which decreased by less than X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Ammonia In Aqueous Solution in Australia

In value terms, ammonia in aqueous solution production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Ammonia In Aqueous Solution

Exports from Australia

In 2022, ammonia in aqueous solution exports from Australia fell notably to X tons, reducing by X% against 2021 figures. Overall, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, ammonia in aqueous solution exports dropped sharply to $X in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for ammonia in aqueous solution exports from Australia, with a X% share of total exports. It was followed by New Caledonia (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at X%.

In value terms, New Zealand ($X) remains the key foreign market for ammonia in aqueous solution exports from Australia, comprising X% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand totaled X%.

Export Prices by Country

In 2022, the average ammonia in aqueous solution export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Caledonia (X%).

Imports of Ammonia In Aqueous Solution

Imports into Australia

In 2022, supplies from abroad of ammonia in aqueous solution decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, ammonia in aqueous solution imports soared to $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of ammonia in aqueous solution to Australia, accounting for a X% share of total imports. Moreover, ammonia in aqueous solution imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%.

In value terms, India ($X) constituted the largest supplier of ammonia in aqueous solution to Australia, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at X%.

Import Prices by Country

The average ammonia in aqueous solution import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ammonia in aqueous solution import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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