Australia and Oceania: Ammonium Nitrate Market 2024

Ammonium Nitrate Exports

Exports in Australia and Oceania

In 2021, approx. X tons of ammonium nitrate were exported in Australia and Oceania; which is down by -22.8% compared with the previous year. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2014 with an increase of 78% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ammonium nitrate exports fell rapidly to $X in 2021. Over the period under review, exports showed a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 58% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia represented the key exporter of ammonium nitrate in Australia and Oceania, with the volume of exports amounting to X tons, which was near 81% of total exports in 2021. It was distantly followed by Papua New Guinea (X tons), mixing up a 16% share of total exports. New Zealand (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ammonium nitrate exports from Australia stood at -27.6%. At the same time, Papua New Guinea (+35.6%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +35.6% from 2012-2021. By contrast, New Zealand (-2.9%) illustrated a downward trend over the same period. While the share of Papua New Guinea (+16 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-17.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) remains the largest ammonium nitrate supplier in Australia and Oceania, comprising 72% of total exports. The second position in the ranking was held by New Zealand ($X), with a 16% share of total exports.

In Australia, ammonium nitrate exports shrank by an average annual rate of -26.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+21.3% per year) and Papua New Guinea (+22.1% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, waning by -3.2% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ammonium nitrate export price increased by +16.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+25.0%), while the other leaders experienced mixed trends in the export price figures.

Ammonium Nitrate Imports

Imports in Australia and Oceania

In 2021, the amount of ammonium nitrate imported in Australia and Oceania declined notably to X tons, shrinking by -31.4% against 2020. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 55% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ammonium nitrate imports shrank markedly to $X in 2021. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by 58%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Australia was the largest importer of ammonium nitrate in Australia and Oceania, with the volume of imports resulting at X tons, which was near 54% of total imports in 2021. Papua New Guinea (X tons) took the second position in the ranking, distantly followed by New Zealand (X tons). All these countries together took approx. 44% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Papua New Guinea (with a CAGR of +3.2%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Australia ($X), Papua New Guinea ($X) and New Zealand ($X) were the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

Among the main importing countries, Papua New Guinea, with a CAGR of -0.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 7.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 41%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Papua New Guinea ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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