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Report Australia and Oceania - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Potassium Nitrate Market 2024

Potassium Nitrate Market Size in Australia and Oceania

The potassium nitrate market in Australia and Oceania skyrocketed to $X in 2022, jumping by 52% against the previous year. Over the period under review, consumption enjoyed buoyant growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Potassium Nitrate Production in Australia and Oceania

In value terms, potassium nitrate production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 132%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Potassium Nitrate Exports

Exports in Australia and Oceania

After two years of decline, overseas shipments of potassium nitrates increased by 1,076% to X tons in 2022. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium nitrate exports surged to $X in 2022. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Australia (X tons) was the key exporter of potassium nitrates, constituting 80% of total exports. It was distantly followed by New Zealand (X tons), generating a 20% share of total exports.

Australia was also the fastest-growing in terms of the potassium nitrates exports, with a CAGR of +23.9% from 2012 to 2022. At the same time, New Zealand (+7.7%) displayed positive paces of growth. While the share of Australia (+30 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-30.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest potassium nitrate supplier in Australia and Oceania, comprising 81% of total exports. The second position in the ranking was held by New Zealand ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +9.5%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, dropping by -27.9% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 101%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+3.3%).

Potassium Nitrate Imports

Imports in Australia and Oceania

In 2022, approx. X tons of potassium nitrates were imported in Australia and Oceania; growing by 10% on 2021 figures. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 78% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, potassium nitrate imports surged to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, resulting at X tons, which was approx. 96% of total imports in 2022. New Zealand (X tons) took a relatively small share of total imports.

Australia was also the fastest-growing in terms of the potassium nitrates imports, with a CAGR of +8.1% from 2012 to 2022. At the same time, New Zealand (+1.1%) displayed positive paces of growth. While the share of Australia (+4.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (-3.5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported potassium nitrates in Australia and Oceania, comprising 95% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 5.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +11.1%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, with an increase of 64% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potassium nitrate import price increased by +90.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of potassium nitrate consumption was Australia, accounting for 80% of total volume. Moreover, potassium nitrate consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, sixfold.
The countries with the highest volumes of in 2021 were Australia, New Zealand and Papua New Guinea.
In value terms, New Zealand remains the largest potassium nitrate supplier in Australia and Oceania, comprising 82% of total exports. The second position in the ranking was occupied by Australia, with an 18% share of total exports.
In value terms, Australia constitutes the largest market for imported potassium nitrates in Australia and Oceania, comprising 94% of total imports. The second position in the ranking was occupied by New Zealand, with a 5.3% share of total imports.
In 2021, the export price in Australia and Oceania amounted to $1,547 per ton, rising by 26% against the previous year.
The import price in Australia and Oceania stood at $827 per ton in 2021, increasing by 14% against the previous year.

This report provides an in-depth analysis of the potassium nitrate market in Australia and Oceania. 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 4025 -

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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