Australia: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in Australia

In 2021, after two years of decline, there was growth in the Australian dicalcium phosphate market, when its value increased by 2% to $X. In general, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.6% against 2018 indices. Dicalcium phosphate consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Dicalcium Phosphate Exports

Exports from Australia

In 2021, shipments abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -35.3% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when exports increased by 82%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, dicalcium phosphate exports declined dramatically to $X in 2021. Overall, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 68%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Caledonia (X tons), China (X tons) and Papua New Guinea (X tons) were the main destinations of dicalcium phosphate exports from Australia, with a combined 73% share of total exports. These countries were followed by the Netherlands, Fiji and New Zealand, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +54.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), New Caledonia ($X) and the Netherlands ($X) were the largest markets for dicalcium phosphate exported from Australia worldwide, with a combined 67% share of total exports. These countries were followed by New Zealand, Papua New Guinea and Fiji, which together accounted for a further 33%.

In terms of the main countries of destination, New Zealand, with a CAGR of +71.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dicalcium phosphate export price amounted to $X per ton, surging by 5.9% against the previous year. In general, the export price recorded temperate growth. The growth pace was the most rapid in 2015 an increase of 92%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+10.9%), while the prices for the other major destinations experienced mixed trend patterns.

Dicalcium Phosphate Imports

Imports into Australia

In 2021, supplies from abroad of calcium hydrogenorthophosphate (dicalcium phosphate) decreased by -13.2% to X tons, falling for the third consecutive year after two years of growth. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 34%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, dicalcium phosphate imports skyrocketed to $X in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest dicalcium phosphate supplier to Australia, with a 84% share of total imports. Moreover, dicalcium phosphate imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+2.1% per year) and the United States (-12.2% per year).

In value terms, China ($X) constituted the largest supplier of calcium hydrogenorthophosphate (dicalcium phosphate) to Australia, comprising 79% of total imports. The second position in the ranking was taken by South Africa ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+0.4% per year) and the United States (-8.6% per year).

Import Prices by Country

The average dicalcium phosphate import price stood at $X per ton in 2021, jumping by 33% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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