Report Update Jan 1, 2025

Australia - Nitrates (Excluding Those of Potassium) - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Nitrates Market 2025

Nitrates Market Size in Australia

The Australian nitrates market surged to $X in 2021, rising by 41% against the previous year. Overall, consumption recorded a buoyant expansion. Nitrates consumption peaked in 2021 and is expected to retain growth in the immediate term.

Nitrates Production in Australia

In value terms, nitrates production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production recorded significant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 188%. Nitrates production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Nitrates Exports

Exports from Australia

In 2021, after two years of decline, there was significant growth in overseas shipments of nitrates (excluding those of potassium), when their volume increased by 8.2% to X tons. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 23,352% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, nitrates exports reached $X in 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 9,985% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Egypt (X tons) was the main destination for nitrates exports from Australia, accounting for a 92% share of total exports. Moreover, nitrates exports to Egypt exceeded the volume sent to the second major destination, Indonesia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt stood at +22.3%.

In value terms, Egypt ($X) remains the key foreign market for nitrates (excluding those of potassium) exports from Australia, comprising 76% of total exports. The second position in the ranking was held by Indonesia ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Egypt stood at +18.6%.

Export Prices by Country

In 2021, the average nitrates export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 34%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Egypt totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (-3.0%).

Nitrates Imports

Imports into Australia

In 2021, the amount of nitrates (excluding those of potassium) imported into Australia expanded notably to X tons, growing by 9.9% compared with 2020. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 41%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, nitrates imports surged to $X in 2021. In general, imports enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 when imports increased by 43%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest nitrates supplier to Australia, accounting for a 64% share of total imports. Moreover, nitrates imports from China exceeded the figures recorded by the second-largest supplier, Latvia (X tons), sevenfold. Russia (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+73.5% per year) and Russia (+64.7% per year).

In value terms, China ($X) constituted the largest supplier of nitrates (excluding those of potassium) to Australia, comprising 52% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports. It was followed by Latvia, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+59.2% per year) and Latvia (+60.6% per year).

Import Prices by Country

In 2021, the average nitrates import price amounted to $X per ton, jumping by 21% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nitrates (excluding those of potassium) in the world?

China remains the largest nitrates consuming country worldwide, comprising approx. 20% of total volume. Moreover, nitrates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of nitrates (excluding those of potassium) in the world?

The country with the largest volume of nitrates production was China, comprising approx. 30% of total volume. Moreover, nitrates production in China exceeded the figures recorded by the second-largest producer, Norway, threefold. India ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of nitrates (excluding those of potassium) to Australia?

In value terms, Belgium constituted the largest supplier of nitrates to Australia, comprising 73% of total imports. The second position in the ranking was occupied by Poland, with a 4.3% share of total imports. It was followed by the Netherlands, with a 3.4% share.

What are the leading importers of nitrates (excluding those of potassium) from Australia?

In value terms, the United States and New Zealand appeared to be the largest markets for nitrates exported from Australia worldwide.

What is the average export price for nitrates (excluding those of potassium) in Australia?

In 2021, the average nitrates export price amounted to $905 per ton, reducing by -30.6% against the previous year.

What is the average import price for nitrates (excluding those of potassium) in Australia?

The average nitrates import price stood at $917 per ton in 2021, with an increase of 119% against the previous year.

This report provides an in-depth analysis of the nitrates 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:

Prodcom 20134210 - Nitrates (excluding those of potassium)

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024