Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $3,208 per ton in 2022, growing by 287% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($8,406 per ton), while the price for Serbia ($1,984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $7,098 per ton in 2022, with an increase of 257% against the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2016 when the average export price increased by 264% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($11,206 per ton), while the average price for exports to Cook Islands ($627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand
In 2022, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses into New Zealand reduced dramatically to 84 tons, waning by -87.9% compared with 2021 figures. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 440% against the previous year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced sharply to $268K in 2022. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 152% against the previous year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 19.4 | 74.3 | 120 | 97.0 | 71.0% |
| Netherlands | 27.3 | 123 | 82.4 | 74.9 | 40.0% |
| Serbia | N/A | N/A | N/A | 47.6 | 0% |
| United Kingdom | 209 | 8.6 | 59.1 | 28.2 | -48.7% |
| Spain | N/A | N/A | N/A | 19.9 | 0% |
| Vietnam | 183 | N/A | N/A | N/A | 0% |
| China | 365 | 21.9 | 303 | N/A | -8.9% |
| Others | N/A | N/A | 8.7 | 0.3 | -96.6% |
| Total | 804 | 227 | 573 | 268 | -30.7% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to New Zealand in 2022:
- Netherlands (32.4 tons)
- Serbia (24.0 tons)
- Australia (11.5 tons)
- United Kingdom (11.4 tons)
- Spain (4.2 tons)
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand
In 2022, shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -82.3% to 9.6 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp decline. The growth pace was the most rapid in 2020 with an increase of 186% against the previous year. As a result, the exports attained the peak of 61 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses contracted remarkably to $68K in 2022. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 134% against the previous year. As a result, the exports attained the peak of $108K, and then reduced remarkably in the following year.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 56.8 | N/A | 71.0 | 63.6 | 3.8% |
| Norfolk Island | 13.0 | 28.4 | 16.2 | 2.5 | -42.3% |
| Cook Islands | 3.2 | 17.6 | 14.9 | 0.2 | -60.3% |
| Others | 10.8 | N/A | 5.8 | 1.8 | -45.0% |
| Total | 83.8 | 46.0 | 108 | 68.2 | -6.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from New Zealand in 2022:
- Vietnam (5.7 tons)
- Norfolk Island (3.4 tons)
- Cook Islands (0.3 tons)
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