Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (CIF) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (FOB) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $476 per ton in 2022, rising by 15% against the previous year. Overall, the import price, however, continues to indicate a noticeable setback. The growth pace was the most rapid in 2019 an increase of 353% against the previous year. As a result, import price reached the peak level of $1,431 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 South Korea ($989 per ton), while the price for China totaled $457 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical amounted to $628 per ton, waning by -11% against the previous year. Overall, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 187%. The export price peaked at $2,121 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Tonga amounted to +51.3% per year.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand
For the fourth consecutive year, New Zealand recorded growth in supplies from abroad of fertilizers, mineral or chemical, which increased by 130% to 3.3K tons in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 3,396% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fertilizers, mineral or chemical skyrocketed to $1.6M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 592%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1,466 | 0% |
| South Korea | N/A | N/A | N/A | 119 | 0% |
| Belgium | N/A | N/A | 556 | N/A | 0% |
| Netherlands | N/A | 283 | N/A | N/A | 0% |
| Others | 44.6 | 25.6 | 44.4 | N/A | -0.2% |
| Total | 44.6 | 309 | 600 | 1,585 | 228.8% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to New Zealand in 2022:
- China (3.2K tons)
- South Korea (0.1K tons)
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand
Exports of fertilizers, mineral or chemical from New Zealand fell rapidly to 90 tons in 2022, waning by -59.3% on 2021 figures. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 2,965%. As a result, the exports attained the peak of 222 tons, and then dropped remarkably in the following year.
In value terms, exports of fertilizers, mineral or chemical dropped sharply to $57K in 2022. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,602%. As a result, the exports attained the peak of $157K, and then shrank rapidly in the following year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 38.6 | 9.2 | 40.8 | 56.7 | 13.7% |
| Australia | N/A | N/A | 116 | N/A | 0% |
| Others | 2.2 | N/A | N/A | N/A | 0% |
| Total | 40.8 | 9.2 | 157 | 56.7 | 11.6% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from New Zealand in 2022:
- Fiji (90.2 tons)
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