Forecast: Import of Nitrogenous Mineral or Chemical Fertilizers to Australia

The import of nitrogenous mineral or chemical fertilizers to Australia has exhibited a fluctuating trend over the past decade, peaking at $797.85 million in 2013, declining to $555.11 million in 2016, and then gradually increasing to $789.98 million in 2023. The year-on-year variation has mostly seen modest increases in recent years, averaging around 1.82% for 2023. The compound annual growth rate (CAGR) for the past five years stands at approximately 1.22%, indicating steady growth.

Projected data for the next five years shows a modest annual growth rate with a forecasted CAGR of 1.28%, leading to an estimated value of $856.61 million by 2028.

Future trends to watch for include:

  • Changes in global fertilizer prices and production costs.
  • Australian agricultural practices and policy shifts affecting demand.
  • Technological advancements in fertilizer application.
  • Environmental regulations impacting fertilizer imports and usage.

Latest reports

Fertilizer in United States - 2024 Q4

The U.

Fertilizer in China - 2024 Q4

The Chinese fertilizer market in the fourth quarter of 2024 is characterized by dynamic shifts driven by sustainability trends, government policies, and technological advancements.

Fertilizer in Japan - 2024 Q4

In the fourth quarter of 2024, the fertilizer market in Japan is experiencing a dynamic and transformative phase, driven by economic growth, technological advancements, and evolving consumer preferences.

Fertilizer in Germany - 2024 Q4

The fourth quarter of 2024 presents a complex landscape for Germany's fertilizer market, influenced by global economic conditions, geopolitical tensions, and evolving consumer preferences.

Fertilizer in India - 2024 Q4

In the fourth quarter of 2024, the fertilizer market in India is experiencing significant shifts driven by both domestic advancements and global influences.

Top Countries about Fertilizer