$5.8bn
$XXX.Xm
4,296
326
$XXX.Xm
The Fertiliser Manufacturing industry ensures that Australia's agricultural production systems are economically efficient in the short term and sustainable in the long term. Fertiliser manufacturers supply phosphorus, nitrogen, potassium and sulphur fertilisers, and mix of high-analysis blends and trace elements. Between 6.0 million and 7.0 million tonnes of fertiliser are sold each year. However, only half of this is manufactured locally, with the remainder imported. This means that the industry is susceptible to global supply-side shocks, with little control over fertiliser prices. Recently, the COVID-19 pandemic, the European natural gas crisis and the Russia-Ukraine conflict have played havoc with global fertiliser supply chains, dramatically escalating fertiliser prices, and the effects have also been felt on Australian soil.
Industry revenue has grown at a CAGR of 3.9 % over the past five years, to reach an estimated $5.8bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Incitec Pivot | 2,040.0 | |
Wesfarmers | 1,010.0 | |
Yara Pilbara Fertilisers Pty Ltd | 330.0 |
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Industry revenue is measured across several distinct product and services lines, including Nitrogen-based fertilisers, Phosphate fertilisers and Organic fertilisers. Nitrogen-based fertilisers is the largest segment of the Fertiliser Manufacturing in Australia.
Nitrogen-based fertilisers are gaining ground with increased awareness
Industry firms manufacture or mix fertilisers, including those based on the three major plant nutrients (phosphorous, nitrogen and potassium), and organic fertilisers, including those derived from bonemeal and animal by-products.
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ANZSIC 1831 - Fertiliser Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Record global fertiliser prices have recently driven growth and pushed revenue to new highs. However, as global fertiliser prices retract, industry revenue is retreating too,...
Learn about an industry's products and services, markets and trends in international trade.
The industry's major product segments are based on the three major plant nutrients- phosphorous, nitrogen and potassium. Fertilisers made from these nutrients are known as ch...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The main farming states account for the bulk of the industry's operations. The major fertiliser manufacturers and smaller blending operations run substantial operations in ea...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition occurs along the fertiliser value chain, reflecting the vertically integrated nature of the largest fertiliser manufacturers. Over the past two decades, the indus...
Learn about the performance of the top companies in the industry.
Two major companies dominate the industry, each servicing a different geographic market. There are also many small and mid-size companies servicing regional markets.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The domestic price of fertiliser has an important bearing on farmers' application rates. High fertiliser prices may result in farmers shifting resource allocations to inexpen...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Energy costs are critical for manufacturing ammonia and nitrogen fertilisers. Incitec Pivot has recently closed its Gibson Island plant after failing to secure affordable lon...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Fertiliser Manufacturing industry in Australia is $5.8bn in 2024.
There are 326 businesses in the Fertiliser Manufacturing industry in Australia, which has grown at a CAGR of 1.2 % between 2019 and 2024.
The market size of the Fertiliser Manufacturing industry in Australia has been growing at a CAGR of 3.9 % between 2019 and 2024.
Over the next five years, the Fertiliser Manufacturing industry in Australia is expected to decline.
The biggest companies operating in the Fertiliser Manufacturing market in Australia are Incitec Pivot, Wesfarmers and Yara Pilbara Fertilisers Pty Ltd
Nitrogen-based fertilisers and Phosphate fertilisers are part of the Fertiliser Manufacturing industry.
The company holding the most market share in Australia is Incitec Pivot.
The level of competition is high and increasing in the Fertiliser Manufacturing industry in Australia.