| Product Code: ETC5674194 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Fiji continued to heavily rely on imports of concentrated nitric acid, with top exporting countries being Australia, South Korea, China, New Zealand, and the USA. Despite a slight decline in growth rate from 2023 to 2024 at -5.08%, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a solid 8.27%. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a concentrated market, suggesting a competitive landscape dominated by major players. Fiji`s demand for concentrated nitric acid remains robust, with key exporting countries maintaining a strong presence in the market.

The concentrated nitric acid market in Fiji is growing due to its use in industrial applications, including fertilizer production, explosives manufacturing, and chemical processing. With the expansion of the industrial and manufacturing sectors in Fiji, the demand for concentrated nitric acid is expected
The concentrated nitric acid market in Fiji is expanding due to its essential role in industries such as fertilizers, chemicals, and explosives. As the demand for agricultural products and industrial chemicals rises, the market for concentrated nitric acid, a key raw material, is experiencing growth.
The concentrated nitric acid market in Fiji is impacted by environmental and safety concerns associated with the handling and storage of hazardous chemicals. There is a lack of specialized infrastructure to support the safe import, distribution, and use of concentrated nitric acid, which limits its accessibility and market growth. Additionally, limited local demand, particularly in the industrial sector, makes it less attractive for suppliers to invest in the market, leading to reliance on imports and price volatility.
The government of Fiji influences the concentrated nitric acid market through policies that regulate chemical manufacturing and promote industrial safety. Policies focused on environmental protection, particularly those that address hazardous substances and waste management, have led to increased safety standards in industries using nitric acid, such as agriculture, automotive, and manufacturing. Government regulations on the import and export of chemicals, alongside incentives to use chemicals in environmentally responsible ways, have shaped the growth of the concentrated nitric acid market. As industrial sectors expand and modernize, demand for this chemical, used in fertilizers and explosives, continues to rise.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Fiji Concentrated Nitric Acid Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Concentrated Nitric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Concentrated Nitric Acid Market - Industry Life Cycle |
3.4 Fiji Concentrated Nitric Acid Market - Porter's Five Forces |
3.5 Fiji Concentrated Nitric Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Fiji Concentrated Nitric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Fiji Concentrated Nitric Acid Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Fiji Concentrated Nitric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for fertilizers and explosives, which are key applications of concentrated nitric acid. |
4.2.2 Increasing investments in agriculture and mining sectors in Fiji, leading to higher demand for concentrated nitric acid. |
4.2.3 Rising awareness about the benefits of concentrated nitric acid in various industries, such as pharmaceuticals and electronics. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of concentrated nitric acid. |
4.3.2 Stringent regulations and environmental concerns related to the production and usage of nitric acid. |
4.3.3 Competition from alternative chemicals and substitutes in certain applications. |
5 Fiji Concentrated Nitric Acid Market Trends |
6 Fiji Concentrated Nitric Acid Market Segmentations |
6.1 Fiji Concentrated Nitric Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Strong, 2021-2031F |
6.1.3 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Fuming, 2021-2031F |
6.2 Fiji Concentrated Nitric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Ammonium Nitrate, 2021-2031F |
6.2.3 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Adipic Acid, 2021-2031F |
6.2.4 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Nitrobenzene, 2021-2031F |
6.2.5 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Toluene Diisocyanate, 2021-2031F |
6.3 Fiji Concentrated Nitric Acid Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.3 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Explosives, 2021-2031F |
6.3.4 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Fiji Concentrated Nitric Acid Market Revenues & Volume, By Electronics, 2021-2031F |
7 Fiji Concentrated Nitric Acid Market Import-Export Trade Statistics |
7.1 Fiji Concentrated Nitric Acid Market Export to Major Countries |
7.2 Fiji Concentrated Nitric Acid Market Imports from Major Countries |
8 Fiji Concentrated Nitric Acid Market Key Performance Indicators |
8.1 Average selling price of concentrated nitric acid in Fiji. |
8.2 Capacity utilization rate of nitric acid production facilities in Fiji. |
8.3 Number of new product developments or innovations in the concentrated nitric acid market in Fiji. |
8.4 Export volume of concentrated nitric acid from Fiji to other countries. |
8.5 Environmental compliance metrics related to the production and usage of concentrated nitric acid in Fiji. |
9 Fiji Concentrated Nitric Acid Market - Opportunity Assessment |
9.1 Fiji Concentrated Nitric Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Fiji Concentrated Nitric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Fiji Concentrated Nitric Acid Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Fiji Concentrated Nitric Acid Market - Competitive Landscape |
10.1 Fiji Concentrated Nitric Acid Market Revenue Share, By Companies, 2024 |
10.2 Fiji Concentrated Nitric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |