Canada - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNitrogenous Fertilizer Price in Canada Drops 5% to $594 per Ton
Canada Nitrogenous Fertilizer Import Price per Ton in July 2022
In July 2022, the nitrogenous fertilizer price per ton stood at $593.7 (CIF, Canada), with a decrease of -5% against the previous month. Over the last six-month period, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in February 2022 when the average import price increased by 49% against the previous month. As a result, import price attained the peak level of $772.5 per ton. From March 2022 to July 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2022, the highest price was recorded for prices from Oman ($789.0 per ton) and Algeria ($643.0 per ton), while the price for the United States ($533.0 per ton) and Norway ($541.0 per ton) were amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Canada Nitrogenous Fertilizer Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In July 2022, the product with the highest price was calcium ammonium nitrate (CAN) ($3.0K per ton), while the price for ammonium nitrate ($450.8 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (+9.2%), while the prices for the other products experienced more modest paces of growth.
Canada Nitrogenous Fertilizer Imports
In July 2022, overseas purchases of nitrogenous fertilizers (mineral or chemical) decreased by -11% to 130K tons, falling for the second month in a row after five months of growth. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in February 2022 with an increase of 68% m-o-m.
In value terms, nitrogenous fertilizer imports dropped significantly to $77M (IndexBox estimates) in July 2022. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in February 2022 when imports increased by 151% month-to-month.
Canada Nitrogenous Fertilizer Imports by Type
In July 2022, urea (83K tons) constituted the largest type of nitrogenous fertilizer supplied to Canada, with a 64% share of total imports. Moreover, urea exceeded the figures recorded for the second-largest type, ammonium nitrate (23K tons), fourfold. The third position in this ranking was taken by mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (20K tons), with a 15% share.
From January 2022 to July 2022, the average monthly growth rate of the volume of import of urea stood at +17.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: ammonium nitrate (-7.8% per month) and mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (+5.5% per month).
In value terms, urea ($52M) constituted the largest type of nitrogenous fertilizer supplied to Canada, comprising 68% of total imports. The second position in the ranking was held by mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution ($12M), with a 15% share of total imports. It was followed by ammonium nitrate, with a 13% share.
Canada Nitrogenous Fertilizer Imports by Country
In July 2022, the United States (74K tons) constituted the largest nitrogenous fertilizer supplier to Canada, with a 57% share of total imports. Moreover, nitrogenous fertilizer imports from the United States exceeded the figures recorded by the second-largest supplier, Algeria (28K tons), threefold. Trinidad and Tobago (13K tons) ranked third in terms of total imports with a 10% share.
From January 2022 to July 2022, the average monthly growth rate of volume from the United States totaled +11.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Algeria (+48.2% per month) and Trinidad and Tobago (-46.2% per month).
In value terms, the United States ($39M) constituted the largest supplier of nitrogenous fertilizer to Canada, comprising 51% of total imports. The second position in the ranking was taken by Algeria ($18M), with a 23% share of total imports. It was followed by Oman, with a 12% share.
From January 2022 to July 2022, the average monthly growth rate of value from the United States stood at +12.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Algeria (+42.4% per month) and Oman (+112.8% per month).
This report provides an in-depth analysis of the nitrogenous fertilizer market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
