Canada - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Latest Report Update: Mar 1, 2023

Canada - Nitrogenous Fertilizers (Mineral Or Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 8, 2022

Nitrogenous 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).

Source: IndexBox Market Intelligence Platform

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 -
• FCL 4002 -
• FCL 4003 -
• FCL 4004 -
• FCL 4005 -
• FCL 4006 -
• FCL 4008 -
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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