Price for Mineral Substances Not Elsewhere Specified or Included in Canada - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Canada (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Canada (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Canada
- Exports of Mineral Substances Not Elsewhere Specified or Included in Canada
Price for Mineral Substances Not Elsewhere Specified or Included in Canada (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $240 per ton, picking up by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($840 per ton), while the price for Greece ($142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Canada (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $135 per ton, with an increase of 5.5% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices attained the maximum at $320 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -9.0% per year.
Imports of Mineral Substances Not Elsewhere Specified or Included in Canada
In 2022, imports of mineral substances not elsewhere specified or includeds into Canada declined sharply to 135K tons, falling by -18.3% on 2021. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 0.3% against the previous year.
In value terms, imports of mineral substances not elsewhere specified or includeds dropped modestly to $32M in 2022. Over the period under review, imports showed a noticeable decline. The smallest decline of -0.7% was in 2021.
| Import of Mineral Substances Not Elsewhere Specified or Included in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.3 | 23.5 | 21.6 | 20.8 | -5.1% |
| Greece | 5.5 | 5.6 | 4.7 | 6.2 | 4.1% |
| Others | 6.9 | 4.7 | 7.4 | 5.4 | -7.8% |
| Total | 36.8 | 33.9 | 33.6 | 32.3 | -4.3% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Canada in 2022:
- United States (85.0K tons)
- Greece (43.5K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Canada
Exports of mineral substances not elsewhere specified or includeds from Canada dropped to 151K tons in 2022, falling by -7.6% against the previous year's figure. Over the period under review, exports faced a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 1.5% against the previous year.
In value terms, exports of mineral substances not elsewhere specified or includeds shrank to $20M in 2022. Overall, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 3.5% against the previous year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.4 | 19.6 | 20.1 | 18.6 | -13.2% |
| Others | 0.8 | 0.6 | 0.9 | 1.9 | 33.4% |
| Total | 29.2 | 20.3 | 21.0 | 20.4 | -11.3% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Canada in 2022:
- United States (150.2K tons)
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