Canada - Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada - 2023
Contents:
- Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (FOB) - 2023
- Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (CIF) - 2023
- Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada
- Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada
Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (FOB) - 2023
In October 2023, the average export price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution amounted to $278 per ton, standing approximately at the previous month. In general, the export price, however, saw a abrupt contraction. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 4.8% month-to-month. The export price peaked at $525 per ton in October 2022; however, from November 2022 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -5.2% per month.
Price for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (CIF) - 2023
The average import price for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution stood at $372 per ton in October 2023, picking up by 8.3% against the previous month. Overall, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in February 2023 an increase of 59% month-to-month. Over the period under review, average import prices hit record highs at $665 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($609 per ton), while the price for the United States totaled $369 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada
In 2022, the amount of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution exported from Canada was estimated at 467K tons, growing by 2.6% on 2021 figures. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 12%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution soared to $244M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 102 | 85.1 | 131 | 244 | 33.7% |
| Others | N/A | 0.4 | 0.1 | 0.1 | -50.0% |
| Total | 102 | 85.5 | 131 | 244 | 33.7% |
Top Export Markets for Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution from Canada in 2022:
- United States (466.5K tons)
Imports of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada
In 2022, approx. 596K tons of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution were imported into Canada; with an increase of 67% against the previous year's figure. Over the period under review, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution skyrocketed to $178M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 127%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.6 | 13.6 | 9.7 | 87.1 | 54.5% |
| Trinidad and Tobago | 17.5 | 15.0 | 36.6 | 70.7 | 59.3% |
| Netherlands | N/A | N/A | N/A | 10.6 | 0% |
| Russia | 16.9 | 8.7 | 24.3 | 8.6 | -20.2% |
| Lithuania | 11.6 | N/A | 4.0 | N/A | -41.3% |
| Estonia | 5.2 | 8.1 | 24.4 | N/A | 116.6% |
| Others | 2.7 | 2.9 | 10.5 | 1.5 | -17.8% |
| Total | 77.6 | 48.2 | 110 | 178 | 31.9% |
Top Suppliers of Mixtures of Urea and Ammonium Nitrate in Aqueous or Ammoniacal Solution to Canada in 2022:
- United States (320.8K tons)
- Trinidad and Tobago (230.0K tons)
- Russia (27.6K tons)
- Netherlands (16.0K tons)
This report provides an in-depth analysis of the market for mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution 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 4006 - Urea and ammonium nitrate solutions (UAN)
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
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