Canada: Bentonite Market 2021

Bentonite Market Size in Canada

In 2019, the Canadian bentonite market increased by X% to $X, rising for the third year in a row after four years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in the immediate term.

Bentonite Production in Canada

In value terms, bentonite production expanded rapidly to $X in 2019 estimated in export prices. In general, production showed a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Bentonite Exports

Exports from Canada

For the fourth year in a row, Canada recorded decline in shipments abroad of bentonite, which decreased by -X% to X tons in 2019. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, bentonite exports stood at $X in 2019. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports failed to regain the momentum.

Exports by Country

In 2019, India (X tons), distantly followed by the U.S. (X tons), Turkey (X tons), Italy (X tons) and China (X tons) represented the largest exporters of bentonite, together constituting X% of total exports. The following exporters - Slovakia (X tons), Azerbaijan (X tons), the Czech Republic (X tons), the Netherlands (X tons), Germany (X tons) and Greece (X tons) - together made up X% of total exports.

From 2007 to 2019, the biggest increases were in Greece, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bentonite supplying countries from Canada were the U.S. ($X), Turkey ($X) and India ($X), together accounting for X% of total exports.

Turkey recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the bentonite export price in Canada amounted to $X per ton, increasing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports into Canada

In 2019, purchases abroad of bentonite increased by X% to X tons, rising for the third year in a row after four years of decline. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, bentonite imports soared to $X in 2019. In general, total imports indicated a measured increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of bentonite imports in 2019 were Germany (X tons), Indonesia (X tons), the Netherlands (X tons), Malaysia (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Thailand (X tons), the UK (X tons), Japan (X tons), France (X tons) and Italy (X tons), together recording X% of total import. China (X tons) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of total imports. These countries were followed by China, Thailand, France, the UK, Indonesia, Saudi Arabia, Poland, Russia, Malaysia and Italy, which together accounted for a further X terms of the main importing countries, Thailand recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The bentonite import price in Canada stood at $X per ton in 2019, rising by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform