Canada: Pyrites Market Overview 2020

Pyrites Market Size in Canada

The revenue of the pyrites market in Canada amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, pyrites consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Pyrites consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Pyrites Exports

Exports from Canada

In 2018, the amount of pyrites exported from Canada stood at X tonnes, waning by -X% against the previous year. Over the period under review, pyrites exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, pyrites exports reached their peak figure at X tonnes in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, pyrites exports totaled $X in 2018. Overall, pyrites exports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

Italy (X tonnes) was the main destination for pyrites exports from Canada, with a X% share of total exports. Moreover, pyrites exports to Italy exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and the UK (-X% per year).

In value terms, Italy ($X) remains the key foreign market for pyrites exports from Canada, comprising X% of total pyrites exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and China (+X% per year).

Export Prices by Country

The average pyrites export price stood at $X per tonne in 2018, going down by -X% against the previous year. In general, the pyrites export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Pyrites Imports

Imports into Canada

In 2018, the amount of pyrites imported into Canada amounted to X tonnes, increasing by X% against the previous year. Overall, pyrites imports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, pyrites imports reached their peak of X tonnes. From 2014 to 2018, the growth of pyrites imports failed to regain its momentum.

In value terms, pyrites imports stood at $X in 2018. In general, pyrites imports continue to indicate skyrocketing growth. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of pyrites to Canada, with a X% share of total imports. Moreover, pyrites imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of pyrites to Canada, comprising X% of total pyrites imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Italy totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Germany (X% per year).

Import Prices by Country

In 2018, the average pyrites import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the pyrites import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The import price peaked at $X per tonne in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S. (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform