Canada: Pyrites Market 2022

Pyrites Market Size in Canada

For the third consecutive year, the Canadian pyrites market recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, consumption showed a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pyrites Production in Canada

In value terms, pyrites production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Pyrites Exports

Exports from Canada

In 2021, after two years of growth, there was decline in overseas shipments of pyrites, when their volume decreased by -X% to X tonnes. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X tonnes in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, pyrites exports contracted slightly to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tonnes) was the main destination for pyrites exports from Canada, accounting for a X% share of total exports. Moreover, pyrites exports to Italy exceeded the volume sent to the second major destination, the United States (X tonnes), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +X%.

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

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +X%.

Export Prices by Country

In 2021, the average pyrites export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per tonne. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Italy ($X per tonne), while the average price for exports to the United States stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%).

Pyrites Imports

Imports into Canada

For the fourth consecutive year, Canada recorded growth in overseas purchases of pyrites, which increased by X% to X tonnes in 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pyrites imports skyrocketed to $X in 2021. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Italy (X tonnes) was the main supplier of pyrites to Canada, accounting for a X% share of total imports. Moreover, pyrites imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +X%.

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

From 2012 to 2021, the average annual growth rate of value from Italy totaled +X%.

Import Prices by Country

The average pyrites import price stood at $X per tonne in 2021, reducing by -X% against the previous year. In general, the import price continues to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per tonne), while the price for the United States totaled $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-X%).

Source: IndexBox Platform