Canada: Sulphur Market 2022

Sulphur Market Size in Canada

The Canadian sulphur market contracted slightly to $X in 2020, waning by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market failed to regain the momentum.

Sulphur Production in Canada

In value terms, sulphur production soared to $X in 2020 estimated in export prices. In general, the total production indicated perceptible growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Sulphur Exports

Exports from Canada

In 2020, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported from Canada soared to X tonnes, growing by X% against the previous year. Overall, exports recorded a resilient increase. Exports peaked at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, sulphur exports declined markedly to $X in 2020. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Morocco (X tonnes) was the main destination for sulphur exports from Canada, with a X% share of total exports. Moreover, sulphur exports to Morocco exceeded the volume sent to the second major destination, China (X tonnes), more than tenfold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Morocco amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Australia (+X% per year).

In value terms, the largest markets for sulphur exported from Canada were China ($X), Cuba ($X) and Chile ($X), with a combined X% share of total exports.

Chile saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sulphur export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Cuba ($X per tonne), while the average price for exports to Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cuba, while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Canada

In 2020, after three years of growth, there was significant decline in supplies from abroad of sulphur (sublimed or precipitated) and colloidal sulphur, when their volume decreased by -X% to X tonnes. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes, and then reduced sharply in the following year.

In value terms, sulphur imports contracted to $X in 2020. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of sulphur to Canada, with a X% share of total imports. Moreover, sulphur imports from the U.S. exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and India (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and India (+X% per year).

Import Prices by Country

In 2020, the average sulphur import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform