Northern America: Ammonium Sulphate Market 2023

Ammonium Sulphate Market Size in Northern America

In 2021, after four years of growth, there was significant decline in the North American ammonium sulphate market, when its value decreased by -6.2% to $X. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Ammonium Sulphate Production in Northern America

In value terms, ammonium sulphate production shrank to $X in 2021 estimated in export price. In general, production recorded a perceptible downturn. The growth pace was the most rapid in 2020 with an increase of 13%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Ammonium Sulphate Exports

Exports in Northern America

In 2021, overseas shipments of ammonium sulphate increased by 9.2% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, exports, however, continue to indicate a perceptible contraction. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ammonium sulphate exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 20%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States was the largest exporter of ammonium sulphate in Northern America, with the volume of exports amounting to X tons, which was near 58% of total exports in 2021. It was distantly followed by Canada (X tons), creating a 42% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +4.9%).

In value terms, the largest ammonium sulphate supplying countries in Northern America were Canada ($X) and the United States ($X).

In terms of the main exporting countries, Canada, with a CAGR of +6.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 9.5% against the previous year. Over the period under review, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2020 when the export price increased by 18% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.4%).

Ammonium Sulphate Imports

Imports in Northern America

In 2021, purchases abroad of ammonium sulphate increased by 1.1% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of 47%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, ammonium sulphate imports soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +105.6% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the major importer of ammonium sulphate in Northern America, with the volume of imports reaching X tons, which was near 87% of total imports in 2021. It was distantly followed by Canada (X tons), mixing up a 13% share of total imports.

The United States was also the fastest-growing in terms of the ammonium sulphate imports, with a CAGR of +14.3% from 2012 to 2021. Canada experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United States increased by +21 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported ammonium sulphate in Northern America, comprising 82% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

In the United States, ammonium sulphate imports increased at an average annual rate of +11.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, growing by 29% against the previous year. Overall, the import price, however, recorded a pronounced downturn. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-2.2%).

Source: IndexBox Market Intelligence Platform

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