Northern America: Pyrites Market 2022

Pyrites Market Size in Northern America

For the third year in a row, the North American pyrites market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption showed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pyrites Production in Northern America

In value terms, pyrites production shrank modestly 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 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020, and then declined in the following year.

Production By Country in Northern America

The country with the largest volume of pyrites production was Canada (X tonnes), comprising approx. X% of total volume. Moreover, pyrites production in Canada exceeded the figures recorded by the second-largest producer, the United States (X tonnes), more than tenfold.

In Canada, pyrites production increased at an average annual rate of +X% over the period from 2012-2021.

Pyrites Exports

Exports in Northern America

In 2021, after five years of growth, there was significant decline in shipments abroad of pyrites, when their volume decreased by -X% to X tonnes. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2020, and then declined sharply in the following year.

In value terms, pyrites exports contracted markedly to $X in 2021. In general, exports enjoyed tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then reduced rapidly in the following year.

Exports by Country

The United States prevails in exports structure, reaching X tonnes, which was approx. X% of total exports in 2021. Canada (X tonnes) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the pyrites exports, with a CAGR of -X% from 2012 to 2021. Canada (-X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest pyrites supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the United States, pyrites exports expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per tonne in 2021, jumping by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pyrites export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2016 to 2021, the the export prices failed to regain momentum.

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

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

Pyrites Imports

Imports in Northern America

In 2021, approx. X tonnes of pyrites were imported in Northern America; rising by X% compared with the previous year's figure. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pyrites imports skyrocketed to $X in 2021. In general, imports showed a pronounced decrease. The growth pace was the most rapid in 2015 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Canada prevails in imports structure, recording X tonnes, which was approx. X% of total imports in 2021. It was distantly followed by the United States (X tonnes), mixing up a X% share of total imports.

Canada was also the fastest-growing in terms of the pyrites imports, with a CAGR of +X% from 2012 to 2021. At the same time, the United States (+X%) displayed positive paces of growth. While the share of Canada (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported pyrites in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the United States, pyrites imports plunged by an average annual rate of -X% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per tonne. From 2018 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per tonne), while Canada amounted to $X per tonne.

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

Source: IndexBox Platform