Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada - 2024
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $534 per ton in 2022, with a decrease of -2.7% against the previous year. Over the period under review, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $1,318 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($593 per ton), while the average price for exports to Australia ($513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $399 per ton, stabilizing at the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $828 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($628 per ton), while the price for the United States stood at $360 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada
In 2022, approx. 7.2K tons of fertilizers, mineral or chemical were exported from Canada; picking up by 121% against the year before. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 163% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of fertilizers, mineral or chemical soared to $3.9M in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 183% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 203 | 78.6 | 766 | 2,069 | 116.8% |
| Australia | N/A | 46.6 | 219 | 1,110 | 388.1% |
| Indonesia | 418 | 509 | 810 | 686 | 18.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 621 | 635 | 1,794 | 3,865 | 83.9% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Canada in 2022:
- United States (3.9K tons)
- Australia (2.2K tons)
- Indonesia (1.2K tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada
Imports of fertilizers, mineral or chemical into Canada skyrocketed to 6.4K tons in 2022, rising by 25% compared with the previous year's figure. Overall, imports, however, showed a deep contraction.
In value terms, imports of fertilizers, mineral or chemical soared to $2.5M in 2022. Over the period under review, imports, however, continue to indicate a deep downturn.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.9 | 2.0 | 1.4 | 2.0 | -20.0% |
| China | 0.6 | 0.2 | 0.6 | 0.6 | 0.0% |
| Russia | 0.4 | 1.3 | N/A | N/A | 225.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 3.6 | 2.0 | 2.5 | -19.5% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Canada in 2022:
- United States (5.5K tons)
- China (0.9K tons)
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