Canada - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Sulphate Price in Canada - 2023
Contents:
- Ammonium Sulphate Price in Canada (FOB) - 2023
- Ammonium Sulphate Price in Canada (CIF) - 2023
- Ammonium Sulphate Exports in Canada
- Ammonium Sulphate Imports in Canada
Ammonium Sulphate Price in Canada (FOB) - 2023
The average ammonium sulphate export price stood at $419 per ton in June 2023, approximately mirroring the previous month. In general, the export price showed a pronounced reduction. The pace of growth was the most pronounced in July 2022 when the average export price increased by 14% m-o-m. As a result, the export price attained the peak level of $659 per ton. From August 2022 to June 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -2.6% per month.
Ammonium Sulphate Price in Canada (CIF) - 2023
In June 2023, the average ammonium sulphate import price amounted to $525 per ton, with an increase of 14% against the previous month. In general, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 59% m-o-m. The import price peaked at $646 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($5,091 per ton), while the price for Belgium ($448 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Ammonium Sulphate Exports in Canada
In 2022, overseas shipments of ammonium sulphate decreased by -10.7% to 387K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 440K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ammonium sulphate exports surged to $201M in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 105% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
Export of Ammonium Sulphate in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 54.1 | 111 | 133 | 201 | 54.9% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 54.3 | 111 | 133 | 201 | 54.7% |
Top Export Markets for Ammonium Sulphate from Canada in 2022:
- United States (386.5K tons)
Ammonium Sulphate Imports in Canada
In 2022, supplies from abroad of ammonium sulphate was finally on the rise to reach 163K tons after two years of decline. Overall, imports, however, showed a pronounced reduction.
In value terms, ammonium sulphate imports soared to $81M in 2022. In general, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ammonium Sulphate in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 37.8 | 27.9 | 28.4 | 48.3 | 8.5% |
Belgium | N/A | N/A | N/A | 15.9 | 0% |
Netherlands | 7.9 | 3.2 | 16.2 | 13.5 | 19.6% |
Germany | 2.5 | 1.3 | 0.2 | 0.7 | -34.6% |
China | 1.2 | 1.7 | 0.9 | 0.6 | -20.6% |
Others | 0.1 | 0.3 | 0.1 | 2.5 | 192.4% |
Total | 49.5 | 34.3 | 45.8 | 81.5 | 18.1% |
Top Suppliers of Ammonium Sulphate to Canada in 2022:
- United States (102.3K tons)
- Belgium (31.6K tons)
- Netherlands (24.3K tons)
- Germany (3.5K tons)
- China (0.8K tons)
This report provides an in-depth analysis of the ammonium sulphate market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4002 - Ammonium sulphate
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Ammonium Sulphate exports reached a peak in 2023 and are projected to continue growing in the short term. The value of these exports decreased to $187M in 2023.
The pace of growth for Ammonium Sulphate appeared to be the most rapid in March 2023 with a month-on-month increase of 78%. In terms of value, exports of Ammonium Sulphate significantly declined to $14M in September 2023.
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