Canada - Nitrates (Excluding Those Of Potassium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNitrates Price in Canada - 2023
Contents:
- Nitrates Price in Canada (CIF) - 2022
- Nitrates Price in Canada (FOB) - 2023
- Nitrates Imports in Canada
- Nitrates Exports in Canada
Nitrates Price in Canada (CIF) - 2022
In 2022, the average nitrates import price amounted to $894 per ton, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The pace of growth was the most pronounced in 2015 an increase of 29%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
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 Belgium ($2,224 per ton), while the price for Norway ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrates Price in Canada (FOB) - 2023
The average nitrates export price stood at $3,623 per ton in June 2023, shrinking by -17.8% against the previous month. Overall, the export price, however, recorded prominent growth. The growth pace was the most rapid in March 2023 an increase of 581% against the previous month. As a result, the export price attained the peak level of $5,314 per ton. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,423 per ton), while the average price for exports to China totaled $975 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%).
Nitrates Imports in Canada
In 2022, the amount of nitrates (excluding those of potassium) imported into Canada totaled 23K tons, picking up by 5.1% on 2021. Over the period under review, imports, however, recorded a mild slump.
In value terms, nitrates imports soared to $21M in 2022. In general, imports, however, showed a relatively flat trend pattern.
Import of Nitrates in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.4 | 3.5 | 4.3 | 6.3 | 12.7% |
Malaysia | N/A | N/A | N/A | 3.7 | 0% |
China | 9.9 | 7.0 | 7.3 | 3.5 | -29.3% |
Belgium | 2.9 | 2.0 | 3.0 | 1.8 | -14.7% |
Norway | 0.7 | 0.5 | 0.8 | 1.4 | 26.0% |
Poland | 0.5 | 0.6 | 0.4 | 1.0 | 26.0% |
Netherlands | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Others | 2.1 | 1.0 | 1.0 | 2.8 | 10.1% |
Total | 20.8 | 14.8 | 16.8 | 20.6 | -0.3% |
Top Suppliers of Nitrates to Canada in 2022:
- United States (12.9K tons)
- Norway (3.2K tons)
- Malaysia (1.8K tons)
- China (1.6K tons)
- Poland (1.1K tons)
- Belgium (0.8K tons)
- Netherlands (0.6K tons)
Nitrates Exports in Canada
In 2022, the amount of nitrates (excluding those of potassium) exported from Canada plummeted to 1.3K tons, falling by -31.4% on the previous year's figure. Over the period under review, exports saw a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 56%.
In value terms, nitrates exports amounted to $1.7M in 2022. Overall, exports faced a deep reduction.
Export of Nitrates in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.2 | 1.8 | 1.7 | 1.6 | -20.6% |
Netherlands | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.2 | 1.8 | 1.7 | 1.7 | -19.0% |
Top Export Markets for Nitrates from Canada in 2022:
- United States (1237.5 tons)
- Netherlands (28.6 tons)
This report provides an in-depth analysis of the nitrates 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:
- Prodcom 20134210 - Nitrates (excluding those of potassium)
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
This report provides an in-depth analysis of the nitrates market in Canada.
This report provides an in-depth analysis of the potassium nitrate market in Canada.
This report provides an in-depth analysis of the nitrites market in Canada.
This report provides an in-depth analysis of the global nitrates market.
This report provides an in-depth analysis of the global potassium nitrate market.
This report provides an in-depth analysis of the global nitrites market.
This report provides an in-depth analysis of the nitrates market in Canada.
This report provides an in-depth analysis of the potassium nitrate market in Canada.
This report provides an in-depth analysis of the nitrites market in Canada.
This report provides an in-depth analysis of the global nitrates market.
The import growth of Potassium Nitrate was the most rapid in April 2023, with a remarkable month-to-month increase of 138%. In June 2023, the value of Potassium Nitrate imports surged to $2.4M.
In September 2022, the nitrites price stood at $1,731 per ton (CIF, Canada), with an increase of 41% against the previous month.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
The import growth of Potassium Nitrate was the most rapid in April 2023, with a remarkable month-to-month increase of 138%. In June 2023, the value of Potassium Nitrate imports surged to $2.4M.
In September 2022, the nitrites price stood at $1,731 per ton (CIF, Canada), with an increase of 41% against the previous month.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...