Canada - Mixed Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCanada's June 2023 Import of Mixed Fertilizer Drops to $49M
Canada Mixed Fertilizer Imports
In June 2023, overseas purchases of mixed fertilizers decreased by -70.8% to 71K tons, falling for the second month in a row after three months of growth. Over the period under review, imports showed a slight reduction. The most prominent rate of growth was recorded in September 2022 with an increase of 97% against the previous month.
In value terms, mixed fertilizer imports fell dramatically to $49M (IndexBox estimates) in June 2023. Overall, imports showed a perceptible slump. The most prominent rate of growth was recorded in September 2022 with an increase of 92% m-o-m. 
| COUNTRY | Import Value of Mixed Fertilizer in Canada (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| United States | 61.3 | 45.9 | 74.6 | 143 | 119 | 143 | 110 | 96.5 | 94.7 | 122 | 143 | 137 | 43.7 |
| Morocco | 5.4 | 1.5 | 2.9 | 10.0 | 35.5 | 64.8 | 39.8 | 13.3 | 17.0 | 20.5 | 22.8 | 26.1 | 3.1 |
| Others | 2.6 | 1.7 | 4.8 | 4.0 | 3.4 | 3.1 | 1.6 | 1.8 | 7.2 | 3.6 | 5.0 | 2.8 | 1.8 |
| Total | 69.2 | 49.1 | 82.2 | 158 | 158 | 211 | 151 | 112 | 119 | 146 | 171 | 166 | 48.6 |
Imports by Country
In June 2023, the United States (65K tons) was the main supplier of mixed fertilizer to Canada, accounting for a 92% share of total imports. Moreover, mixed fertilizer imports from the United States exceeded the figures recorded by the second-largest supplier, Morocco (4.5K tons), more than tenfold.
From June 2022 to June 2023, the average monthly growth rate of volume from the United States totaled -1.8%.
In value terms, the United States ($44M) constituted the largest supplier of mixed fertilizer to Canada, comprising 90% of total imports. The second position in the ranking was taken by Morocco ($3.1M), with a 6.3% share of total imports.
From June 2022 to June 2023, the average monthly growth rate of value from the United States totaled -2.8%.
Imports by Type
In June 2023, monoammonium phosphate (MAP) (55K tons) constituted the largest type of mixed fertilizer supplied to Canada, accounting for a 77% share of total imports. Moreover, monoammonium phosphate (MAP) exceeded the figures recorded for the second-largest type, mixed nitrogen, phosphorus and potassium (NPK) fertilizers (9.1K tons), sixfold. Fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (5.6K tons) ranked third in terms of total imports with a 7.9% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of import of monoammonium phosphate (MAP) amounted to -1.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: mixed nitrogen, phosphorus and potassium (NPK) fertilizers (+1.5% per month) and fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates (-3.6% per month).
In value terms, monoammonium phosphate (MAP) ($40M) constituted the largest type of mixed fertilizer supplied to Canada, comprising 83% of total imports. The second position in the ranking was held by fertilizers, mineral or chemical; containing the two fertilizing elements nitrogen and phosphorus, other than nitrates and phosphates ($3.6M), with a 7.4% share of total imports. It was followed by mixed nitrogen, phosphorus and potassium (NPK) fertilizers, with a 6.6% share.
Import Prices by Country
In June 2023, the mixed fertilizer price stood at $688 per ton (CIF, Canada), approximately reflecting the previous month. Overall, the import price, however, showed a slight decline. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 2.1% against the previous month. Over the period under review, average import prices attained the maximum at $800 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($673 per ton), while the price for Morocco totaled $672 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-1.0%).
This report provides an in-depth analysis of the mixed fertilizer 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 20157130 -
- Prodcom 20157180 -
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
- Prodcom 20157100 - Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium (excluding those in tablets or similar forms, or in packages with a gross weight of . .10 kg)
- Prodcom 20157200 - Diammonium hydrogenorthophosphate (diammonium phosphate) (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
- Prodcom 20157300 - Ammonium dihydrogenorthophosphate (monoammonium phosphate)
- Prodcom 20157400 - Other mineral or chemical fertilisers containing the two fertilising elements nitrogen and phosphorus
- Prodcom 20157500 - Mineral or chemical fertilisers containing the two fertilising elements phosphorus and 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
