Canada: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Canada

In 2021, the Canadian ammonium chloride market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, recorded a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Ammonium Chloride Production in Canada

In value terms, ammonium chloride production surged to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 54%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Ammonium Chloride Exports

Exports from Canada

In 2021, after three years of growth, there was significant decline in shipments abroad of ammonium chloride, when their volume decreased by -55.2% to X tons. Overall, exports showed a mild curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 256% against the previous year. The exports peaked at X tons in 2020, and then declined markedly in the following year.

In value terms, ammonium chloride exports reduced sharply to $X in 2021. In general, exports, however, saw a slight increase. The growth pace was the most rapid in 2016 with an increase of 177% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then dropped rapidly in the following year.

Exports by Country

The United States (X tons), Mexico (X tons) and South Korea (X tons) were the main destinations of ammonium chloride exports from Canada, together comprising 78% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +85.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ammonium chloride exports from Canada, comprising 68% of total exports. The second position in the ranking was held by Mexico ($X), with a 17% share of total exports. It was followed by South Korea, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+51.6% per year) and South Korea (+81.3% per year).

Export Prices by Country

In 2021, the average ammonium chloride export price amounted to $X per ton, rising by 56% against the previous year. In general, the export price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2013 an increase of 79%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Chloride Imports

Imports into Canada

In 2021, the amount of ammonium chloride imported into Canada surged to X tons, with an increase of 33% compared with the previous year's figure. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.3% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ammonium chloride imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 31%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest ammonium chloride supplier to Canada, with a 59% share of total imports. Moreover, ammonium chloride imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.5% per year) and Germany (+45.0% per year).

In value terms, the United States ($X) constituted the largest supplier of ammonium chloride to Canada, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.5% per year) and Germany (+25.8% per year).

Import Prices by Country

In 2021, the average ammonium chloride import price amounted to $X per ton, shrinking by -10% against the previous year. Overall, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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