Report Update Nov 1, 2024

Canada - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Monoammonium Phosphate Market 2024

Monoammonium Phosphate Market Size in Canada

The Canadian monoammonium phosphate market rose rapidly to $X in 2022, picking up by 7.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a strong increase. Monoammonium phosphate consumption peaked in 2022 and is expected to retain growth in years to come.

Monoammonium Phosphate Exports

Exports from Canada

In 2022, shipments abroad of monoammonium phosphate (MAP) decreased by -56.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 with an increase of 626% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, monoammonium phosphate exports shrank significantly to $X in 2022. Overall, exports showed a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of 312%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for monoammonium phosphate exports from Canada, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -23.9%.

In value terms, the United States ($X) also remains the key foreign market for monoammonium phosphate (MAP) exports from Canada.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -21.5%.

Export Prices by Country

The average monoammonium phosphate export price stood at $X per ton in 2022, rising by 44% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoammonium phosphate export price increased by +88.1% against 2020 indices. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.1% per year.

Monoammonium Phosphate Imports

Imports into Canada

In 2022, overseas purchases of monoammonium phosphate (MAP) decreased by -15.5% to X tons for the first time since 2013, thus ending a eight-year rising trend. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by 27%. Imports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, monoammonium phosphate imports skyrocketed to $X in 2022. Overall, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of monoammonium phosphate to Canada, with a 81% share of total imports. Moreover, monoammonium phosphate imports from the United States exceeded the figures recorded by the second-largest supplier, Morocco (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+100.3% per year) and Russia (-0.1% per year).

In value terms, the United States ($X) constituted the largest supplier of monoammonium phosphate (MAP) to Canada, comprising 80% of total imports. The second position in the ranking was held by Morocco ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+114.3% per year) and Russia (+3.0% per year).

Import Prices by Country

In 2022, the average monoammonium phosphate import price amounted to $X per ton, increasing by 43% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, monoammonium phosphate import price increased by +135.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 65% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for monoammonium phosphate (map) in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, with a combined 43% share of global consumption. These countries were followed by Canada, Russia, Nigeria, Mexico, Australia, South Korea, Iran, Argentina, Tanzania and Saudi Arabia, which together accounted for a further 27%.

What are the largest producers of monoammonium phosphate (map) in the world?

China remains the largest monoammonium phosphate producing country worldwide, accounting for 30% of total volume. Moreover, monoammonium phosphate production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Russia, with a 9.3% share.

What are the leading suppliers of monoammonium phosphate (map) to Canada?

In value terms, the United States constituted the largest supplier of monoammonium phosphate to Canada, comprising 68% of total imports. The second position in the ranking was occupied by Morocco, with a 24% share of total imports.

What are the leading importers of monoammonium phosphate (map) from Canada?

In value terms, the United States remains the key foreign market for monoammonium phosphate exports from Canada.

What is the average export price for monoammonium phosphate (map) in Canada?

The average monoammonium phosphate export price stood at $605 per ton in 2021, surging by 31% against the previous year.

What is the average import price for monoammonium phosphate (map) in Canada?

In 2021, the average monoammonium phosphate import price amounted to $570 per ton, jumping by 64% against the previous year.

This report provides an in-depth analysis of the monoammonium phosphate 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 4023 -

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:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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How to diversify your business and benefit from new market opportunities
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023