Canada: Market for Calcium Ammonium Nitrate (CAN) 2024

Market Size for Calcium Ammonium Nitrate (CAN) in Canada

The Canadian calcium ammonium nitrate (CAN) market stood at $X in 2021, remaining constant against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Calcium Ammonium Nitrate (CAN) in Canada

In value terms, calcium ammonium nitrate (CAN) production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. Over the period under review, production reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Canada

For the sixth consecutive year, Canada recorded growth in shipments abroad of calcium ammonium nitrate (CAN), which increased by 3.6% to X tons in 2021. In general, exports saw significant growth. The growth pace was the most rapid in 2019 with an increase of 133% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, calcium ammonium nitrate (CAN) exports totaled $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 227%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Canada, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +25.7%.

In value terms, the United States ($X) also remains the key foreign market for calcium ammonium nitrate (CAN) exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +29.7%.

Export Prices by Country

In 2021, the average calcium ammonium nitrate (CAN) export price amounted to $X per ton, leveling off at the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcium ammonium nitrate (CAN) export price increased by +139.8% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.2% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Canada

In 2021, purchases abroad of calcium ammonium nitrate (CAN) decreased by -0.5% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcium ammonium nitrate (CAN) imports surged to $X in 2021. In general, imports, however, showed moderate growth. The growth pace was the most rapid in 2019 with an increase of 38%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Canada, together comprising 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +134.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest calcium ammonium nitrate (CAN) suppliers to Canada were the Netherlands ($X), Germany ($X) and Belgium ($X), together comprising 98% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +115.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average calcium ammonium nitrate (CAN) import price amounted to $X per ton, rising by 38% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 52%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat 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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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