Canada: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Canada

The Canadian calcium carbonate market rose modestly to $X in 2021, growing by 1.9% against the previous year. Over the period under review, consumption, however, recorded a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Calcium Carbonate Production in Canada

In value terms, calcium carbonate production declined to $X in 2021 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -20.0% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by 41%. Calcium carbonate production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Calcium Carbonate Exports

Exports from Canada

Calcium carbonate exports from Canada skyrocketed to X tons in 2021, increasing by 147% against 2020. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, calcium carbonate exports soared to $X in 2021. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 102%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X tons) was the main destination for calcium carbonate exports from Canada, with a 98% share of total exports. It was followed by Uruguay (X tons), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +29.4%.

In value terms, the United States ($X) remains the key foreign market for calcium carbonate exports from Canada, comprising 99% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +21.4%.

Export Prices by Country

The average calcium carbonate export price stood at $X per ton in 2021, falling by -38.6% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 73%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Uruguay amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.1%).

Calcium Carbonate Imports

Imports into Canada

In 2021, overseas purchases of calcium carbonate increased by 38% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports, however, showed a deep setback. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, calcium carbonate imports soared to $X in 2021. In general, imports, however, recorded a perceptible setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of calcium carbonate to Canada, with a 87% share of total imports. Moreover, calcium carbonate imports from the United States exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+36.8% per year) and China (+48.6% per year).

In value terms, the United States ($X) constituted the largest supplier of calcium carbonate to Canada, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 25% share of total imports. It was followed by India, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+57.3% per year) and India (+44.9% per year).

Import Prices by Country

In 2021, the average calcium carbonate import price amounted to $X per ton, with a decrease of -9.9% against the previous year. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 94% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, 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 China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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