Canada: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Canada

The Canadian phosphorus, arsenic and selenium market expanded slightly to $X in 2021, surging by 1.9% 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). In general, consumption showed a significant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports from Canada

For the fourth consecutive year, Canada recorded decline in shipments abroad of phosphorus, arsenic and selenium, which decreased by -4.3% to X tons in 2021. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 1,035%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium exports expanded remarkably to $X in 2021. Over the period under review, exports recorded a dramatic setback. The pace of growth was the most pronounced in 2017 when exports increased by 851%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Hong Kong SAR (X tons) and Poland (X tons) were the main destinations of phosphorus, arsenic and selenium exports from Canada, with a combined 67% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +31.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for phosphorus, arsenic and selenium exported from Canada were China ($X), Hong Kong SAR ($X) and Poland ($X), with a combined 66% share of total exports.

Poland, with a CAGR of +33.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average phosphorus, arsenic and selenium export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 34%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Honduras ($X per ton), while the average price for exports to Italy ($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 Italy (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphorus, Arsenic And Selenium

Imports into Canada

In 2021, supplies from abroad of phosphorus, arsenic and selenium was finally on the rise to reach X tons after two years of decline. Overall, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -33.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 43%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium imports stood at $X in 2021. In general, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by 52% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of phosphorus, arsenic and selenium to Canada, accounting for a 87% share of total imports. Moreover, phosphorus, arsenic and selenium imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.5% per year) and India (-5.1% per year).

In value terms, the United States ($X) constituted the largest supplier of phosphorus, arsenic and selenium to Canada, comprising 82% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.1% per year) and India (-9.1% per year).

Import Prices by Country

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, increasing by 2.8% against the previous year. In general, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 75%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United States ($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 (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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