Canada - Monoammonium Phosphate (MAP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonoammonium Phosphate Price in Canada - 2023
Contents:
- Monoammonium Phosphate Price in Canada (CIF) - 2023
- Monoammonium Phosphate Price in Canada (FOB) - 2023
- Monoammonium Phosphate Imports in Canada
- Monoammonium Phosphate Exports in Canada
Monoammonium Phosphate Price in Canada (CIF) - 2023
The average monoammonium phosphate import price stood at $630 per ton in September 2023, picking up by 11% against the previous month. Overall, the import price, however, continues to indicate a perceptible setback. The import price peaked at $866 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Morocco ($644 per ton), while the price for the United States amounted to $622 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (-2.3%).
Monoammonium Phosphate Price in Canada (FOB) - 2023
The average monoammonium phosphate export price stood at $685 per ton in September 2023, with an increase of 15% against the previous month. Overall, the export price, however, recorded a slight decrease. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 56% against the previous month. As a result, the export price reached the peak level of $1,379 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -1.9% per month.
Monoammonium Phosphate Imports in Canada
In 2022, after three years of growth, there was significant decline in supplies from abroad of monoammonium phosphate (MAP), when their volume decreased by -15.5% to 1.5M tons. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 1.8M tons, and then shrank dramatically in the following year.
In value terms, monoammonium phosphate imports surged to $1.2B in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Monoammonium Phosphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 500 | 459 | 674 | 973 | 24.8% |
| Morocco | 59.4 | 49.5 | 252 | 207 | 51.6% |
| Russia | 26.0 | 15.7 | 71.5 | 23.1 | -3.9% |
| Others | 4.5 | 2.8 | 8.8 | 14.1 | 46.3% |
| Total | 590 | 527 | 1,006 | 1,217 | 27.3% |
Top Suppliers of Monoammonium Phosphate to Canada in 2022:
- United States (1210.1K tons)
- Morocco (231.0K tons)
- Russia (31.5K tons)
Monoammonium Phosphate Exports in Canada
After three years of growth, shipments abroad of monoammonium phosphate (MAP) decreased by -56.8% to 5K tons in 2022. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 177% against the previous year. As a result, the exports attained the peak of 12K tons, and then shrank remarkably in the following year.
In value terms, monoammonium phosphate exports reduced markedly to $4.4M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 262%. As a result, the exports attained the peak of $7M, and then fell sharply in the following year.
| Export of Monoammonium Phosphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 1.9 | 7.0 | 4.4 | 40.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.9 | 7.0 | 4.4 | 40.1% |
Top Export Markets for Monoammonium Phosphate from Canada in 2022:
- United States (5.0K tons)
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 - Monoammonium phosphate (MAP)
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:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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