Fertilizer Manufacturing in Canada - Industry Market Research Report

Fertilizer Manufacturing in Canada - Industry Market Research Report

  • December 2021 •
  • 41 pages •
  • Report ID: 4564029 •
  • Format: PDF
Prepped for growth: Industry profit is expected to grow as raw material constraints ease

Abstract

Fertilizer Manufacturing in Canada
Fertilizer is a natural or manufactured material containing at least 5.0% nitrogen, phosphorous or potassium, and it is used in crops that produce food, animal feed, fibre and energy and is the main product produced in the Fertilizer Manufacturing industry in Canada. Fertilizer is a globally traded commodity, and the prices of industry goods are closely linked with global supply and demand conditions. Despite the global nature of the industry, the vast majority of industry exports are destined for markets in the United States. The value of exports to the United States has fallen steadily despite a depreciated domestic dollar making industry goods more competitive. The global supply and demand imbalance is forecast to improve, and the price of fertilizers is forecast to rise in the coming years. A weak dollar will continue to make industry goods cost effective in the United States over the five years to 2024.

The Fertilizer Manufacturing industry in Canada primarily manufactures fertilizer products. These products contain a different mixture of the three vital nutrients essential for plant growth which include nitrogen, phosphorous and potassium. The products are distributed via wholesale arrangements with third parties or, in the case of vertically integrated operations, by the manufacturer.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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