The market is dominated by domestic suppliers, as imports account for 39.9% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. Canada has the seventh largest market size for fertilisers and nitrogen compounds across the top 20 developed countries, with demand reaching USD4.3 billion in 2020. Mosaic Co, The is the largest company in Canada, generating 24.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 40.1% of total production value in 2020. The total number of companies decreases in 2020, to 286 units. The costs of the industry decrease by 10.8% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.4% of production value in 2020, the eighth highest across the top 20 developed countries. The industry’s exports share increases in 2020 to 61.6% of total production output. With production value of USD6.2 billion, Canada accounts for 40.3% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Fertilisers and Nitrogen Compounds in Canada: ISIC 2412. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fertilisers and Nitrogen Compounds in Canada: ISIC 2412 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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