Fertile soil: Industry performance has fluctuated in response to volatile fertilizer prices

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...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Continued growth in agricultural output will prompt increased industry demand
  • The price of fertilizers has correlated strongly with the price of natural gas
  • The industry will benefit from improvement in agricultural commodity prices
  • Industry Report - Industry Analysis Chapter

    The Fertilizer Manufacturing industry in Canada produces a wide range of fertilizer products for sale domestically and abroad. Fertilizer is a globally traded good and the price of industry products is therefore closely connected to global prices, which themselves are subject to global supply and demand conditions. Over the five years to 2019 the industry has experienced volatility in the price of industry goods due to a demand and supply imbalance in response to rising global fertilizer supply. Along with comparably weaker demand for industry products, domestic prices have also been weak. Rising global supply has also cut into the industry’s export opportunities, damaging demand from a key output. How...purchase to read more.

    Additional Insights for the Fertilizer Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fertilizer Manufacturing Industry are

  • Guaranteed supply of key inputs
  • Access to the latest available and most efficient technology and techniques
  • Availability of resources
  • IBISWorld analysts also discuss how external factors such as Demand from crop production and Price of fertilizer in the Fertilizer Manufacturing industry impact industry performance..

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    What's in this report

    What is the Fertilizer Manufacturing Industry?

    This industry 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.

    Industry Products
  • Nitrogen
  • Phosphate
  • All other
  • Urea
  • Industry Activities
  • Manufacturing ammonia, ammonium nitrate, ammonium sulfate and ammonium phosphates
  • Manufacturing natural-organic and animal-waste or sewage-origin fertilizers
  • Manufacturing nitric acid and phosphoric acid
  • Manufacturing nitrogenous fertilizer materials
  • Manufacturing urea
  • Manufacturing phosphatic fertilizer materials
  • Manufacturing potting soil, plant foods and compost
  • Mixing purchased fertilizer materials
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from crop production
  • Price of fertilizer
  • US Gross domestic product (GDP)
  • Canadian effective exchange rate index
  • World price of natural gas

  • Current Performance
  • Shifting revenue landscape
  • Domestic conditions
  • Changing industry cost structure
  • International trade, servicing global demand
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Domestic and international demand
  • Industry structure
  • Table: Fertilizer Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fertilizer Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Soybean Farming in Canada
  • Corn Farming in Canada
  • Plant & Flower Growing in Canada

  • Key Selling Industries
  • Inorganic Chemical Manufacturing in Canada
  • Organic Chemical Manufacturing in Canada

  • Products & Services
  • Urea
  • Nitrogen
  • Phosphate
  • All other
  • Chart: Fertilizer Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Wheat farming
  • Canola farming
  • All other, including commercial Industries
  • Tame hay
  • Barley farming
  • Soybeans
  • Chart: Major Market Segmentation for the Fertilizer Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesDepreciationMarketingRentUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Fertilizer Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fertilizer Manufacturing Industry

  • Industry Globalization
    Nutrien Ltd., CF Industries Holdings Inc., Yara International ASA,
  • Table: Nutrien Ltd. - financial performance
  • Table: CF Industries Holdings Inc. - financial performance
  • Table: Yara International ASA - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Fertilizer Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fertilizer Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Price of Fertilizer (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Futures Market
  • An auction market where participants buy and sell commodities or future contracts for delivery on a specified future date.
  • Mono-Ammonium Phosphate
  • A type of high analysis fertilizer used to generate higher yields in pastoral activities.
  • N Fertilizers
  • A nitrogen-based fertilizer.
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    Why buy this report?

    IBISWorld’s Fertilizer Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Fertilizer Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fertilizer Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fertilizer Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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