Over the five years to 2017, revenue for the Fertilizer Manufacturing industry is expected to increase. At the start of this period, demand for fertilizers was low as farmers reduced their crop production and distributors cut inventories. However, strong demand from crop production in 2015 helped industry operators bounce back. In the five years to 2022, farmers will increasingly demand fertilizer as crop production expands. In addition, fertilizer prices, including nitrogen and urea, are expected to recover during this period, boosting revenue. Manufacturers are also expected to pursue growth opportunities by building or expanding their current facilities. Favourable energy costs stimulated the construction of new plants across Canada.
This industry primarily manufactures fertilizer products. These products contain a different mixture of the three vital nutrients essential for plant growth: 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.