Mineral & Phosphate Mining in Canada - Industry Market Research Report
Description
Mineral & Phosphate Mining in Canada
Canadian mineral and phosphate mining companies produce a wide variety of nonmetallic mineral products, but are largely dominated by the production of potash. Canada is the world's largest producer and exporter of potash, which is a primary input for fertilizer manufacturers worldwide. Just prior to the current period, in 2016, the price of potash plummeted because of price competition resulting from the breakup of the Belarusian Potash Company, a major exporting business that contributed to the control of global potash markets. Prices for many materials have recovered since then, with mineral and phosphate mining revenue forecast to expand 7.9% in 2023 alone. However, IBISWorld expects overall revenue to shrink at a CAGR of 1.0% to $11.9 billion through the end of 2023.
This industry primarily engages in the mining of nonmetals, such as minerals and phosphate. It does not include coal, stone, sand, gravel, clay and ceramic mines.
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.
Canadian mineral and phosphate mining companies produce a wide variety of nonmetallic mineral products, but are largely dominated by the production of potash. Canada is the world's largest producer and exporter of potash, which is a primary input for fertilizer manufacturers worldwide. Just prior to the current period, in 2016, the price of potash plummeted because of price competition resulting from the breakup of the Belarusian Potash Company, a major exporting business that contributed to the control of global potash markets. Prices for many materials have recovered since then, with mineral and phosphate mining revenue forecast to expand 7.9% in 2023 alone. However, IBISWorld expects overall revenue to shrink at a CAGR of 1.0% to $11.9 billion through the end of 2023.
This industry primarily engages in the mining of nonmetals, such as minerals and phosphate. It does not include coal, stone, sand, gravel, clay and ceramic mines.
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.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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