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Mineral & Phosphate Mining in Nunavut

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NU21239CA

Mineral & Phosphate Mining in Nunavut industry analysis

Revenue for the Mineral & Phosphate Mining industry in Nunavut is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Mineral & Phosphate Mining in Nunavut Market Research Report

What’s Included in the Mineral & Phosphate Mining in Nunavut Market Research Report

Definition of the Mineral & Phosphate Mining in Nunavut?

This industry primarily engages in the mining of nonmetals, such as minerals and phosphate. It doesn't include coal, stone, sand, gravel, clay and ceramic mines.

What’s included in the Mineral & Phosphate Mining in Nunavut?

The Mineral & Phosphate Mining in Nunavut includes diamond mining, mining of other minerals, including potassium salt, phosphate rock and gypsum, potash mining, quarrying and beneficiating and rock salt mining. Related terms covered in the Mineral & Phosphate Mining in Nunavut industry report includes a naturally occurring solid chemical substance formed through biogeochemical processes having a characteristic chemical composition, a highly ordered atomic structure and specific physical properties, the common name for various mined and manufactured salts that contain potassium in water-soluble form, also known as sodium carbonate. it's used as a water softener and in manufacturing glass and other products and noncombustible solid rocks or minerals used in industry and construction in natural form or after mechanical, thermal or chemical processing.

Industry Performance of the Mineral & Phosphate Mining industry in Nunavut

Benchmark the Mineral & Phosphate Mining in Nunavut industry performance with all NU Census Metropolitan Area and national performance.

Mineral & Phosphate Mining in Nunavut

#13 in Highest Revenue 0.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Mineral & Phosphate Mining in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Mineral & Phosphate Mining industry in Nunavut

See how key industry drivers, such as gross domestic product, median houshold income, private investment in non-residential construction, canadian effective exchange rate index, consumer spending and demand from fertilizer manufacturing are impacting Mineral & Phosphate Mining in Nunavut

Nunavut Economic Indicators

Gross Domestic Product
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in NU State Economic profile

Canada Key External Drivers

Canadian effective exchange rate index
Consumer spending
Demand from fertilizer manufacturing

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Mineral & Phosphate Mining industry in Nunavut

Key Statistics of the Mineral & Phosphate Mining industry in Nunavut

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Mineral & Phosphate Mining industry in Nunavut in 2025?

The market size of the Mineral & Phosphate Mining industry in Nunavut is $71.9m in 2025.

How many businesses are there in the Mineral & Phosphate Mining industry in Nunavut in 2025?

There are 2 businesses in the Mineral & Phosphate Mining industry in Nunavut, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Mineral & Phosphate Mining industry in Nunavut grown or declined over the past 5 years?

The market size of the Mineral & Phosphate Mining industry in Nunavut has been growing at an average annual rate of 2.8% from 2020 to 2025.

How many employees in the Mineral & Phosphate Mining industry in Nunavut in 2025?

There are 57 employees in the Mineral & Phosphate Mining industry in Nunavut, which has been declining at an average annual rate of -2.3% from 2020 to 2025.