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Imports of Potassium Hydroxide peaked at 71K tons before sharply declining the following year. The value of imports also notably contracted to $19M in 2023.
As a result, Potassium Hydroxide exports reached the peak of 164K tons, but then rapidly dropped in the following year. In value terms, Potassium Hydroxide exports shrank significantly to $77M in 2023.
Learn about the increasing demand for potassium hydroxide worldwide and the projected market trends over the next seven years.
Potassium Hydroxide imports peaked at 88K tons, but significantly decreased the following year to $71M in 2023.
Potassium Hydroxide imports peaked at 71K tons before experiencing a significant drop the following year, causing a notable decrease in value to $19M in 2023.
The most notable increase in growth was seen in March 2023 with Potassium Hydroxide imports rising by 280% compared to the previous month. The value of Potassium Hydroxide imports surged to $3.1M in November 2023.
Potassium Hydroxide saw a significant 66% month-on-month growth in July 2023, bringing its import value to $1.2M in February 2024.
The exports of Potassium Hydroxide exhibited a stagnant growth from April 2023 to November 2023, with a slight increase in value to $6M in November 2023.
The pace of growth for Potassium Hydroxide was the most pronounced in November 2022 with a month-to-month increase of 96%. However, in August 2023, the value of potassium hydroxide exports dropped remarkably to $2.8M.
As of June 2023, the price of Potassium Hydroxide is $750 per ton (CIF, Spain), reflecting a decrease of -9% compared to the previous month.
The price of Potassium Hydroxide in May 2023 was $1,634 per ton (CIF, Poland), representing a decrease of 10.9% compared to the previous month.
The price of Potassium Hydroxide in South Africa, CIF, was $1,277 per ton in May 2023, showing a decrease of -22.9% compared to the previous month.