China - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights

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Potassic Fertilizer Prices in China

China Potassic Fertilizer Import Price in September 2022

In September 2022, the potassic fertilizer price amounted to $610 per ton (CIF, China), remaining constant against the previous month. Overall, import price indicated a strong expansion from January 2022 to September 2022: its price increased at an average monthly rate of +8.2% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, potassic fertilizer import price increased by +87.2% against January 2022 indices. The pace of growth was the most pronounced in February 2022 an increase of 33% month-to-month. Over the period under review, average import prices attained the maximum in September 2022.

Average prices varied noticeably amongst the major supplying countries. In September 2022, the countries with the highest prices were Canada ($645 per ton) and Russia ($609 per ton), while the price for Lao People's Democratic Republic ($568 per ton) and Belarus ($585 per ton) were amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Israel (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

China Potassic Fertilizer Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was potassium sulphate (SOP) ($622 per ton), while the price for potassium chloride (MOP) totaled $610 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by potassium chloride (MOP) (+8.2%).

China Potassic Fertilizer Imports

In September 2022, after three months of growth, there was significant decline in overseas purchases of potassic fertilizers, when their volume decreased by -14.4% to 659K tons. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 with an increase of 28% against the previous month. As a result, imports reached the peak of 823K tons. From May 2022 to September 2022, the growth of imports remained at a somewhat lower figure.

In value terms, potassic fertilizer imports reduced to $402M (IndexBox estimates) in September 2022. Overall, total imports indicated a buoyant increase from January 2022 to September 2022: its value increased at an average monthly rate of +7.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports decreased by -14.2% against August 2022 indices. The most prominent rate of growth was recorded in April 2022 when imports increased by 50% month-to-month. Over the period under review, imports hit record highs at 469K tons in August 2022, and then declined in the following month.

China Potassic Fertilizer Imports by Type

In September 2022, potassium chloride (MOP) (651K tons) was the main type of potassic fertilizer supplied to China, accounting for a 99% share of total imports. It was followed by potassium sulphate (SOP) (7.4K tons), with a 1.1% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of potassium chloride (MOP) was relatively modest.

In value terms, potassium chloride (MOP) ($397M) constituted the largest type of potassic fertilizer supplied to China, comprising 99% of total imports. The second position in the ranking was taken by potassium sulphate (SOP) ($4.6M), with a 1.1% share of total imports.

China Potassic Fertilizer Imports by Country

Canada (224K tons), Belarus (172K tons) and Russia (101K tons) were the main suppliers of potassic fertilizer imports to China, together accounting for 75% of total imports. These countries were followed by Jordan, Israel and Lao People's Democratic Republic, which together accounted for a further 23%.

From January 2022 to September 2022, the biggest increases were in Jordan (with a CAGR of +23.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potassic fertilizer suppliers to China were Canada ($144M), Belarus ($101M) and Russia ($62M), with a combined 76% share of total imports. These countries were followed by Jordan, Israel and Lao People's Democratic Republic, which together accounted for a further 22%.

Jordan, with a CAGR of +37.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassic fertilizer market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 4016 -
  • FCL 4017 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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