China - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Sulphate (SOP) Prices in China
China Potassium Sulphate (SOP) Export Price in September 2022
In September 2022, the potassium sulphate (sop) price stood at $832 per ton (FOB, China), leveling off at the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices hit record highs at $839 per ton in August 2022, and then fell slightly in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Mexico ($1,000 per ton), while the average price for exports to South Korea ($370 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.
China Potassium Sulphate (SOP) Exports
In September 2022, potassium sulphate (sop) exports from China fell dramatically to 900 tons, waning by -90.5% compared with the previous month. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in March 2022 with an increase of 221% against the previous month. As a result, the exports attained the peak of 17K tons. From April 2022 to September 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, potassium sulphate (SOP) exports contracted sharply to $749K (IndexBox estimates) in September 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in March 2022 when exports increased by 219% m-o-m. As a result, the exports reached the peak of $11M. From April 2022 to September 2022, the growth of the exports remained at a somewhat lower figure.
China Potassium Sulphate (SOP) Exports by Country
Mexico (500 tons) was the main destination for potassium sulphate (SOP) exports from China, with a 56% share of total exports. Moreover, potassium sulphate (SOP) exports to Mexico exceeded the volume sent to the second major destination, South Korea (200 tons), threefold. The third position in this ranking was taken by Ecuador (150 tons), with a 17% share.
From January 2022 to September 2022, the average monthly growth rate of volume to Mexico stood at -15.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Korea (+2.2% per month) and Ecuador (-7.0% per month).
In value terms, Mexico ($500K) emerged as the key foreign market for potassium sulphate (SOP) exports from China, comprising 67% of total exports. The second position in the ranking was taken by Ecuador ($133K), with an 18% share of total exports. It was followed by South Korea, with a 9.9% share.
From January 2022 to September 2022, the average monthly growth rate of value to Mexico stood at -9.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Ecuador (-2.3% per month) and South Korea (+1.9% per month).
This report provides an in-depth analysis of the potassium sulphate (sop) 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 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:
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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:
- How to diversify your business and benefit from new market opportunities
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- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
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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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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