Report Update Nov 1, 2024

Australia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Australia

In 2022, the Australian potassium chloride (MOP) market increased by 6.9% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Potassium Chloride (Mop) Exports

Exports from Australia

In 2022, approx. X tons of potassium chloride (MOP) were exported from Australia; shrinking by -41.5% on the previous year. Overall, exports, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2013 with an increase of 939%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, potassium chloride (MOP) exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 663% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for potassium chloride (MOP) exports from Australia, with a 97% share of total exports. It was followed by Papua New Guinea (X tons), with a 2.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to +13.1%.

In value terms, New Zealand ($X) emerged as the key foreign market for potassium chloride (MOP) exports from Australia, comprising 94% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 3.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +14.0%.

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2022, surging by 565% against the previous year. Overall, the export price, however, saw a noticeable decline. The growth pace was the most rapid in 2020 when the average export price increased by 1,004%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+17.0%).

Potassium Chloride (Mop) Imports

Imports into Australia

In 2022, supplies from abroad of potassium chloride (MOP) increased by 0.4% to X tons, rising for the second year in a row after two years of decline. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, potassium chloride (MOP) imports totaled $X in 2022. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 62% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of potassium chloride (MOP) to Australia, accounting for a 53% share of total imports. Moreover, potassium chloride (MOP) imports from Canada exceeded the figures recorded by the second-largest supplier, Jordan (X tons), threefold. Belarus (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Canada totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+49.4% per year) and Belarus (+40.7% per year).

In value terms, Canada ($X) constituted the largest supplier of potassium chloride (MOP) to Australia, comprising 47% of total imports. The second position in the ranking was held by Jordan ($X), with an 18% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Canada totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+42.9% per year) and the United States (+6.5% per year).

Import Prices by Country

In 2022, the average potassium chloride (MOP) import price amounted to $X per ton, surging by 12% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium chloride (mop) in the world?

The countries with the highest volumes of potassium chloride mop) consumption in 2021 were China, Brazil and the United States, with a combined 54% share of global consumption. India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel lagged somewhat behind, together comprising a further 24%.

What are the largest producers of potassium chloride (mop) in the world?

The countries with the highest volumes of potassium chloride mop) production in 2021 were Canada, Russia and Belarus, together comprising 67% of global production. These countries were followed by China, Israel, Jordan and Germany, which together accounted for a further 26%.

What are the leading suppliers of potassium chloride (mop) to Australia?

In value terms, Canada constituted the largest supplier of potassium chloride mop) to Australia, comprising 56% of total imports. The second position in the ranking was occupied by the United States, with a 13% share of total imports. It was followed by Lithuania, with an 11% share.

What are the leading importers of potassium chloride (mop) from Australia?

In value terms, Timor-Leste emerged as the key foreign market for potassium chloride mop) exports from Australia, comprising 66% of total exports. The second position in the ranking was occupied by New Zealand, with a 21% share of total exports.

What is the average export price for potassium chloride (mop) in Australia?

The average potassium chloride mop) export price stood at $199 per ton in 2021, with a decrease of -86.9% against the previous year.

What is the average import price for potassium chloride (mop) in Australia?

In 2021, the average potassium chloride mop) import price amounted to $377 per ton, surging by 12% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Australia. 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 -

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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