Austria: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Austria

The Austrian potassium chloride (MOP) market surged to $X in 2022, jumping by 39% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a pronounced setback. Potassium chloride (MOP) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Potassium Chloride (Mop) Exports

Exports from Austria

In 2022, approx. X tons of potassium chloride (MOP) were exported from Austria; with an increase of 46% against 2021 figures. In general, exports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2014 with an increase of 79% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, potassium chloride (MOP) exports soared to $X in 2022. Overall, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of 55%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for potassium chloride (MOP) exports from Austria, accounting for a 86% share of total exports. Moreover, potassium chloride (MOP) exports to the Czech Republic exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The third position in this ranking was held by Italy (X tons), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+39.3% per year) and Italy (+0.0% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for potassium chloride (MOP) exports from Austria, comprising 72% of total exports. The second position in the ranking was held by Germany ($X), with a 13% share of total exports. It was followed by Italy, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+50.0% per year) and Italy (+4.6% per year).

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2022, dropping by -3.1% against the previous year. Overall, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Chloride (Mop) Imports

Imports into Austria

In 2022, purchases abroad of potassium chloride (MOP) increased by 51% to X tons, rising for the second consecutive year after six years of decline. Overall, imports, however, continue to indicate a abrupt decrease. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, potassium chloride (MOP) imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main supplier of potassium chloride (MOP) to Austria, with a 94% share of total imports. Moreover, potassium chloride (MOP) imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+34.5% per year) and Spain (-57.7% per year).

In value terms, Germany ($X) constituted the largest supplier of potassium chloride (MOP) to Austria, comprising 97% of total imports. The second position in the ranking was taken by Italy ($X), with a 1.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.4% per year) and Spain (-50.6% per year).

Import Prices by Country

The average potassium chloride (MOP) import price stood at $X per ton in 2022, which is down by -10.9% against the previous year. Overall, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 an increase of 78%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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