Bahrain: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2024

Market Size for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Bahrain

In 2022, after two years of growth, there was significant decline in the Bahraini market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, when its value decreased by -48.5% to $X. Over the period under review, consumption, however, recorded a significant increase. Consumption of peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Bahrain

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 11%. Over the period under review, production of reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Exports from Bahrain

In 2013, the amount of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exported from Bahrain soared to X tons, rising by 245% against 2012. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers surged to $X in 2013. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Bahrain, with a approx. 100% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Bahrain.

From 2012 to 2013, the average annual rate of growth in terms of value to Saudi Arabia was relatively modest.

Export Prices by Country

The average export price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers stood at $X per ton in 2013, falling by -1.7% against the previous year. In general, the export price recorded a slight setback. The export price peaked at $X per ton in 2012, and then reduced slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2013, the rate of growth in terms of prices for Saudi Arabia amounted to 0.0% per year.

Imports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Imports into Bahrain

In 2022, after two years of growth, there was significant decline in purchases abroad of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, when their volume decreased by -48.9% to X tons. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2014 with an increase of 5,832% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers shrank remarkably to $X in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 7,162% against the previous year. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Jordan (X tons) was the main supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Bahrain, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Jordan totaled +63.8%.

In value terms, Jordan ($X) constituted the largest supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Bahrain.

From 2012 to 2022, the average annual growth rate of value from Jordan stood at +42.7%.

Import Prices by Country

The average import price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to -12.9% per year.

Source: IndexBox Platform