Chile: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2025

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

In 2022, the Chilean market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers increased by 74% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a abrupt curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to less than $X in 2022 estimated in export price. Over the period under review, production showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the production volume decreased by -18.7% against the previous year. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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

Exports from Chile

In 2022, approx. X tons of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers were exported from Chile; picking up by 2.3% on 2021. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 364%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers skyrocketed to $X in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 150%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Brazil (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 Chile, accounting for a 97% share of total exports. It was followed by the Netherlands (X tons), with a 1.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brazil amounted to +43.0%.

In value terms, Brazil ($X) remains the key foreign market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Chile, comprising 95% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 3.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at +49.5%.

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 2022, rising by 89% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 an increase of 294% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Brazil stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+85.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Chile

Imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers into Chile dropped sharply to X tons in 2022, shrinking by -48.9% on 2021. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 110%. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers declined markedly to $X in 2022. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 74%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers supplier to Chile, with a 95% share of total imports. Moreover, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -12.2%.

In value terms, the United States ($X) constituted the largest supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Chile, comprising 71% of total imports. The second position in the ranking was held by Germany ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -12.9%.

Import Prices by Country

In 2022, the average import price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to $X per ton, rising by 38% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers increased by +52.9% against 2018 indices. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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