Cote d'Ivoire: Potassium Sulphate (Sop) Market 2025

Potassium Sulphate (Sop) Market Size in Cote d'Ivoire

The Cote d'Ivoire's potassium sulphate (SOP) market surged to $X in 2022, rising by 215% 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). In general, consumption, however, showed a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Potassium Sulphate (Sop) Exports

Exports from Cote d'Ivoire

In 2022, overseas shipments of potassium sulphate (SOP) increased by 8.6% to X tons for the first time since 2014, thus ending a seven-year declining trend. In general, exports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 with an increase of 119%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, potassium sulphate (SOP) exports totaled $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 148% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for potassium sulphate (SOP) exports from Cote d'Ivoire, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso amounted to +98.8%.

In value terms, Burkina Faso ($X) also remains the key foreign market for potassium sulphate (SOP) exports from Cote d'Ivoire.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso totaled +89.6%.

Export Prices by Country

The average potassium sulphate (SOP) export price stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 13%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to +6.8% per year.

Potassium Sulphate (Sop) Imports

Imports into Cote d'Ivoire

In 2022, approx. X tons of potassium sulphate (SOP) were imported into Cote d'Ivoire; with an increase of 255% on 2021. Over the period under review, imports, however, saw a noticeable descent. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, potassium sulphate (SOP) imports soared to $X in 2022. In general, imports, however, recorded a deep contraction. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main suppliers of potassium sulphate (SOP) imports to Cote d'Ivoire, together accounting for 83% of total imports. France, Egypt, Sweden, Chile and Germany lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +78.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium sulphate (SOP) suppliers to Cote d'Ivoire were Belgium ($X), Taiwan (Chinese) ($X) and Chile ($X), together comprising 79% of total imports. Egypt, China, Sweden, Germany and France lagged somewhat behind, together comprising a further 21%.

In terms of the main suppliers, France, with a CAGR of +35.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average potassium sulphate (SOP) import price stood at $X per ton in 2022, reducing by -24.9% against the previous year. In general, the import price saw a slight decline. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell significantly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform