Croatia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCroatia: Potassium Chloride (Mop) Market 2024
Potassium Chloride (Mop) Market Size in Croatia
In 2022, the Croatian potassium chloride (MOP) market decreased by -52.4% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption saw a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Potassium Chloride (Mop) Exports
Exports from Croatia
In 2022, shipments abroad of potassium chloride (MOP) increased by 255% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 760%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, potassium chloride (MOP) exports soared to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 529%. The exports peaked in 2022 and are likely to see steady growth in the near future.
Exports by Country
Bosnia and Herzegovina (X tons) was the main destination for potassium chloride (MOP) exports from Croatia, accounting for a 65% share of total exports. Moreover, potassium chloride (MOP) exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Serbia (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 10% share.
From 2012 to 2022, the average annual growth rate of volume to Bosnia and Herzegovina amounted to +40.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+145.0% per year) and Italy (+36.2% per year).
In value terms, Bosnia and Herzegovina ($X) remains the key foreign market for potassium chloride (MOP) exports from Croatia, comprising 59% of total exports. The second position in the ranking was taken by Serbia ($X), with a 14% share of total exports. It was followed by the Netherlands, with a 7.4% share.
From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina amounted to +36.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+96.5% per year) and the Netherlands (0.0% per year).
Export Prices by Country
The average potassium chloride (MOP) export price stood at $X per ton in 2022, reducing by -4.3% against the previous year. In general, the export price recorded a mild reduction. The pace of growth appeared the most rapid in 2013 an increase of 123%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Italy ($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 Latvia (+143.5%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Chloride (Mop) Imports
Imports into Croatia
In 2022, supplies from abroad of potassium chloride (MOP) decreased by -54.8% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 31% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, potassium chloride (MOP) imports shrank to $X in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of 40%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
Italy (X tons), Germany (X tons) and Russia (X tons) were the main suppliers of potassium chloride (MOP) imports to Croatia, together accounting for 82% of total imports.
From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +104.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Italy ($X) and Israel ($X) appeared to be the largest potassium chloride (MOP) suppliers to Croatia, together comprising 79% of total imports.
Italy, with a CAGR of +87.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average potassium chloride (MOP) import price stood at $X per ton in 2022, surging by 97% against the previous year. Overall, the import price saw a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per ton), while the price for 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 Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the potassium chloride (mop) market in Croatia. 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:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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