Report Update Nov 1, 2024

Croatia - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Potassium Sulphate (Sop) Market 2024

Potassium Sulphate (Sop) Market Size in Croatia

The Croatian potassium sulphate (SOP) market soared to $X in 2022, jumping by 21% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Potassium Sulphate (Sop) Production in Croatia

In value terms, potassium sulphate (SOP) production stood at $X in 2022 estimated in export price. In general, production recorded a precipitous decline. The pace of growth appeared the most rapid in 2013 when the production volume decreased by 99.9% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Potassium Sulphate (Sop) Exports

Exports from Croatia

In 2022, shipments abroad of potassium sulphate (SOP) decreased by -98.2% to X kg, falling for the third year in a row after two years of growth. Overall, exports saw a dramatic decline. The growth pace was the most rapid in 2018 with an increase of 204,140%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, potassium sulphate (SOP) exports declined rapidly to $X in 2022. Over the period under review, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2018 with an increase of 23,541% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X kg) was the main destination for potassium sulphate (SOP) exports from Croatia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bosnia and Herzegovina amounted to +18.4%.

In value terms, Bosnia and Herzegovina ($X) also remains the key foreign market for potassium sulphate (SOP) exports from Croatia.

From 2012 to 2022, the average annual growth rate of value to Bosnia and Herzegovina totaled +14.9%.

Export Prices by Country

In 2022, the average potassium sulphate (SOP) export price amounted to $X per ton, jumping by 592% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +0.7% per year.

Potassium Sulphate (Sop) Imports

Imports into Croatia

In 2022, potassium sulphate (sop) imports into Croatia totaled X tons, picking up by 6.6% compared with the year before. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 388%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, potassium sulphate (SOP) imports soared to $X in 2022. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 923% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of potassium sulphate (SOP) to Croatia, with a 71% share of total imports. Moreover, potassium sulphate (SOP) imports from Italy exceeded the figures recorded by the second-largest supplier, Greece (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +60.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+65.6% per year) and the Netherlands (+16.0% per year).

In value terms, Italy ($X) constituted the largest supplier of potassium sulphate (SOP) to Croatia, comprising 63% of total imports. The second position in the ranking was held by Greece ($X), with a 15% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+72.0% per year) and the Netherlands (+17.3% per year).

Import Prices by Country

The average potassium sulphate (SOP) import price stood at $X per ton in 2022, increasing by 33% against the previous year. In general, the import price enjoyed a measured increase. The growth pace was the most rapid in 2017 when the average import price increased by 110% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Hungary ($X per ton), while the price for Italy ($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 (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium sulphate (sop) in the world?

The countries with the highest volumes of potassium sulphate sop) consumption in 2021 were the United States, Finland and Chile, with a combined 33% share of global consumption. These countries were followed by Taiwan Chinese), South Africa, Pakistan, Norway, France, Peru, Iran, Mexico, the Netherlands and Japan, which together accounted for a further 35%.

What are the largest producers of potassium sulphate (sop) in the world?

The countries with the highest volumes of potassium sulphate sop) production in 2021 were the United States, Germany and Finland, with a combined 49% share of global production.

What are the leading suppliers of potassium sulphate (sop) to Croatia?

In value terms, Italy constituted the largest supplier of potassium sulphate sop) to Croatia, comprising 62% of total imports. The second position in the ranking was occupied by Greece, with a 14% share of total imports. It was followed by the Netherlands, with a 12% share.

What are the leading importers of potassium sulphate (sop) from Croatia?

In value terms, Slovenia emerged as the key foreign market for potassium sulphate sop) exports from Croatia, comprising 77% of total exports. The second position in the ranking was occupied by Bosnia and Herzegovina $475), with a 21% share of total exports.

What is the average export price for potassium sulphate (sop) in Croatia?

In 2021, the average potassium sulphate sop) export price amounted to $896 per ton, increasing by 9.2% against the previous year.

What is the average import price for potassium sulphate (sop) in Croatia?

In 2021, the average potassium sulphate sop) import price amounted to $650 per ton, with an increase of 22% against the previous year.

This report provides an in-depth analysis of the potassium sulphate (sop) 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 4017 -

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
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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023