Report Update Nov 1, 2024

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

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Denmark: Potassium Sulphate (Sop) Market 2024

Potassium Sulphate (Sop) Market Size in Denmark

The Danish potassium sulphate (SOP) market skyrocketed to $X in 2022, picking up by 55% against the previous year. Overall, consumption showed buoyant growth. Potassium sulphate (SOP) consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Potassium Sulphate (Sop) Production in Denmark

In value terms, potassium sulphate (SOP) production shrank notably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 928,891,300%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Potassium Sulphate (Sop) Exports

Exports from Denmark

In 2022, overseas shipments of potassium sulphate (SOP) decreased by -45.6% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by 611%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, potassium sulphate (SOP) exports dropped dramatically to $X in 2022. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by 580% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for potassium sulphate (SOP) exports from Denmark, with a 81% share of total exports. Moreover, potassium sulphate (SOP) exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+28.6% per year) and the United States (0.0% per year).

In value terms, Sweden ($X) remains the key foreign market for potassium sulphate (SOP) exports from Denmark, comprising 63% of total exports. The second position in the ranking was taken by Norway ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+30.8% per year) and the United States (0.0% per year).

Export Prices by Country

In 2022, the average potassium sulphate (SOP) export price amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 16% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 Norway (+1.7%).

Potassium Sulphate (Sop) Imports

Imports into Denmark

In 2022, potassium sulphate (sop) imports into Denmark skyrocketed to X tons, picking up by 153% compared with 2021 figures. Overall, imports showed a notable expansion. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, potassium sulphate (SOP) imports surged to $X in 2022. In general, imports enjoyed a temperate increase. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main supplier of potassium sulphate (SOP) to Denmark, accounting for a 94% share of total imports. It was followed by Belgium (X tons), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +5.1%.

In value terms, Germany ($X) constituted the largest supplier of potassium sulphate (SOP) to Denmark, comprising 91% of total imports. The second position in the ranking was taken by Belgium ($X), with a 3.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +1.8%.

Import Prices by Country

In 2022, the average potassium sulphate (SOP) import price amounted to $X per ton, jumping by 32% against the previous year. Over the period under review, the import price, however, saw a noticeable curtailment. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 Belgium ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.1%).

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, together accounting for 33% of global consumption. Taiwan Chinese), South Africa, Pakistan, Norway, France, Peru, Iran, Mexico, the Netherlands and Japan lagged somewhat behind, together comprising 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, together comprising 49% of global production.

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

In value terms, Germany constituted the largest supplier of potassium sulphate sop) to Denmark.

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

In value terms, Sweden remains the key foreign market for potassium sulphate sop) exports from Denmark, comprising 76% of total exports. The second position in the ranking was occupied by Norway, with an 18% share of total exports.

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

The average potassium sulphate sop) export price stood at $645 per ton in 2021, picking up by 9.1% against the previous year.

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

In 2021, the average potassium sulphate sop) import price amounted to $293 per ton, rising by 14% against the previous year.

This report provides an in-depth analysis of the potassium sulphate (sop) market in Denmark. 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:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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