Eastern Europe: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2024

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

In 2022, after two years of growth, there was decline in the East European market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, when its value decreased by -1% to $X. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers skyrocketed to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 158%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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

Exports in Eastern Europe

In 2022, shipments abroad of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers was finally on the rise to reach X tons after three years of decline. In general, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 482% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat 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 showed a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 382%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus prevails in fertilisers structure, finishing at X tons, which was near 85% of total exports in 2022. Poland (X tons) took the second position in the ranking, followed by Russia (X tons). All these countries together held approx. 9.9% share of total exports. Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Belarus stood at +16.7%. At the same time, Russia (+70.0%), Romania (+35.9%) and Poland (+31.6%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +70.0% from 2012-2022. From 2012 to 2022, the share of Russia, Poland, Belarus and Romania increased by +4.6, +3.7, +3.5 and +2.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers supplier in Eastern Europe, comprising 69% of total exports. The second position in the ranking was held by Poland ($X), with a 14% share of total exports. It was followed by Russia, with a 5.8% share.

In Belarus, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers expanded at an average annual rate of +12.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+39.4% per year) and Russia (+45.7% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, with an increase of 10% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2019 an increase of 18% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the other leaders experienced a decline in the export price figures.

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

Imports in Eastern Europe

In 2022, the amount of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers imported in Eastern Europe soared to X tons, rising by 69% on 2021. Overall, imports enjoyed a strong increase. The growth pace was the most rapid in 2018 with an increase of 88% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports 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, imports saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 75% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Poland prevails in fertilisers structure, finishing at X tons, which was approx. 85% of total imports in 2022. It was distantly followed by Hungary (X tons), mixing up a 6.5% share of total imports. Romania (X tons), Lithuania (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers imports into Poland stood at +20.1%. At the same time, Lithuania (+25.6%), the Czech Republic (+16.5%), Romania (+10.4%) and Hungary (+7.7%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +25.6% from 2012-2022. From 2012 to 2022, the share of Poland increased by +20 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in Eastern Europe, comprising 69% of total imports. The second position in the ranking was held by Hungary ($X), with a 7.6% share of total imports. It was followed by Romania, with a 7.5% share.

In Poland, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers increased at an average annual rate of +16.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (+3.7% per year) and Romania (+6.6% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, waning by -3.8% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2019 when the import price increased by 39% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Lithuania ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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