Estonia: Potassium Chloride (Mop) Market 2025

Potassium Chloride (Mop) Market Size in Estonia

In 2022, after two years of growth, there was significant decline in the Estonian potassium chloride (MOP) market, when its value decreased by -15.4% to $X. Over the period under review, consumption, however, recorded significant growth. Potassium chloride (MOP) consumption peaked at $X in 2021, and then dropped markedly in the following year.

Potassium Chloride (Mop) Exports

Exports from Estonia

In 2022, shipments abroad of potassium chloride (MOP) decreased by -99.3% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 798,210% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, potassium chloride (MOP) exports contracted significantly to $X in 2022. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 401,847% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X tons) was the main destination for potassium chloride (MOP) exports from Estonia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at +13.5%.

In value terms, Latvia ($X) emerged as the key foreign market for potassium chloride (MOP) exports from Estonia.

From 2012 to 2022, the average annual growth rate of value to Latvia stood at +18.3%.

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2022, with an increase of 268% against the previous year. Overall, the export price enjoyed a perceptible increase. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +4.2% per year.

Potassium Chloride (Mop) Imports

Imports into Estonia

In 2022, purchases abroad of potassium chloride (MOP) decreased by -77.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 374% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, potassium chloride (MOP) imports declined remarkably to $X in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 239% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest potassium chloride (MOP) supplier to Estonia, with a 90% share of total imports. Moreover, potassium chloride (MOP) imports from Sweden exceeded the figures recorded by the second-largest supplier, Mongolia (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to +65.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mongolia (0.0% per year) and Russia (-11.2% per year).

In value terms, Sweden ($X) constituted the largest supplier of potassium chloride (MOP) to Estonia, comprising 86% of total imports. The second position in the ranking was taken by Mongolia ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at +75.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Mongolia (0.0% per year) and Russia (-17.7% per year).

Import Prices by Country

The average potassium chloride (MOP) import price stood at $X per ton in 2022, increasing by 63% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Mongolia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform