Report Update Nov 1, 2024

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

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Finland: Potassium Sulphate (Sop) Market 2024

Potassium Sulphate (Sop) Market Size in Finland

The Finnish potassium sulphate (SOP) market skyrocketed to $X in 2022, with an increase of 40% against the previous year. Over the period under review, consumption showed significant growth. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the immediate term.

Potassium Sulphate (Sop) Production in Finland

In value terms, potassium sulphate (SOP) production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 68%. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the near future.

Potassium Sulphate (Sop) Exports

Exports from Finland

In 2022, approx. X tons of potassium sulphate (SOP) were exported from Finland; remaining constant against the year before. In general, exports continue to indicate a abrupt shrinkage. The smallest decline of -7% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, potassium sulphate (SOP) exports totaled $X in 2022. Overall, exports recorded a relatively flat trend pattern. The smallest decline of -5.9% was in 2013. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X tons) was the main destination for potassium sulphate (SOP) exports from Finland, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

The average potassium sulphate (SOP) export price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1.2%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.9% per year.

Potassium Sulphate (Sop) Imports

Imports into Finland

In 2022, the amount of potassium sulphate (SOP) imported into Finland dropped notably to X tons, which is down by -83.2% on the previous year. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 4,139%. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, potassium sulphate (SOP) imports plummeted to $X in 2022. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 3,329% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

Egypt (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of potassium sulphate (SOP) imports to Finland, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +140.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium sulphate (SOP) suppliers to Finland were Egypt ($X), Germany ($X) and the Netherlands ($X), with a combined 93% share of total imports.

Among the main suppliers, Germany, with a CAGR of +142.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potassium sulphate (SOP) import price stood at $X per ton in 2022, rising by 52% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potassium sulphate (SOP) import price increased by +91.3% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Latvia ($X per ton), while the price for Lithuania ($X per ton) and Egypt ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+21.6%), 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, together accounting for 49% of global production.

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

In value terms, Egypt constituted the largest supplier of potassium sulphate sop) to Finland, comprising 84% of total imports. The second position in the ranking was occupied by Germany, with an 8.9% share of total imports. It was followed by the Netherlands, with a 3.9% share.

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

In value terms, the largest markets for potassium sulphate sop) exported from Finland were the Netherlands, Lithuania and Estonia.

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

The average potassium sulphate sop) export price stood at $489 per ton in 2021, remaining stable against the previous year.

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

In 2021, the average potassium sulphate sop) import price amounted to $658 per ton, jumping by 18% against the previous year.

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

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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.

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