Germany: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Germany

In 2022, the German potassium hydroxide market increased by 75% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed strong growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Potassium Hydroxide Production in Germany

In value terms, potassium hydroxide production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 69%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

Potassium Hydroxide Exports

Exports from Germany

After two years of decline, shipments abroad of potassium hydroxide (caustic potash) increased by 29% to X tons in 2022. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by 82% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, potassium hydroxide exports surged to $X in 2022. Over the period under review, exports showed a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 69% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Belgium (X tons), France (X tons) and Finland (X tons) were the main destinations of potassium hydroxide exports from Germany, together comprising 69% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +60.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potassium hydroxide exported from Germany were France ($X), Belgium ($X) and the Netherlands ($X), with a combined 67% share of total exports.

France, with a CAGR of +39.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 an increase of 33%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Finland ($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 the Netherlands (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Potassium Hydroxide Imports

Imports into Germany

In 2022, purchases abroad of potassium hydroxide (caustic potash) increased by 171% to X tons, rising for the second year in a row after two years of decline. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports skyrocketed to $X in 2022. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of potassium hydroxide imports to Germany, together accounting for 85% of total imports. France, the United States and the Netherlands lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +33.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium hydroxide suppliers to Germany were Belgium ($X), the Czech Republic ($X) and Italy ($X), together comprising 80% of total imports. France, the United States and the Netherlands lagged somewhat behind, together accounting for a further 16%.

Among the main suppliers, the United States, with a CAGR of +25.9%, 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

In 2022, the average potassium hydroxide import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and the Czech Republic ($X per ton), while the price for Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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