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Report World - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends and Insights

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Global Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size

The global potassium hydroxide market expanded rapidly to $X in 2022, picking up by 10% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Potassium Hydroxide Production

In value terms, potassium hydroxide production stood at $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 17%. Global production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Potassium Hydroxide Exports

Exports

Global potassium hydroxide exports soared to X tons in 2022, surging by 76% compared with the previous year. In general, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide exports surged to $X in 2022. Over the period under review, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Belgium (X tons) represented the largest exporter of potassium hydroxide (caustic potash), making up 32% of total exports. South Korea (X tons) ranks second in terms of the total exports with a 14% share, followed by Italy (12%), the United States (12%) and the Czech Republic (10%). The following exporters - France (X tons) and Germany (X tons) - each reached an 8.1% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to potassium hydroxide exports from Belgium stood at +19.2%. At the same time, Italy (+21.6%), the Czech Republic (+18.5%), Germany (+12.2%), South Korea (+7.6%), the United States (+6.8%) and France (+1.4%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the world, with a CAGR of +21.6% from 2012-2022. Belgium (+32 p.p.), Italy (+6.2 p.p.) and the Czech Republic (+3.9 p.p.) significantly strengthened its position in terms of the global exports, while France, South Korea and the United States saw its share reduced by -8.1%, -8.6% and -9.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest potassium hydroxide supplying countries worldwide were Belgium ($X), South Korea ($X) and the United States ($X), with a combined 54% share of global exports.

In terms of the main exporting countries, Belgium, with a CAGR of +21.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium hydroxide export price stood at $X per ton in 2022, picking up by 4.4% against the previous year. Over the period under review, the export price, however, showed a slight descent. The pace of growth was the most pronounced in 2021 an increase of 8.5% against the previous year. Over the period under review, the average export prices attained 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 South Korea ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.0%), while the other global leaders experienced more modest paces of growth.

Potassium Hydroxide Imports

Imports

In 2022, the amount of potassium hydroxide (caustic potash) imported worldwide skyrocketed to X tons, with an increase of 75% against the previous year. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium hydroxide imports surged to $X in 2022. Overall, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Spain (X tons), Denmark (X tons), Belgium (X tons) and the Netherlands (X tons) represented the main importers of potassium hydroxide (caustic potash), together comprising 56% of total imports. Brazil (X tons), Malaysia (X tons), Israel (X tons), Norway (X tons), the UK (X tons), Poland (X tons) and Canada (X tons) held a relatively small share of total imports.

Imports into Germany increased at an average annual rate of +14.0% from 2012 to 2022. At the same time, Brazil (+25.9%), Spain (+23.9%), Malaysia (+16.8%), Poland (+16.7%), France (+14.7%), Norway (+14.3%), Belgium (+14.0%), Denmark (+10.1%), the Netherlands (+7.0%), Israel (+5.0%) and the UK (+2.1%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of +25.9% from 2012-2022. Canada experienced a relatively flat trend pattern. Germany (+9 p.p.), Spain (+5.3 p.p.), France (+4.4 p.p.), Brazil (+3.5 p.p.), Belgium (+2.5 p.p.) and Malaysia (+1.8 p.p.) significantly strengthened its position in terms of the global imports, while Canada saw its share reduced by -1.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported potassium hydroxide (caustic potash) worldwide, comprising 15% of global imports. The second position in the ranking was held by Brazil ($X), with a 6.3% share of global imports. It was followed by the Netherlands, with a 6.2% share.

In Germany, potassium hydroxide imports expanded at an average annual rate of +11.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+26.5% per year) and the Netherlands (+12.7% per year).

Import Prices by Country

In 2022, the average potassium hydroxide import price amounted to $X per ton, rising by 9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained 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 importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+6.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest potassium hydroxide consuming country worldwide, comprising approx. 20% of total volume. Moreover, potassium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Germany ranked third in terms of total consumption with a 6.3% share.
The country with the largest volume of potassium hydroxide production was China, comprising approx. 21% of total volume. Moreover, potassium hydroxide production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. The third position in this ranking was occupied by India, with an 8% share.
In value terms, the largest potassium hydroxide supplying countries worldwide were Belgium, South Korea and the United States, with a combined 55% share of global exports.
In value terms, the largest potassium hydroxide importing markets worldwide were Germany, Malaysia and Israel, together accounting for 21% of global imports.
In 2021, the average potassium hydroxide export price amounted to $583 per ton, with an increase of 4.4% against the previous year.
The average potassium hydroxide import price stood at $696 per ton in 2021, surging by 5% against the previous year.

This report provides an in-depth analysis of the global potassium hydroxide market. 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:

  • Prodcom 20132530 - Potassium hydroxide (caustic potash)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

INEOS, Vynova Group, Inovyn, Potasse and Produits Chimiques SAS, Altair Chimica SpA, Ercros SA, Unid Co Ltd., Taurus Potash Company, Chengdu Huarong Chemical Co Ltd., Occidental Chemical Corp., Olin Chlor Alkali Products, Erco 0wide Inc., Ashta Chemicals Inc., Pan-Americana SA Industrias Quimicas, Esseco do Brasil, AG CHEMI GROUP, HaloPolymer Kirovo-Chepetsk LLC, Soda-Chlorate, RX Chemicals, Omega Finechem Private Limited, K+S Group, Tanaka Ai Co.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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