Report Update Nov 1, 2024

Kuwait - Potassic Fertilizers (Mineral and Chemical) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Kuwait: Potassic Fertilizer Market 2024

Potassic Fertilizer Market Size in Kuwait

In 2022, the Kuwaiti potassic fertilizer market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Potassic Fertilizer Exports

Exports from Kuwait

In 2022, overseas shipments of potassic fertilizers decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, potassic fertilizer exports declined sharply to $X in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Turkey (X tons) was the main destination for potassic fertilizer exports from Kuwait, accounting for a approx. X% share of total exports.

From 2018 to 2022, the average annual growth rate of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for potassic fertilizers exports from Kuwait.

From 2018 to 2022, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2022, the average potassic fertilizer export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2018 to 2022, the rate of growth in terms of prices for Qatar amounted to X% per year.

Potassic Fertilizer Imports

Imports into Kuwait

In 2022, purchases abroad of potassic fertilizers was finally on the rise to reach X tons after two years of decline. In general, imports continue to indicate measured growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, potassic fertilizer imports skyrocketed to $X in 2022. Overall, imports, however, showed a mild contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belarus (X tons) constituted the largest supplier of potassic fertilizer to Kuwait, accounting for a X% share of total imports. Moreover, potassic fertilizer imports from Belarus exceeded the figures recorded by the second-largest supplier, Jordan (X tons), threefold. Egypt (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belarus totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and Egypt (X% per year).

In value terms, Belarus ($X), Jordan ($X) and Turkey ($X) constituted the largest potassic fertilizer suppliers to Kuwait, together comprising X% of total imports. Egypt, Russia, Saudi Arabia, Belgium, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 potassic fertilizer import price amounted to $X per ton, falling by X% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked 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 Germany ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), 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 potassic fertilizers in the world?

The countries with the highest volumes of in 2021 were China, Brazil and the United States, together comprising 51% of global consumption. India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel lagged somewhat behind, together comprising a further 26%.

What are the largest producers of potassic fertilizers in the world?

The countries with the highest volumes of in 2021 were Canada, Russia and Belarus, together comprising 65% of global production. These countries were followed by China, Israel, Jordan and Germany, which together accounted for a further 26%.

What are the leading suppliers of potassic fertilizers to Kuwait?

In value terms, the largest potassic fertilizer suppliers to Kuwait were Jordan, Belarus and Turkey, with a combined 91% share of total imports.

What are the leading importers of potassic fertilizers from Kuwait?

In value terms, Qatar, Iraq and Zambia were the largest markets for potassic fertilizer exported from Kuwait worldwide.

What is the average export price for potassic fertilizers in Kuwait?

In 2019, the average potassic fertilizer export price amounted to $391 per ton, which is down by -66.1% against the previous year.

What is the average import price for potassic fertilizers in Kuwait?

In 2021, the average potassic fertilizer import price amounted to $309 per ton, declining by -13.4% against the previous year.

This report provides an in-depth analysis of the potassic fertilizer market in Kuwait. 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 4016 -
FCL 4017 -

Country coverage:

Kuwait

Data coverage:

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