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Report Latin America and the Caribbean - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2025

Latin America and the Caribbean - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Potassium Chloride (Mop) Market 2025

Potassium Chloride (Mop) Market Size in Latin America and the Caribbean

The Latin American potassium chloride (MOP) market surged to $X in 2022, picking up by 75% against the previous year. In general, consumption showed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potassium Chloride (Mop) Production in Latin America and the Caribbean

In value terms, potassium chloride (MOP) production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable contraction. The growth pace was the most rapid in 2021 when the production volume increased by 34% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Potassium Chloride (Mop) Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of potassium chloride (MOP) increased by 74% to X tons, rising for the third year in a row after three years of decline. In general, exports saw a moderate expansion. The growth pace was the most rapid in 2021 when exports increased by 110% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, potassium chloride (MOP) exports skyrocketed to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 99%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile prevails in exports structure, finishing at X tons, which was near 96% of total exports in 2022. Bolivia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to potassium chloride (MOP) exports from Chile stood at +4.5%. At the same time, Bolivia (+1,174.4%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +1,174.4% from 2012-2022. From 2012 to 2022, the share of Bolivia increased by +2.5 percentage points.

In value terms, Chile ($X) remains the largest potassium chloride (MOP) supplier in Latin America and the Caribbean, comprising 91% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 5.1% share of total exports.

In Chile, potassium chloride (MOP) exports declined by an average annual rate of -1.1% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by 12% against the previous year. In general, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2018 when the export price increased by 17% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while Chile amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-5.4%).

Potassium Chloride (Mop) Imports

Imports in Latin America and the Caribbean

In 2022, the amount of potassium chloride (MOP) imported in Latin America and the Caribbean skyrocketed to X tons, growing by 68% against the previous year. In general, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium chloride (MOP) imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil dominates imports structure, accounting for X tons, which was approx. 91% of total imports in 2022. Paraguay (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to potassium chloride (MOP) imports into Brazil stood at +12.4%. At the same time, Paraguay (+23.9%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +23.9% from 2012-2022. From 2012 to 2022, the share of Brazil increased by +6.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported potassium chloride (MOP) in Latin America and the Caribbean, comprising 91% of total imports. The second position in the ranking was taken by Paraguay ($X), with a 1.7% share of total imports.

In Brazil, potassium chloride (MOP) imports expanded at an average annual rate of +10.3% over the period from 2012-2022.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, picking up by 13% against the previous year. Overall, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Paraguay amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of potassium chloride mop) consumption was Brazil, accounting for 80% of total volume. Moreover, potassium chloride mop) consumption in Brazil exceeded the figures recorded by the second-largest consumer, Uruguay, more than tenfold. Colombia ranked third in terms of total consumption with a 4.9% share.
The countries with the highest volumes of potassium chloride mop) production in 2021 were Brazil, Chile and Colombia, with a combined 91% share of total production. The Dominican Republic and Bolivia lagged somewhat behind, together comprising a further 8.1%.
In value terms, Chile remains the largest potassium chloride mop) supplier in Latin America and the Caribbean, comprising 71% of total exports. The second position in the ranking was occupied by Brazil, with an 18% share of total exports. It was followed by Peru, with a 3.7% share.
In value terms, Brazil constitutes the largest market for imported potassium chloride mop) in Latin America and the Caribbean, comprising 85% of total imports. The second position in the ranking was occupied by Uruguay, with a 4.8% share of total imports. It was followed by Colombia, with a 3.2% share.
The potassium chloride mop) export price in Latin America and the Caribbean stood at $329 per ton in 2021, waning by -6.6% against the previous year.
In 2021, the potassium chloride mop) import price in Latin America and the Caribbean amounted to $322 per ton, surging by 30% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Latin America and the Caribbean. 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 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • 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:

  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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    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
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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