Report Update Nov 1, 2024

Luxembourg - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Potassium Nitrate Market 2024

Potassium Nitrate Market Size in Luxembourg

The Luxembourg potassium nitrate market totaled $X in 2022, almost unchanged from the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +43.3% against 2017 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Potassium Nitrate Production in Luxembourg

In value terms, potassium nitrate production amounted to $X in 2022 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 21% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Potassium Nitrate Exports

Exports from Luxembourg

In 2017, approx. X kg of potassium nitrates were exported from Luxembourg; growing by 15,200% against the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium nitrate exports declined notably to $X in 2017. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 6,250% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2017, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X kg) was the main destination for potassium nitrate exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Germany totaled +251.7%.

In value terms, Germany ($X) also remains the key foreign market for potassium nitrates exports from Luxembourg.

From 2013 to 2017, the average annual rate of growth in terms of value to Germany stood at +101.1%.

Export Prices by Country

The average potassium nitrate export price stood at $X per ton in 2017, declining by -99.6% against the previous year. Overall, the export price faced a dramatic descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 2,017%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2017, 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 Germany.

From 2013 to 2017, the rate of growth in terms of prices for Germany amounted to -42.8% per year.

Potassium Nitrate Imports

Imports into Luxembourg

In 2022, potassium nitrate imports into Luxembourg soared to X tons, with an increase of 1,362% against the year before. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium nitrate imports surged to $X in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest potassium nitrate supplier to Luxembourg, with a 73% share of total imports. It was followed by Belgium (X kg), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +18.0%.

In value terms, Germany ($X) constituted the largest supplier of potassium nitrates to Luxembourg, comprising 96% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +19.9%.

Import Prices by Country

In 2022, the average potassium nitrate import price amounted to $X per ton, reducing by -43.2% against the previous year. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in 2019 an increase of 164%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium nitrates in the world?

China remains the largest potassium nitrate consuming country worldwide, accounting for 16% of total volume. Moreover, potassium nitrate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Spain, with a 5.5% share.

What are the largest producers of potassium nitrates in the world?

The countries with the highest volumes of in 2021 were China, Chile and India, together accounting for 36% of global production.

What are the leading suppliers of potassium nitrates to Luxembourg?

In value terms, the largest potassium nitrate suppliers to Luxembourg were Germany $916) and Belgium $542).

What are the leading importers of potassium nitrates from Luxembourg?

In value terms, Germany $75) remains the key foreign market for potassium nitrate exports from Luxembourg, comprising 86% of total exports. The second position in the ranking was occupied by the Netherlands $12), with a 14% share of total exports.

What is the average export price for potassium nitrates in Luxembourg?

The average potassium nitrate export price stood at $916 per ton in 2019, approximately reflecting the previous year.

What is the average import price for potassium nitrates in Luxembourg?

The average potassium nitrate import price stood at $6,813 per ton in 2021, falling by -4% against the previous year.

This report provides an in-depth analysis of the potassium nitrate market in Luxembourg. 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 4025 -

Country coverage:

Luxembourg

Data coverage:

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