Luxembourg: Potassium Sulphate (Sop) Market 2025

Potassium Sulphate (Sop) Market Size in Luxembourg

After four years of growth, the Luxembourg potassium sulphate (SOP) market decreased by -74.8% to $X in 2022. In general, consumption, however, recorded a remarkable increase. Potassium sulphate (SOP) consumption peaked at $X in 2021, and then dropped dramatically in the following year.

Potassium Sulphate (Sop) Exports

Exports from Luxembourg

In 2022, exports of potassium sulphate (SOP) from Luxembourg shrank dramatically to X tons, dropping by -81.6% on the previous year. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,240%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, potassium sulphate (SOP) exports shrank sharply to $X in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2013 with an increase of 1,285%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons) and Germany (X tons) were the main destinations of potassium sulphate (SOP) exports from Luxembourg.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +20.6%).

In value terms, Belgium ($X) and Germany ($X) appeared to be the largest markets for potassium sulphate (SOP) exported from Luxembourg worldwide.

Germany, with a CAGR of +18.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average potassium sulphate (SOP) export price amounted to $X per ton, dropping by -12.8% against the previous year. Overall, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.9%), while the prices for the other major destinations experienced a decline.

Potassium Sulphate (Sop) Imports

Imports into Luxembourg

In 2022, after four years of growth, there was significant decline in overseas purchases of potassium sulphate (SOP), when their volume decreased by -73% to X tons. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 362%. Imports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, potassium sulphate (SOP) imports contracted notably to $X in 2022. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by 376% against the previous year. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

Germany (X tons) and France (X tons) were the main suppliers of potassium sulphate (SOP) imports to Luxembourg.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +32.3%).

In value terms, the largest potassium sulphate (SOP) suppliers to Luxembourg were Germany ($X) and France ($X).

Germany, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2022, the average potassium sulphate (SOP) import price amounted to $X per ton, dropping by -9.6% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 5.8%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably 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 France stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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