Report Update Nov 1, 2024

Northern America - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Northern America

In 2022, the North American potassium chloride (MOP) market increased by 20% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Potassium Chloride (Mop) Production in Northern America

In value terms, potassium chloride (MOP) production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 19%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Potassium Chloride (Mop) Exports

Exports in Northern America

For the third consecutive year, Northern America recorded growth in shipments abroad of potassium chloride (MOP), which increased by 66% to X tons in 2022. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, potassium chloride (MOP) exports surged to $X in 2022. Overall, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada prevails in exports structure, resulting at X tons, which was approx. 92% of total exports in 2022. It was distantly followed by the United States (X tons), mixing up a 7.7% share of total exports.

Canada was also the fastest-growing in terms of the potassium chloride (MOP) exports, with a CAGR of +10.4% from 2012 to 2022. At the same time, the United States (+5.7%) displayed positive paces of growth. From 2012 to 2022, the share of Canada increased by +3.7 percentage points.

In value terms, Canada ($X) remains the largest potassium chloride (MOP) supplier in Northern America, comprising 88% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports.

In Canada, potassium chloride (MOP) exports increased at an average annual rate of +7.6% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, with an increase of 28% against the previous year. In general, the export price, however, recorded a noticeable contraction. Over the period under review, the export prices hit record highs 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 the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%).

Potassium Chloride (Mop) Imports

Imports in Northern America

In 2022, after two years of growth, there was significant decline in purchases abroad of potassium chloride (MOP), when their volume decreased by -20.1% to X tons. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 39%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, potassium chloride (MOP) imports surged to $X in 2022. In general, imports, however, posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of potassium chloride (MOP) imports in 2022 were the United States (X tons), together finishing at 99.9% of total import.

The United States was also the fastest-growing in terms of the potassium chloride (MOP) imports, with a CAGR of +2.6% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported potassium chloride (MOP) in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +5.1%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with an increase of 97% against the previous year. Over the period under review, the import price recorded a pronounced expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium chloride (mop) in Northern America?

The United States remains the largest potassium chloride mop) consuming country in Northern America, accounting for 92% of total volume. Moreover, potassium chloride mop) consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

What are the largest producers of potassium chloride (mop) in Northern America?

Canada remains the largest potassium chloride mop) producing country in Northern America, comprising approx. 99% of total volume.

What are the leading exporters of potassium chloride (mop) in Northern America?

In value terms, Canada remains the largest potassium chloride mop) supplier in Northern America, comprising 88% of total exports. The second position in the ranking was occupied by the United States, with a 12% share of total exports.

What are the leading importers of potassium chloride (mop) in Northern America?

In value terms, the United States constitutes the largest market for imported potassium chloride mop) in Northern America.

What is the average export price for potassium chloride (mop) in Northern America?

In 2021, the potassium chloride mop) export price in Northern America amounted to $262 per ton, increasing by 23% against the previous year.

What is the average import price for potassium chloride (mop) in Northern America?

The potassium chloride mop) import price in Northern America stood at $274 per ton in 2021, rising by 34% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Northern America. 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:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. 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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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
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