Poland: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Poland

The Polish potassium chloride (MOP) market soared to $X in 2022, growing by 27% against the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +72.6% against 2015 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potassium Chloride (Mop) Production in Poland

In value terms, potassium chloride (MOP) production rose to $X in 2022 estimated in export price. Overall, production posted significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 166% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Potassium Chloride (Mop) Exports

Exports from Poland

In 2022, exports of potassium chloride (MOP) from Poland soared to X tons, increasing by 144% compared with 2021 figures. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2013 when exports increased by 326% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

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

Exports by Country

Ukraine (X tons), Lithuania (X tons) and the Czech Republic (X tons) were the main destinations of potassium chloride (MOP) exports from Poland, together comprising 89% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +144.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potassium chloride (MOP) exported from Poland were Ukraine ($X), Lithuania ($X) and the Czech Republic ($X), with a combined 89% share of total exports.

Ukraine, with a CAGR of +134.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2022, picking up by 63% against the previous year. Over the period under review, the export price saw a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-0.3%), while the prices for the other major destinations experienced a decline.

Potassium Chloride (Mop) Imports

Imports into Poland

In 2022, approx. X tons of potassium chloride (MOP) were imported into Poland; with an increase of 11% against 2021 figures. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, potassium chloride (MOP) imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest potassium chloride (MOP) supplier to Poland, accounting for a 72% share of total imports. Moreover, potassium chloride (MOP) imports from Germany exceeded the figures recorded by the second-largest supplier, Canada (X tons), fivefold. Russia (X tons) ranked third in terms of total imports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+51.9% per year) and Russia (-15.7% per year).

In value terms, Germany ($X), Canada ($X) and Russia ($X) appeared to be the largest potassium chloride (MOP) suppliers to Poland, together comprising 89% of total imports.

In terms of the main suppliers, Canada, with a CAGR of +169.6%, recorded the highest growth rate of the value of imports, 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 potassium chloride (MOP) import price amounted to $X per ton, with an increase of 28% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Canada ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+77.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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