Report Update Nov 1, 2024

Puerto Rico - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Sodium Nitrate Market 2024

Sodium Nitrate Exports

Exports by Country

Chile was the largest exporting country with an export of about X tons, which reached 39% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with a 19% share, followed by China (11%), Denmark (11%), the United States (4.7%) and Germany (0%). Russia (X tons) and the Czech Republic (X tons) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sodium nitrate exports from Chile stood at -10.2%. At the same time, the Czech Republic (+69.4%), the Netherlands (+39.0%), Russia (+17.7%), Germany (+12.1%), Denmark (+7.9%) and the United States (+6.5%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +69.4% from 2012-2021. By contrast, China (-3.8%) illustrated a downward trend over the same period. The Netherlands (+18 p.p.), Denmark (+7.7 p.p.), the United States (+3.1 p.p.), Russia (+3 p.p.), the Czech Republic (+2.4 p.p.) and China (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while Germany and Chile saw its share reduced by -10.3% and -23% from 2012 to 2021, respectively.

In value terms, Chile ($X) remains the largest sodium nitrate supplier from Puerto Rico, comprising 48% of global exports. The second position in the ranking was held by China ($X), with a 10% share of global exports. It was followed by Denmark, with an 8% share.

In Chile, sodium nitrate exports declined by an average annual rate of -10.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: China (-4.8% per year) and Denmark (+8.7% per year).

Sodium Nitrate Imports

Imports by Country

The United States (X tons) and the United Arab Emirates (X tons) represented the largest importers of sodium nitrate in 2021, recording approx. 13% and 11% of total imports, respectively. Japan (X tons) ranks next in terms of the total imports with a 7.4% share, followed by the Netherlands (6.3%), Malaysia (5.9%) and Brazil (5.7%). Canada (X tons), South Korea (X tons), Belgium (X tons), Poland (X tons), France (X tons), Turkey (X tons) and Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +66.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sodium nitrate importing markets into Puerto Rico were the United States ($X), Japan ($X) and the United Arab Emirates ($X), with a combined 32% share of total imports.

The United Arab Emirates, with a CAGR of +56.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium nitrate in the world?

The country with the largest volume of sodium nitrate consumption was Chile, accounting for 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. The third position in this ranking was occupied by Russia, with a 3.9% share.

What are the largest producers of sodium nitrate in the world?

Chile remains the largest sodium nitrate producing country worldwide, accounting for 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. Germany ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of sodium nitrate to Puerto Rico?

In value terms, the largest sodium nitrate importing markets into Puerto Rico were the United States, Japan and Brazil, with a combined 30% share of total imports. These countries were followed by Malaysia, Canada, Belgium, South Africa, the United Arab Emirates, Turkey, Peru, the Netherlands, Vietnam and Indonesia, which together accounted for a further 29%.

What are the leading importers of sodium nitrate from Puerto Rico?

In value terms, the largest sodium nitrate supplying countries from Puerto Rico were Chile, Denmark and Germany, together comprising 63% of total exports. China, South Africa, the Netherlands and the United States lagged somewhat behind, together comprising a further 25%.

What is the average export price for sodium nitrate in Puerto Rico?

In 2021, the sodium nitrate export price in Puerto Rico amounted to $less than 0.1 per ton, approximately reflecting the previous year.

What is the average import price for sodium nitrate in Puerto Rico?

In 2021, the sodium nitrate import price in Puerto Rico amounted to $less than 0.1 per ton, leveling off at the previous year.

This report provides an in-depth analysis of the sodium nitrate market in Puerto Rico. 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 4005 -

Country coverage:

Puerto Rico

Data coverage:

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