Russian Federation: Potassium Chloride (Mop) Market 2025

Potassium Chloride (Mop) Market Size in the Russian Federation

In 2022, the Russian potassium chloride (MOP) market increased by 39% to $X, rising for the second year in a row after three years of decline. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +66.7% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Potassium Chloride (Mop) Production in the Russian Federation

In value terms, potassium chloride (MOP) production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Potassium Chloride (Mop) Exports

Exports from the Russian Federation

After five years of growth, shipments abroad of potassium chloride (MOP) decreased by -18.7% to X tons in 2022. In general, total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 26%. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, potassium chloride (MOP) exports stood at $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible increase. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X tons) was the main destination for potassium chloride (MOP) exports from Russia, with a 52% share of total exports. Moreover, potassium chloride (MOP) exports to Brazil exceeded the volume sent to the second major destination, the United States (X tons), threefold. China (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Brazil totaled +23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.6% per year) and China (-6.6% per year).

In value terms, Brazil ($X) remains the key foreign market for potassium chloride (MOP) exports from Russia, comprising 49% of total exports. The second position in the ranking was taken by China ($X), with a 16% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-5.2% per year) and the United States (+10.6% per year).

Export Prices by Country

In 2022, the average potassium chloride (MOP) export price amounted to $X per ton, surging by 34% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure 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 for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the United States ($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 China (+1.4%), while the prices for the other major destinations experienced a decline.

Potassium Chloride (Mop) Imports

Imports into the Russian Federation

In 2022, approx. X tons of potassium chloride (MOP) were imported into Russia; with a decrease of -95.8% against 2021. Overall, imports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 910% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, potassium chloride (MOP) imports shrank remarkably to $X in 2022. In general, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2014 with an increase of 567% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belarus (X tons) was the main supplier of potassium chloride (MOP) to Russia, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Belarus totaled +3.5%.

In value terms, Belarus ($X) constituted the largest supplier of potassium chloride (MOP) to Russia.

From 2012 to 2022, the average annual rate of growth in terms of value from Belarus amounted to +1.0%.

Import Prices by Country

In 2022, the average potassium chloride (MOP) import price amounted to $X per ton, flattening at the previous year. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -2.4% per year.

Source: IndexBox Platform

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