Saudi Arabia: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2025

Market Size for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Saudi Arabia

In 2022, the Saudi market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers decreased by 99.9% to less than $X, falling for the second year in a row after two years of growth. In general, consumption enjoyed significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Saudi Arabia

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Production of peaked in 2022 and is expected to retain growth in the near future.

Exports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Exports from Saudi Arabia

For the sixth year in a row, Saudi Arabia recorded decline in overseas shipments of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, which decreased by -71.5% to X tons in 2022. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2013 with an increase of 180% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers rose sharply to $X in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by 60%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Morocco (X tons) was the main destination for exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Saudi Arabia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco was relatively modest.

In value terms, Morocco ($X) emerged as the key foreign market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco was relatively modest.

Export Prices by Country

The average export price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers stood at $X per ton in 2022, increasing by 276% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers

Imports into Saudi Arabia

In 2021, after two years of growth, there was significant decline in purchases abroad of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, when their volume decreased by -7.7% to X tons. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 239%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers shrank modestly to $X in 2021. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 188% against the previous year. Imports peaked at $X in 2020, and then fell slightly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers supplier to Saudi Arabia, accounting for a 47% share of total imports. Moreover, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Germany exceeded the figures recorded by the second-largest supplier, Latvia (X tons), threefold. The third position in this ranking was held by India (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +36.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+10.4% per year) and India (+35.4% per year).

In value terms, Germany ($X) constituted the largest supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Saudi Arabia, comprising 38% of total imports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total imports. It was followed by Latvia, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.4% per year) and Latvia (+13.4% per year).

Import Prices by Country

In 2021, the average import price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to $X per ton, increasing by 4.3% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :