Report Update Nov 1, 2024

Saudi Arabia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Saudi Arabia

The Saudi potassium chloride (MOP) market shrank rapidly to $X in 2022, waning by -28.5% against the previous year. Overall, consumption, however, showed a prominent expansion. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Potassium Chloride (Mop) Production in Saudi Arabia

In value terms, potassium chloride (MOP) production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

Potassium Chloride (Mop) Exports

Exports from Saudi Arabia

In 2021, the amount of potassium chloride (MOP) exported from Saudi Arabia soared to X tons, rising by 76% on 2020. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 8,888% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, potassium chloride (MOP) exports surged to $X in 2021. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 3,523% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for potassium chloride (MOP) exports from Saudi Arabia, with a 61% share of total exports. Moreover, potassium chloride (MOP) exports to Kuwait exceeded the volume sent to the second major destination, Jordan (X tons), threefold. Oman (X tons) ranked third in terms of total exports with a 12% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Kuwait amounted to +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+211.3% per year) and Oman (0.0% per year).

In value terms, Kuwait ($X) emerged as the key foreign market for potassium chloride (MOP) exports from Saudi Arabia, comprising 67% of total exports. The second position in the ranking was taken by Jordan ($X), with a 19% share of total exports. It was followed by Bahrain, with an 11% share.

From 2013 to 2021, the average annual rate of growth in terms of value to Kuwait totaled +26.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+274.1% per year) and Bahrain (+11.5% per year).

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2021, declining by -32.3% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 242% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+20.0%), while the prices for the other major destinations experienced a decline.

Potassium Chloride (Mop) Imports

Imports into Saudi Arabia

In 2022, potassium chloride (mop) imports into Saudi Arabia declined remarkably to X tons, waning by -99.9% on 2021. Over the period under review, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 128%. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, potassium chloride (MOP) imports contracted dramatically to $X in 2022. Overall, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 145%. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume from Jordan amounted to -35.3%.

In value terms, Jordan ($X) constituted the largest supplier of potassium chloride (MOP) to Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value from Jordan stood at -34.7%.

Import Prices by Country

In 2022, the average potassium chloride (MOP) import price amounted to $X per ton, increasing by 90% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +3.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of potassium chloride mop) consumption in 2021 were China, Brazil and the United States, together comprising 54% of global consumption. India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel lagged somewhat behind, together accounting for a further 24%.

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

The countries with the highest volumes of potassium chloride mop) production in 2021 were Canada, Russia and Belarus, together accounting for 67% of global production. China, Israel, Jordan and Germany lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of potassium chloride (mop) to Saudi Arabia?

In value terms, Jordan constituted the largest supplier of potassium chloride mop) to Saudi Arabia, comprising 81% of total imports. The second position in the ranking was occupied by Russia, with a 14% share of total imports.

What are the leading importers of potassium chloride (mop) from Saudi Arabia?

In value terms, Bahrain remains the key foreign market for potassium chloride mop) exports from Saudi Arabia, comprising 73% of total exports. The second position in the ranking was occupied by Sudan, with a 22% share of total exports.

What is the average export price for potassium chloride (mop) in Saudi Arabia?

The average potassium chloride mop) export price stood at $506 per ton in 2021, growing by 1.6% against the previous year.

What is the average import price for potassium chloride (mop) in Saudi Arabia?

In 2021, the average potassium chloride mop) import price amounted to $298 per ton, almost unchanged from the previous year.

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

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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How to diversify your business and benefit from new market opportunities
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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