Report Update Nov 1, 2024

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

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Slovakia: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Slovakia

After two years of growth, the Slovak potassium chloride (MOP) market decreased by -34.4% to $X in 2022. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Potassium Chloride (Mop) Exports

Exports from Slovakia

In 2022, the amount of potassium chloride (MOP) exported from Slovakia surged to X tons, growing by 772% against the previous year's figure. Over the period under review, exports showed resilient growth. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, potassium chloride (MOP) exports surged to $X in 2022. In general, exports showed a significant expansion. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for potassium chloride (MOP) exports from Slovakia, with a 97% share of total exports. It was followed by Hungary (X tons), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +27.8%.

In value terms, the Czech Republic ($X) remains the key foreign market for potassium chloride (MOP) exports from Slovakia, comprising 98% of total exports. The second position in the ranking was held by Hungary ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at +38.0%.

Export Prices by Country

In 2022, the average potassium chloride (MOP) export price amounted to $X per ton, jumping by 61% against the previous year. In general, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 127%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the Czech Republic ($X per ton), while the average price for exports to Hungary totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Potassium Chloride (Mop) Imports

Imports into Slovakia

In 2022, purchases abroad of potassium chloride (MOP) decreased by -34.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by 53% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, potassium chloride (MOP) imports shrank significantly to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 60%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belarus (X tons), Germany (X tons) and Russia (X tons) were the main suppliers of potassium chloride (MOP) imports to Slovakia, with a combined 64% share of total imports. Lithuania, Hungary and Austria lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +41.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest potassium chloride (MOP) suppliers to Slovakia were Belarus ($X), Germany ($X) and Russia ($X), together accounting for 61% of total imports. Lithuania, Hungary and Austria lagged somewhat behind, together accounting for a further 17%.

Lithuania, with a CAGR of +48.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average potassium chloride (MOP) import price amounted to $X per ton, growing by 12% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 15% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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 accounting for 54% of global consumption. These countries were followed by India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel, which together accounted 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, with a combined 67% share of global production. China, Israel, Jordan and Germany lagged somewhat behind, together accounting for a further 26%.

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

In value terms, Germany constituted the largest supplier of potassium chloride mop) to Slovakia, comprising 53% of total imports. The second position in the ranking was occupied by Hungary, with a 23% share of total imports. It was followed by Austria, with a 17% share.

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

In value terms, the Czech Republic remains the key foreign market for potassium chloride mop) exports from Slovakia, comprising 98% of total exports. The second position in the ranking was occupied by Hungary $681), with a 1.9% share of total exports.

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

In 2021, the average potassium chloride mop) export price amounted to $576 per ton, picking up by 5.3% against the previous year.

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

In 2021, the average potassium chloride mop) import price amounted to $368 per ton, with an increase of 15% against the previous year.

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

Slovakia

Data coverage:

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

Reasons to buy this report:

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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
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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