Spain: 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 Spain

The Spanish market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers surged to $X in 2022, picking up by 193% against the previous year. Over the period under review, consumption saw a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Over the period under review, production of hit record highs in 2022 and is likely to continue 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 Spain

Exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Spain rose remarkably to X tons in 2022, growing by 11% against 2021 figures. Overall, exports saw a modest expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 35%. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers surged to $X in 2022. Over the period under review, exports recorded strong growth. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Mexico (X tons) and the United States (X tons) were the main destinations of exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Spain, together comprising 54% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +117.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) emerged as the key foreign market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Spain, comprising 31% of total exports. The second position in the ranking was held by Mexico ($X), with an 11% share of total exports. It was followed by the United States, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +42.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+39.1% per year) and the United States (+180.9% per year).

Export Prices by Country

In 2022, the average export price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers amounted to $X per ton, with an increase of 22% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers increased by +35.9% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 72%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to South Korea ($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 the United States (+28.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Spain

In 2022, the amount of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers imported into Spain skyrocketed to X tons, with an increase of 296% on the previous year's figure. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 562%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers skyrocketed to $X in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2016 with an increase of 319%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Israel (X tons) constituted the largest supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Spain, with a 71% share of total imports. Moreover, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Israel exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Israel amounted to +1,516.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+169.9% per year) and Belgium (-19.8% per year).

In value terms, Israel ($X), the UK ($X) and Belgium ($X) appeared to be the largest carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers suppliers to Spain, with a combined 91% share of total imports.

Israel, with a CAGR of +1,398.1%, 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

The average import 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, waning by -60.6% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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