United Kingdom - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUnited Kingdom: Potassium Chloride (Mop) Market 2024
Potassium Chloride (Mop) Market Size in the UK
In 2022, the UK potassium chloride (MOP) market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption enjoyed prominent growth. Potassium chloride (MOP) consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Potassium Chloride (Mop) Exports
Exports from the UK
For the third year in a row, the UK recorded growth in shipments abroad of potassium chloride (MOP), which increased by 41% to X tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 10,705%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, potassium chloride (MOP) exports soared to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 4,534% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Exports by Country
Brazil (X tons), the Netherlands (X tons) and Poland (X tons) were the main destinations of potassium chloride (MOP) exports from the UK, with a combined 89% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +170.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Brazil ($X) emerged as the key foreign market for potassium chloride (MOP) exports from the UK, comprising 61% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by the Netherlands, with an 8% share.
From 2012 to 2022, the average annual growth rate of value to Brazil totaled +116.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+138.6% per year) and the Netherlands (+36.3% per year).
Export Prices by Country
The average potassium chloride (MOP) export price stood at $X per ton in 2022, rising by 92% against the previous year. Over the period under review, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to the Netherlands ($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 Ireland (+9.3%), while the prices for the other major destinations experienced a decline.
Potassium Chloride (Mop) Imports
Imports into the UK
In 2022, after two years of decline, there was significant growth in overseas purchases of potassium chloride (MOP), when their volume increased by 20% to X tons. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 124%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, potassium chloride (MOP) imports skyrocketed to $X in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 107% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Imports by Country
Spain (X tons), Israel (X tons) and Germany (X tons) were the main suppliers of potassium chloride (MOP) imports to the UK, with a combined 93% share of total imports. Canada, Russia, Belgium and the Netherlands lagged somewhat behind, together comprising a further 7.1%.
From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +219.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest potassium chloride (MOP) suppliers to the UK were Spain ($X), Israel ($X) and Germany ($X), with a combined 90% share of total imports. Canada, the Netherlands, Belgium and Russia lagged somewhat behind, together accounting for a further 9%.
Among the main suppliers, Canada, with a CAGR of +221.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average potassium chloride (MOP) import price amounted to $X per ton, picking up by 51% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($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 Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the potassium chloride (mop) market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- 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
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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