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Report World - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Global Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size

The global potassium chloride (MOP) market soared to $X in 2022, increasing by 53% against the previous year. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +77.2% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Potassium Chloride (Mop) Production

In value terms, potassium chloride (MOP) production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 13% against the previous year. As a result, production reached the peak level of $X, and then dropped in the following year.

Potassium Chloride (Mop) Exports

Exports

Global potassium chloride (MOP) exports rose sharply to X tons in 2022, growing by 8.8% compared with the year before. In general, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.6% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by 27% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, potassium chloride (MOP) exports skyrocketed to $X in 2022. Overall, exports enjoyed moderate growth. The growth pace was the most rapid in 2021 with an increase of 40%. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, Canada (X tons) represented the main exporter of potassium chloride (MOP), committing 57% of total exports. Russia (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (9.4%), Germany (6.5%) and the United States (4.8%). Chile (X tons) followed a long way behind the leaders.

Canada was also the fastest-growing in terms of the potassium chloride (MOP) exports, with a CAGR of +10.4% from 2012 to 2022. At the same time, the United States (+5.7%), Chile (+4.5%), Russia (+3.4%) and Germany (+1.4%) displayed positive paces of growth. Belarus experienced a relatively flat trend pattern. While the share of Canada (+21 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-3.1 p.p.), Russia (-3.4 p.p.) and Belarus (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest potassium chloride (MOP) supplier worldwide, comprising 49% of global exports. The second position in the ranking was taken by Russia ($X), with an 18% share of global exports. It was followed by Belarus, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to +7.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+2.6% per year) and Belarus (-0.5% per year).

Export Prices by Country

In 2022, the average potassium chloride (MOP) export price amounted to $X per ton, increasing by 29% against the previous year. Over the period under review, the export price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the other global leaders experienced a decline in the export price figures.

Potassium Chloride (Mop) Imports

Imports

Global potassium chloride (MOP) imports surged to X tons in 2022, rising by 25% against 2021. Overall, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.0% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 26% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, potassium chloride (MOP) imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a measured expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons), distantly followed by China (X tons), the United States (X tons), India (X tons) and Malaysia (X tons) were the major importers of potassium chloride (MOP), together making up 75% of total imports. The following importers - Thailand (X tons), South Korea (X tons), Belgium (X tons), Poland (X tons) and Vietnam (X tons) - each accounted for a 9.2% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Brazil (with a CAGR of +12.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest potassium chloride (MOP) importing markets worldwide were Brazil ($X), the United States ($X) and China ($X), with a combined 64% share of global imports.

Brazil, with a CAGR of +10.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global 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, jumping by 33% against the previous year. Over the period under review, the import price, however, saw a mild setback. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of potassium chloride mop) consumption in 2021 were China, Brazil and the United States, with a combined 54% share of global consumption. India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel lagged somewhat behind, together accounting for a further 24%.
The countries with the highest volumes of potassium chloride mop) production in 2021 were Canada, Russia and Belarus, together comprising 67% of global production. China, Israel, Jordan and Germany lagged somewhat behind, together accounting for a further 26%.
In value terms, Canada, Russia and Belarus appeared to be the countries with the highest levels of exports in 2021, with a combined 78% share of global exports. Israel, the United States, Germany and the UK lagged somewhat behind, together comprising a further 17%.
In value terms, the largest potassium chloride mop) importing markets worldwide were Brazil, the United States and China, together accounting for 59% of global imports. India, Indonesia, Malaysia, Belgium, Poland, Thailand and Uruguay lagged somewhat behind, together comprising a further 21%.
The average potassium chloride mop) export price stood at $286 per ton in 2021, picking up by 33% against the previous year.
In 2021, the average potassium chloride mop) import price amounted to $291 per ton, jumping by 19% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Belarus Potash Company, Aarti Industries, Israel Chemicals, Uralkali, Cargill, Agrium, JSC Belaruskali, PotashCorp, Jiangsu Kolod, Nanchang BASF, Surya Fine Chem, Bostick & Sullivan, K S Kali GmbH, Mark-Chem, Heena Pharm, K+S Group, AKSELL, Mayur Chemical Industries, Lianyungang Hengsheng, Shaanxi Top Pharm, Superior Supplement Manufacturing, Superior Supplement Manufacturing, Tricura Gmbh & Co., Aurepio, Calmags Gmbh, Compag Handels Gmbh, Jäklechemie Gmbh & Co., Donauchem Gmbh, Prochem

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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