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Report World - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Global Sodium Nitrate Market 2024

Sodium Nitrate Market Size

The global sodium nitrate market declined to $X in 2022, which is down by -7% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Sodium Nitrate Production

In value terms, sodium nitrate production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 9.2% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Sodium Nitrate Exports

Exports

In 2022, global exports of sodium nitrate skyrocketed to X tons, growing by 50% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sodium nitrate exports surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the global exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile was the key exporting country with an export of about X tons, which finished at 61% of total exports. The Netherlands (X tons) took the second position in the ranking, distantly followed by China (X tons). All these countries together took approx. 26% share of total exports. The following exporters - Russia (X tons), Denmark (X tons), the Czech Republic (X tons) and South Africa (X tons) - each accounted for a 7.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sodium nitrate exports from Chile stood at -1.4%. At the same time, the Czech Republic (+60.8%), the Netherlands (+38.8%) and Russia (+15.5%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +60.8% from 2012-2022. South Africa experienced a relatively flat trend pattern. By contrast, China (-2.5%) and Denmark (-7.5%) illustrated a downward trend over the same period. The Netherlands (+17 p.p.), Russia (+1.8 p.p.) and the Czech Republic (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while Denmark, China and Chile saw its share reduced by -2.1%, -2.6% and -10.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest sodium nitrate supplier worldwide, comprising 62% of global exports. The second position in the ranking was taken by China ($X), with a 9.4% share of global exports. It was followed by the Netherlands, with a 7.5% share.

In Chile, sodium nitrate exports plunged by an average annual rate of -1.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (-0.1% per year) and the Netherlands (+32.6% per year).

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2022, rising by 18% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the other global leaders experienced more modest paces of growth.

Sodium Nitrate Imports

Imports

In 2022, global imports of sodium nitrate surged to X tons, rising by 36% compared with the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sodium nitrate imports surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons), distantly followed by Japan (X tons), the United Arab Emirates (X tons), Brazil (X tons) and Malaysia (X tons) were the main importers of sodium nitrate, together creating 51% of total imports. Spain (X tons), Canada (X tons), Pakistan (X tons), France (X tons), Turkey (X tons), Kazakhstan (X tons), Australia (X tons) and Germany (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sodium nitrate imports into the Netherlands stood at +23.3%. At the same time, the United Arab Emirates (+56.3%), Malaysia (+26.1%), Pakistan (+16.1%), Canada (+10.3%), Turkey (+8.0%), Australia (+6.4%), Japan (+4.1%), Kazakhstan (+3.4%), Brazil (+2.7%) and France (+2.6%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +56.3% from 2012-2022. By contrast, Germany (-3.2%) and Spain (-20.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, the United Arab Emirates, Malaysia, Japan, Pakistan, Brazil and Canada increased by +19, +8.2, +4.3, +3.2, +2.5, +2.3 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Brazil ($X) and Canada ($X) were the countries with the highest levels of imports in 2022, together accounting for 31% of global imports. The Netherlands, the United Arab Emirates, France, Spain, Turkey, Malaysia, Australia, Germany, Pakistan and Kazakhstan lagged somewhat behind, together comprising a further 33%.

The United Arab Emirates, with a CAGR of +46.1%, saw the highest growth rate of the value of imports, in terms of 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 sodium nitrate import price amounted to $X per ton, picking up by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 19% against the previous year. Global import price peaked in 2022 and is likely to see steady growth in the near future.

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 Canada ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Chile remains the largest sodium nitrate consuming country worldwide, accounting for 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. The third position in this ranking was occupied by Russia, with a 3.9% share.
Chile remains the largest sodium nitrate producing country worldwide, comprising approx. 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. Germany ranked third in terms of total production with a 7.1% share.
In value terms, Chile, Denmark and Germany appeared to be the countries with the highest levels of exports in 2021, with a combined 63% share of global exports. China, South Africa, the Netherlands and the United States lagged somewhat behind, together comprising a further 25%.
In value terms, the largest sodium nitrate importing markets worldwide were the United States, Japan and Brazil, together accounting for 30% of global imports. These countries were followed by Malaysia, Canada, Belgium, South Africa, the United Arab Emirates, Turkey, Peru, the Netherlands, Vietnam and Indonesia, which together accounted for a further 29%.
The average sodium nitrate export price stood at $425 per ton in 2021, falling by -3.9% against the previous year.
The average sodium nitrate import price stood at $611 per ton in 2021, increasing by 18% against the previous year.

This report provides an in-depth analysis of the global sodium nitrate 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 4005 -

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

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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