World - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Feb 14, 2022

Global Potash Production See Robust Growth with Rising Output in Belarus, Russia and Canada

IndexBox has just published a new report: 'World - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

Global Potash Production

In 2021, global potash production rose by 2.3% y/y to 46M tons of potassium oxide (K2O) equivalent, thanks to rising production in Belarus, Russia and Canada. Potash output in Belarus increased from 7.4M tons to 8M tons, while production in Russia and Canada expanded by 11% y/y to 11M tons and by 1.4% y/y to 14M tons.

Asian, South American and South American countries remain the leading consuming regions, recording the highest consumption growth last year. Driven by rising demand, global potash production is expected to grow by 11% to 51M tons of potassium oxide (K2O) equivalent by 2025 due to a further expansion of capacities in Belarus, Canada and Russia. The planned launch of new mining mines in Brazil, Canada, Ethiopia, Morocco, Spain, and the United States may be delayed due to unfavourable economic conditions or funding.

Global Potassium Hydroxide Exports

In 2020, approx. 1.1M tons of potassium hydroxide (caustic potash) were exported worldwide, decreasing -9.2% against the year before. In value terms, supplies dropped to $646M (IndexBox estimates).

In 2020, Belgium (357K tons), distantly followed by South Korea (208K tons), the U.S. (116K tons), the Czech Republic (79K tons), Germany (77K tons) and Italy (69K tons) were the leading exporters of potassium hydroxide, together mixing up 80% of total supplies. China (48K tons) held a relatively small share of total volume.

In value terms, the largest potassium hydroxide supplying countries worldwide were South Korea ($147M), Belgium ($133M) and the U.S. ($79M), with a combined 56% share of global exports. These countries were followed by the Czech Republic, China, Italy and Germany, which together accounted for a further 21%.

In 2020, the average potassium hydroxide export price amounted to $572 per ton, levelling off at the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($727 per ton), while Germany ($356 per ton) was the lowest. In 2020, the most notable price growth rate was attained by Germany.

Top Leading Potassium Hydroxide Importers Worldwide

In 2020, Germany (141K tons), followed by France (77K tons), Malaysia (76K tons), Belgium (69K tons), Spain (62K tons) and Israel (51K tons) were the major importers of potassium hydroxide (caustic potash), together achieving 47% of total imports. The U.S. (46K tons), the Netherlands (45K tons), Denmark (45K tons), the U.K. (38K tons), Singapore (26K tons), Russia (26K tons) and Italy (25K tons) occupied a minor share of total imports.

In value terms, the largest potassium hydroxide importing markets worldwide were Germany ($71M), Malaysia ($45M) and Israel ($42M), with a combined 23% share of global imports. France, Spain, the Netherlands, the U.K., the U.S., Belgium, Singapore, Denmark, Russia and Italy lagged somewhat behind, comprising a further 36%.

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Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global potassium hydroxide 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:

  • Prodcom 20132530 - Potassium hydroxide (caustic potash)

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:

INEOS, Vynova Group, Inovyn, Potasse and Produits Chimiques SAS, Altair Chimica SpA, Ercros SA, Unid Co Ltd., Taurus Potash Company, Chengdu Huarong Chemical Co Ltd., Occidental Chemical Corp., Olin Chlor Alkali Products, Erco 0wide Inc., Ashta Chemicals Inc., Pan-Americana SA Industrias Quimicas, Esseco do Brasil, AG CHEMI GROUP, HaloPolymer Kirovo-Chepetsk LLC, Soda-Chlorate, RX Chemicals, Omega Finechem Private Limited, K+S Group, Tanaka Ai Co.

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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