Carbonates; Potassium Carbonate Price in Russia - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Russia (FOB) - 2022
- Carbonates; Potassium Carbonate Price in Russia (CIF) - 2022
- Carbonates; Potassium Carbonate Exports in Russia
- Carbonates; Potassium Carbonate Imports in Russia
Carbonates; Potassium Carbonate Price in Russia (FOB) - 2022
In January 2022, the average carbonates; potassium carbonate export price amounted to $929 per ton, picking up by 17% against the previous month. Over the period from January 2021 to January 2022, it increased at an average monthly rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In January 2022, the countries with the highest prices were Mexico ($1,145 per ton) and Italy ($1,095 per ton), while the average price for exports to Turkey ($880 per ton) and Poland ($887 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Russia (CIF) - 2022
In January 2022, the average carbonates; potassium carbonate import price amounted to $1,594 per ton, falling by -18.9% against the previous month. Over the period under review, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in October 2021 an increase of 115% against the previous month. Over the period under review, average import prices hit record highs at $5,511 per ton in January 2021; however, from February 2021 to January 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,046 per ton), while the price for South Korea ($1,023 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Potassium Carbonate Exports in Russia
In 2022, overseas shipments of carbonates; potassium carbonates were finally on the rise to reach 44K tons after two years of decline. Overall, exports, however, showed a noticeable descent.
In value terms, carbonates; potassium carbonate exports dropped to $27M in 2022. In general, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
| Export of Carbonates; Potassium Carbonate in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 10.8 | 8.5 | 9.0 | 9.6 | -3.9% |
| Turkey | 2.6 | 2.5 | 3.5 | 7.3 | 41.1% |
| Spain | 2.2 | 1.9 | 2.3 | 3.6 | 17.8% |
| Mexico | 0.5 | 0.6 | 0.6 | 1.0 | 26.0% |
| Egypt | 0.1 | 0.2 | 0.9 | 1.0 | 115.4% |
| Italy | 1.2 | 0.8 | 1.0 | 0.7 | -16.4% |
| Indonesia | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Argentina | 1.0 | 0.5 | 1.4 | 0.6 | -15.7% |
| Belarus | 0.5 | 0.2 | 0.3 | 0.5 | 0.0% |
| Czech Republic | 0.8 | 0.7 | 0.7 | 0.5 | -14.5% |
| Brazil | 1.9 | 1.4 | 1.8 | 0.3 | -46.0% |
| Ukraine | 1.5 | 1.4 | 1.6 | N/A | 3.3% |
| India | 1.5 | 2.1 | 1.7 | N/A | 6.5% |
| Others | 5.9 | 4.1 | 3.1 | 0.7 | -50.9% |
| Total | 30.5 | 25.1 | 28.1 | 26.6 | -4.5% |
Top Export Markets for Carbonates; Potassium Carbonate from Russia in 2022:
- Poland (16.7K tons)
- Turkey (12.7K tons)
- Spain (5.7K tons)
- Egypt (1.7K tons)
- Mexico (1.3K tons)
- Italy (1.0K tons)
- Indonesia (1.0K tons)
- Argentina (0.9K tons)
- Czech Republic (0.8K tons)
- Belarus (0.7K tons)
- Brazil (0.5K tons)
Carbonates; Potassium Carbonate Imports in Russia
In 2022, imports of carbonates; potassium carbonates into Russia skyrocketed to 1.1K tons, with an increase of 18% compared with the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 87%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, carbonates; potassium carbonate imports shrank to $1.6M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41%.
| Import of Carbonates; Potassium Carbonate in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 218 | 569 | 303 | 845 | 57.1% |
| China | 52.7 | 35.4 | 191 | 399 | 96.4% |
| Ireland | 334 | 327 | 516 | 315 | -1.9% |
| Germany | 296 | 293 | 501 | 41.6 | -48.0% |
| France | 26.9 | 75.3 | 83.2 | 0.3 | -77.7% |
| Italy | 86.9 | 143 | 131 | N/A | 22.8% |
| Others | 18.8 | 15.6 | 19.6 | N/A | 2.1% |
| Total | 1,033 | 1,458 | 1,745 | 1,602 | 15.7% |
Top Suppliers of Carbonates; Potassium Carbonate to Russia in 2022:
- South Korea (840.6 tons)
- China (170.3 tons)
- Ireland (79.3 tons)
- Germany (10.4 tons)
- France (0.2 tons)
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