Carbonates; Potassium Carbonate Price in Spain - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Spain (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Spain (FOB) - 2023
- Carbonates; Potassium Carbonate Imports in Spain
- Carbonates; Potassium Carbonate Exports in Spain
Carbonates; Potassium Carbonate Price in Spain (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,165 per ton in 2022, rising by 36% against the previous year. Overall, import price indicated a slight increase from 2013 to 2022: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +51.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,530 per ton), while the price for Italy ($808 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Spain (FOB) - 2023
In June 2023, the average carbonates; potassium carbonate export price amounted to $3,787 per ton, rising by 29% against the previous month. Overall, the export price enjoyed buoyant growth. The growth pace was the most rapid in July 2022 when the average export price increased by 175% m-o-m. The export price peaked at $4,018 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Italy ($5,882 per ton), while the average price for exports to France ($1,559 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Potassium Carbonate Imports in Spain
In 2022, approx. 21K tons of carbonates; potassium carbonates were imported into Spain; with an increase of 10% against the year before. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, carbonates; potassium carbonate imports soared to $25M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.7 | 3.7 | 4.7 | 7.5 | 40.6% |
| South Korea | 6.6 | 6.6 | 5.8 | 6.1 | -2.6% |
| Poland | 0.1 | 0.1 | 0.3 | 2.6 | 196.2% |
| Germany | 1.0 | 1.6 | 2.1 | 2.6 | 37.5% |
| France | 0.2 | 0.3 | 0.5 | 2.4 | 128.9% |
| Russia | 1.8 | 2.3 | 2.2 | 1.8 | 0.0% |
| United States | 0.3 | N/A | 0.3 | 1.3 | 63.0% |
| Others | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Total | 13.2 | 14.9 | 16.4 | 24.7 | 23.2% |
Top Suppliers of Carbonates; Potassium Carbonate to Spain in 2022:
- Italy (9.2K tons)
- South Korea (4.2K tons)
- Germany (2.2K tons)
- Poland (1.7K tons)
- Russia (1.6K tons)
- France (0.9K tons)
- United States (0.9K tons)
Carbonates; Potassium Carbonate Exports in Spain
In 2022, approx. 3.1K tons of carbonates; potassium carbonates were exported from Spain; with an increase of 17% on the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, carbonates; potassium carbonate exports soared to $7.8M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,366 | 1,542 | 1,383 | 1,828 | 10.2% |
| France | 1,354 | 575 | 756 | 906 | -12.5% |
| Lithuania | 893 | 387 | 786 | 777 | -4.5% |
| Romania | 688 | 944 | 1,434 | 597 | -4.6% |
| Brazil | 0.2 | N/A | N/A | 401 | 1161.0% |
| Portugal | 463 | 174 | 317 | 360 | -8.0% |
| Czech Republic | 153 | 304 | 266 | 346 | 31.3% |
| Egypt | 0.6 | 0.2 | 7.2 | 324 | 714.3% |
| Mexico | 35.0 | 90.3 | 124 | 322 | 109.5% |
| Switzerland | 22.7 | 40.9 | 29.6 | 256 | 124.3% |
| Austria | 21.1 | N/A | 57.4 | 250 | 128.0% |
| Greece | 71.1 | 87.4 | 159 | 227 | 47.2% |
| Germany | 91.6 | 32.4 | 116 | 144 | 16.3% |
| Others | 430 | 335 | 382 | 1,039 | 34.2% |
| Total | 5,589 | 4,512 | 5,818 | 7,778 | 11.6% |
Top Export Markets for Carbonates; Potassium Carbonate from Spain in 2022:
- Italy (516.5 tons)
- France (475.3 tons)
- Mexico (298.5 tons)
- Brazil (253.1 tons)
- Lithuania (228.8 tons)
- Romania (200.8 tons)
- Portugal (145.5 tons)
- Egypt (144.2 tons)
- Austria (122.1 tons)
- Czech Republic (100.9 tons)
- Switzerland (87.9 tons)
- Greece (83.9 tons)
- Germany (71.0 tons)
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