Hong Kong SAR, China - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassic Fertilizer Price in Hong Kong SAR - 2023
Contents:
- Potassic Fertilizer Price in Hong Kong SAR (CIF) - 2022
- Potassic Fertilizer Price in Hong Kong SAR (FOB) - 2022
- Potassic Fertilizer Imports in Hong Kong SAR
- Potassic Fertilizer Exports in Hong Kong SAR
Potassic Fertilizer Price in Hong Kong SAR (CIF) - 2022
The average potassic fertilizer import price stood at $1,134 per ton in 2022, with an increase of 5.9% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 223% against the previous year. As a result, import price reached the peak level of $11,721 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Macao SAR ($2,106 per ton), while the price for Germany ($797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassic Fertilizer Price in Hong Kong SAR (FOB) - 2022
In 2022, the average potassic fertilizer export price amounted to $705 per ton, dropping by -11.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 75% against the previous year. As a result, the export price attained the peak level of $836 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($897 per ton), while the average price for exports to India ($414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Potassic Fertilizer Imports in Hong Kong SAR
In 2022, overseas purchases of potassic fertilizers decreased by -7.2% to 204 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 49%.
In value terms, potassic fertilizer imports fell slightly to $231K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +71.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports reached the peak of $235K, and then fell modestly in the following year.
| Import of Potassic Fertilizer in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.9 | 118 | 109 | 76.2 | 5.5% |
| Netherlands | 6.4 | 8.8 | 16.1 | 59.1 | 109.8% |
| Germany | 15.1 | 11.7 | 57.9 | 43.6 | 42.4% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.7 | 19.0 | 236.2% |
| Macao SAR | N/A | N/A | N/A | 12.6 | 0% |
| Others | 47.6 | 23.6 | 51.5 | 20.5 | -24.5% |
| Total | 134 | 163 | 235 | 231 | 19.9% |
Top Suppliers of Potassic Fertilizer to Hong Kong SAR in 2022:
- China (67.2 tons)
- Germany (54.6 tons)
- Netherlands (51.3 tons)
- Taiwan (Chinese) (21.2 tons)
- Macao SAR (6.0 tons)
Potassic Fertilizer Exports in Hong Kong SAR
In 2022, shipments abroad of potassic fertilizers was finally on the rise to reach 244 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump.
In value terms, potassic fertilizer exports surged to $172K in 2022. In general, exports, however, showed a drastic downturn.
| Export of Potassic Fertilizer in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 15.5 | 14.4 | 33.0 | 60.0 | 57.0% |
| India | 23.3 | 62.8 | 14.3 | 29.7 | 8.4% |
| Malaysia | 22.4 | 19.1 | 46.7 | 20.1 | -3.5% |
| Taiwan (Chinese) | N/A | N/A | N/A | 19.0 | 0% |
| Australia | 11.2 | 8.7 | 6.0 | 7.8 | -11.4% |
| Brazil | 126 | 25.2 | N/A | N/A | -80.0% |
| Others | 23.8 | 23.7 | 26.0 | 35.5 | 14.3% |
| Total | 222 | 154 | 126 | 172 | -8.2% |
Top Export Markets for Potassic Fertilizer from Hong Kong SAR in 2022:
- Indonesia (87.0 tons)
- India (71.7 tons)
- Malaysia (40.7 tons)
- Taiwan (Chinese) (21.2 tons)
- Australia (16.4 tons)
This report provides an in-depth analysis of the potassic fertilizer market in Hong Kong SAR, China. 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 - Potassium chloride (muriate of potash) (MOP)
- FCL 4017 - Potassium sulphate (sulphate of potash) (SOP)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
397
This report provides an in-depth analysis of the potassic fertilizer market in Hong Kong SAR, China.
333
This report provides an in-depth analysis of the market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in Hong Kong SAR, China.
395
This report provides an in-depth analysis of the potassium chloride (mop) market in Hong Kong SAR, China.
333
This report provides an in-depth analysis of the potassium sulphate (sop) market in Hong Kong SAR, China.
1262
This report provides an in-depth analysis of the global potassic fertilizer market.
2050
This report provides an in-depth analysis of the global market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers.
1145
This report provides an in-depth analysis of the global potassium chloride (mop) market.
416
This report provides an in-depth analysis of the global potassium sulphate (sop) market.
397
This report provides an in-depth analysis of the potassic fertilizer market in Hong Kong SAR, China.
333
This report provides an in-depth analysis of the market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in Hong Kong SAR, China.
259
Explore the top import markets for potassic fertilizer and their key statistics. Learn about the leading countries, emerging markets, and the importance of potassic fertilizer in maximizing crop yields.
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In value terms, animal and vegetable fertilizers exports amounted to $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total exports value increased at an average annu...
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A prolonged price rally is expected in the potassium chloride (MOP) market owing to anticipated supply chain disruptions after the U.S., the UK, Canada and EU countries have imposed sanctions on a major potassium chloride supplier, Belarus Potash Company (BPC). Limited exports from Canada will be another factor instigating price growth. MOP prices have already started to rise in Brazil due to supply delays. The average annual MOP price is projected to surge by 55% y-o-y to near $325 per ton in 2022.
259
Explore the top import markets for potassic fertilizer and their key statistics. Learn about the leading countries, emerging markets, and the importance of potassic fertilizer in maximizing crop yields.
834
In value terms, animal and vegetable fertilizers imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual r...
722
In value terms, animal and vegetable fertilizers exports amounted to $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total exports value increased at an average annu...
