China - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassium Chloride (MOP) Price in China - 2023
Contents:
- Potassium Chloride (MOP) Price in China (CIF) - 2023
- Potassium Chloride (MOP) Price in China (FOB) - 2023
- Potassium Chloride (MOP) Imports in China
- Potassium Chloride (MOP) Exports in China
Potassium Chloride (MOP) Price in China (CIF) - 2023
The average potassium chloride (MOP) import price stood at $303 per ton in September 2023, waning by -1.6% against the previous month. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in February 2023 when the average import price increased by 4.1% m-o-m. The import price peaked at $610 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Jordan ($312 per ton) and Israel ($309 per ton), while the price for Canada ($299 per ton) and Belarus ($301 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Jordan (-5.2%), while the prices for the other major suppliers experienced a decline.
Potassium Chloride (MOP) Price in China (FOB) - 2023
The average potassium chloride (MOP) export price stood at $323 per ton in September 2023, with a decrease of -7% against the previous month. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 13% month-to-month. The export price peaked at $665 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($555 per ton), while the average price for exports to Indonesia ($289 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-1.6%), while the prices for the other major destinations experienced a decline.
Potassium Chloride (MOP) Imports in China
After two years of decline, purchases abroad of potassium chloride (MOP) increased by 68% to 13M tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, potassium chloride (MOP) imports soared to $4.2B in 2022. Over the period under review, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potassium Chloride (MOP) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 982 | 886 | 546 | 1,449 | 13.8% |
| Belarus | 554 | 334 | 429 | 928 | 18.8% |
| Russia | 617 | 523 | 645 | 888 | 12.9% |
| Israel | 259 | 176 | 156 | 401 | 15.7% |
| Lao People's Democratic Republic | 56.8 | 29.1 | 100 | 281 | 70.4% |
| Jordan | 200 | 162 | 82.7 | 251 | 7.9% |
| Others | 1.4 | 4.5 | 14.6 | 42.1 | 211.0% |
| Total | 2,670 | 2,115 | 1,973 | 4,241 | 16.7% |
Top Suppliers of Potassium Chloride (MOP) to China in 2022:
- Canada (5.8M tons)
- Belarus (1.9M tons)
- Israel (1.7M tons)
- Russia (1.7M tons)
- Jordan (1.1M tons)
- Lao People's Democratic Republic (0.6M tons)
Potassium Chloride (MOP) Exports in China
Potassium chloride (MOP) exports from China reduced sharply to 35K tons in 2022, declining by -84.7% compared with the previous year. Over the period under review, exports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year.
In value terms, potassium chloride (MOP) exports shrank rapidly to $19M in 2022. In general, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6% against the previous year.
| Export of Potassium Chloride (MOP) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 0.9 | 1.2 | 0.7 | 6.5 | 93.3% |
| Vietnam | 0.2 | 0.4 | 0.3 | 4.2 | 175.9% |
| Philippines | 4.1 | 1.9 | 2.9 | 1.9 | -22.6% |
| South Korea | 38.1 | 26.8 | 26.9 | 1.6 | -65.2% |
| South Africa | 1.1 | 2.0 | 1.7 | 0.7 | -14.0% |
| Malaysia | 2.0 | 0.1 | 18.9 | 0.7 | -29.5% |
| Japan | 29.9 | 23.6 | 16.3 | 0.5 | -74.4% |
| Others | 7.6 | 17.4 | 9.7 | 3.3 | -24.3% |
| Total | 83.8 | 73.3 | 77.4 | 19.3 | -38.7% |
Top Export Markets for Potassium Chloride (MOP) from China in 2022:
- Indonesia (9.8K tons)
- Philippines (6.6K tons)
- Vietnam (6.2K tons)
- South Korea (5.8K tons)
- Japan (1.8K tons)
- Malaysia (1.1K tons)
- South Africa (0.6K tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in 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)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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
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