Mexico - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

Mexico - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Potassium Chloride (MOP) Price in Mexico - 2023

Contents:

  1. Potassium Chloride (MOP) Price in Mexico (CIF) - 2023
  2. Potassium Chloride (MOP) Price in Mexico (FOB) - 2022
  3. Potassium Chloride (MOP) Imports in Mexico
  4. Potassium Chloride (MOP) Exports in Mexico

Potassium Chloride (MOP) Price in Mexico (CIF) - 2023

In August 2023, the average potassium chloride (MOP) import price amounted to $387 per ton, with a decrease of -3.5% against the previous month. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in January 2023 an increase of 139% m-o-m. As a result, import price reached the peak level of $1,868 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,840 per ton), while the price for Uzbekistan ($344 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Potassium Chloride (MOP) Price in Mexico (FOB) - 2022

In October 2022, the average potassium chloride (MOP) export price amounted to $3,407 per ton, with an increase of 171% against the previous month. Over the period under review, the export price, however, recorded a perceptible contraction. Over the period under review, the average export prices attained the maximum at $4,388 per ton in May 2022; however, from June 2022 to October 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From May 2022 to October 2022, the rate of growth in terms of prices for the United States amounted to +170.8% per month.

Potassium Chloride (MOP) Imports in Mexico

Potassium chloride (MOP) imports into Mexico surged to 424K tons in 2022, growing by 309% against 2021. Over the period under review, imports saw a significant increase. 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 $132M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Potassium Chloride (MOP) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus13.6N/A6.753.758.1%
RussiaN/A20.612.146.650.4%
Canada19.426.18.220.62.0%
United States3.42.43.45.718.8%
Germany3.42.74.23.3-1.0%
Others0.43.52.92.276.5%
Total40.255.337.413248.6%

Top Suppliers of Potassium Chloride (MOP) to Mexico in 2022:

  1. Belarus (192.2K tons)
  2. Russia (154.3K tons)
  3. Canada (69.6K tons)
  4. United States (3.3K tons)
  5. Germany (2.6K tons)

Potassium Chloride (MOP) Exports in Mexico

In 2022, potassium chloride (mop) exports from Mexico soared to 491 tons, rising by 98,442% on 2021. Overall, exports recorded a significant increase.

In value terms, potassium chloride (MOP) exports surged to $697K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Potassium Chloride (MOP) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A37.3N/A694331.3%
PeruN/A432N/AN/A0%
EcuadorN/A15.5N/AN/A0%
Others4.425.30.43.1-11.0%
Total4.45100.4697441.1%

Top Export Markets for Potassium Chloride (MOP) from Mexico in 2022:

  1. United States (490.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassium chloride (mop) market in Mexico. 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:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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:

  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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Potassium Chloride (MOP) - Mexico