New Zealand - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassium Chloride (MOP) Price in New Zealand - 2023
Contents:
- Potassium Chloride (MOP) Price in New Zealand (CIF) - 2023
- Potassium Chloride (MOP) Price in New Zealand (FOB) - 2022
- Potassium Chloride (MOP) Imports in New Zealand
- Potassium Chloride (MOP) Exports in New Zealand
Potassium Chloride (MOP) Price in New Zealand (CIF) - 2023
The average potassium chloride (MOP) import price stood at $496 per ton in September 2023, surging by 17% against the previous month. Over the period under review, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 257% month-to-month. The import price peaked at $2,510 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Lao People's Democratic Republic ($553 per ton), while the price for Germany totaled $476 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (-4.1%), while the prices for the other major suppliers experienced a decline.
Potassium Chloride (MOP) Price in New Zealand (FOB) - 2022
In 2022, the average potassium chloride (MOP) export price amounted to $584 per ton, shrinking by -33.5% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 502%. As a result, the export price reached the peak level of $4,984 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($875 per ton), while the average price for exports to Australia totaled $538 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+70.1%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Chloride (MOP) Imports in New Zealand
In 2022, imports of potassium chloride (MOP) into New Zealand contracted dramatically to 155K tons, declining by -42.8% on 2021. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 272K tons, and then declined sharply in the following year.
In value terms, potassium chloride (MOP) imports expanded notably to $129M in 2022. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 91%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Potassium Chloride (MOP) in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 47.1 | 46.8 | 76.1 | 104 | 30.2% |
| United States | N/A | N/A | N/A | 19.6 | 0% |
| Malaysia | N/A | N/A | 2.2 | 4.7 | 113.6% |
| Lithuania | 10.3 | N/A | 12.3 | N/A | 9.3% |
| Belarus | 23.4 | 9.9 | 8.4 | N/A | -40.1% |
| Others | 2.2 | 3.0 | 15.3 | 1.5 | -12.0% |
| Total | 83.1 | 59.8 | 114 | 129 | 15.8% |
Top Suppliers of Potassium Chloride (MOP) to New Zealand in 2022:
- Canada (126.3K tons)
- United States (20.8K tons)
- Malaysia (6.0K tons)
Potassium Chloride (MOP) Exports in New Zealand
Potassium chloride (MOP) exports from New Zealand soared to 85 tons in 2022, increasing by 38% on 2021. Overall, exports, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 369% against the previous year.
In value terms, potassium chloride (MOP) exports contracted to $50K in 2022. Over the period under review, exports, however, recorded a dramatic setback.
| Export of Potassium Chloride (MOP) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 14.5 | 2.3 | 41.4 | 43.6 | 44.3% |
| French Polynesia | 4.5 | 7.7 | 0.8 | 3.1 | -11.7% |
| United States | 20.4 | 25.3 | 5.2 | N/A | -49.5% |
| Tonga | 102 | 0.6 | N/A | N/A | -99.4% |
| Others | 9.9 | 29.5 | 6.8 | 2.9 | -33.6% |
| Total | 151 | 65.5 | 54.2 | 49.6 | -31.0% |
Top Export Markets for Potassium Chloride (MOP) from New Zealand in 2022:
- Australia (81.0 tons)
- French Polynesia (3.6 tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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