South Africa - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassium Chloride (MOP) Price in South Africa - 2023
Contents:
- Potassium Chloride (MOP) Price in South Africa (CIF) - 2022
- Potassium Chloride (MOP) Price in South Africa (FOB) - 2023
- Potassium Chloride (MOP) Imports in South Africa
- Potassium Chloride (MOP) Exports in South Africa
Potassium Chloride (MOP) Price in South Africa (CIF) - 2022
The average potassium chloride (MOP) import price stood at $327 per ton in 2022, growing by 6.8% against the previous year. In general, the import price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28% against the previous year. The import price peaked at $480 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Israel ($1,211 per ton), while the price for Canada ($175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+10.2%), while the prices for the other major suppliers experienced a decline.
Potassium Chloride (MOP) Price in South Africa (FOB) - 2023
In September 2023, the average potassium chloride (MOP) export price amounted to $741 per ton, increasing by 26% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 58% month-to-month. The export price peaked at $1,094 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to Swaziland ($872 per ton) and Zimbabwe ($704 per ton), while the average price for exports to Zambia ($650 per ton) and Namibia ($654 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Chloride (MOP) Imports in South Africa
For the fourth year in a row, South Africa recorded growth in overseas purchases of potassium chloride (MOP), which increased by 93% to 798K tons in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, potassium chloride (MOP) imports skyrocketed to $261M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potassium Chloride (MOP) in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.4 | 26.0 | 35.1 | 105 | 56.5% |
| Chile | 27.3 | 19.6 | 32.9 | 104 | 56.2% |
| Russia | 0.5 | 9.8 | 14.5 | 18.6 | 233.8% |
| Jordan | 17.7 | 8.2 | 13.9 | 18.3 | 1.1% |
| Canada | N/A | 6.6 | 7.0 | 6.4 | -1.5% |
| Lithuania | 10.7 | 11.1 | 14.3 | N/A | 15.6% |
| Romania | 9.1 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 10.4 | 8.7 | 7.9 | 82.5% |
| Total | 93.9 | 91.7 | 126 | 261 | 40.6% |
Top Suppliers of Potassium Chloride (MOP) to South Africa in 2022:
- Chile (318.5K tons)
- Germany (313.0K tons)
- Russia (73.0K tons)
- Jordan (42.6K tons)
- Canada (36.9K tons)
Potassium Chloride (MOP) Exports in South Africa
Potassium chloride (MOP) exports from South Africa soared to 40K tons in 2022, picking up by 169% against 2021 figures. Overall, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, potassium chloride (MOP) exports skyrocketed to $19M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Potassium Chloride (MOP) in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 3.8 | 5.6 | 3.2 | 9.4 | 35.2% |
| Zambia | 4.5 | 2.8 | 1.5 | 5.8 | 8.8% |
| Swaziland | 1.0 | 0.7 | 0.6 | 1.3 | 9.1% |
| Angola | N/A | N/A | 0.4 | 1.1 | 175.0% |
| Mozambique | 0.2 | 0.5 | 0.1 | 1.0 | 71.0% |
| Namibia | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
| Total | 9.9 | 9.9 | 6.1 | 19.5 | 25.4% |
Top Export Markets for Potassium Chloride (MOP) from South Africa in 2022:
- Zimbabwe (27.0K tons)
- Zambia (7.4K tons)
- Swaziland (1.9K tons)
- Namibia (1.1K tons)
- Angola (0.9K tons)
- Mozambique (0.9K tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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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