Thailand - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassium Chloride (MOP) Price in Thailand - 2023
Contents:
- Potassium Chloride (MOP) Price in Thailand (CIF) - 2022
- Potassium Chloride (MOP) Price in Thailand (FOB) - 2023
- Potassium Chloride (MOP) Imports in Thailand
- Potassium Chloride (MOP) Exports in Thailand
Potassium Chloride (MOP) Price in Thailand (CIF) - 2022
The average potassium chloride (MOP) import price stood at $353 per ton in 2022, growing by 3.9% against the previous year. Overall, the import price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2019 when the average import price increased by 47%. Over the period under review, average import prices reached the maximum at $539 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Lao People's Democratic Republic ($767 per ton), while the price for Chile ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+4.4%), while the prices for the other major suppliers experienced a decline.
Potassium Chloride (MOP) Price in Thailand (FOB) - 2023
The average potassium chloride (MOP) export price stood at $631 per ton in September 2023, jumping by 22% against the previous month. Over the period under review, the export price, however, showed a slight curtailment. The pace of growth was the most pronounced in November 2022 an increase of 47% month-to-month. As a result, the export price reached the peak level of $1,186 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Myanmar ($1,738 per ton), while the average price for exports to Cambodia ($435 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 Indonesia (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Chloride (MOP) Imports in Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of potassium chloride (MOP), which increased by 67% to 1.6M tons in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, potassium chloride (MOP) imports skyrocketed to $575M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potassium Chloride (MOP) in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 98.9 | 78.5 | 120 | 287 | 42.6% |
Belarus | 58.5 | 54.0 | 112 | 66.9 | 4.6% |
Israel | 19.7 | 26.5 | 31.1 | 60.3 | 45.2% |
Germany | 17.2 | 24.4 | 21.0 | 53.4 | 45.9% |
Lao People's Democratic Republic | 16.6 | 19.4 | 23.9 | 48.7 | 43.2% |
Jordan | 0.1 | 1.2 | 7.7 | 26.1 | 539.1% |
Others | 1.8 | 13.2 | 15.4 | 32.6 | 162.6% |
Total | 213 | 217 | 331 | 575 | 39.2% |
Top Suppliers of Potassium Chloride (MOP) to Thailand in 2022:
- Canada (914.3K tons)
- Israel (189.9K tons)
- Belarus (187.7K tons)
- Germany (163.1K tons)
- Jordan (70.0K tons)
- Lao People's Democratic Republic (63.5K tons)
Potassium Chloride (MOP) Exports in Thailand
In 2022, approx. 20K tons of potassium chloride (MOP) were exported from Thailand; rising by 85% on 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, potassium chloride (MOP) exports skyrocketed to $11M in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 198% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Potassium Chloride (MOP) in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lao People's Democratic Republic | 0.6 | 0.2 | 2.2 | 3.4 | 78.3% |
Cambodia | 0.3 | 0.4 | 0.2 | 3.4 | 124.6% |
Myanmar | 0.5 | 0.9 | 2.5 | 3.0 | 81.7% |
Indonesia | N/A | N/A | N/A | 0.7 | 0% |
Malaysia | N/A | 0.2 | 0.1 | 0.2 | 0.0% |
Others | 0.1 | N/A | N/A | 0.3 | 44.2% |
Total | 1.6 | 1.7 | 5.1 | 11.0 | 90.1% |
Top Export Markets for Potassium Chloride (MOP) from Thailand in 2022:
- Cambodia (10.9K tons)
- Lao People's Democratic Republic (4.8K tons)
- Myanmar (2.9K tons)
- Indonesia (1.0K tons)
- Malaysia (0.5K tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
This report provides an in-depth analysis of the potassium chloride (mop) market in Thailand.
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This report provides an in-depth analysis of the potassium sulphate (sop) market in Thailand.
This report provides an in-depth analysis of the global potassium chloride (mop) market.
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.
This report provides an in-depth analysis of the global potassic fertilizer market.
This report provides an in-depth analysis of the global potassium sulphate (sop) market.
This report provides an in-depth analysis of the potassium chloride (mop) market in Thailand.
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 Thailand.
Explore the top import markets for Potassium Chloride (MOP) in the world. Brazil, United States, China, and more lead the market. Key statistics and numbers provided.
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.
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Explore the top import markets for Potassium Chloride (MOP) in the world. Brazil, United States, China, and more lead the market. Key statistics and numbers provided.
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.
In 2016, the global imports of potash stood at X tons, descending by -X% against the previous year level. In general, potash imports continue to indicate a relatively flat trend pattern. The mos...