Potassium Hydroxide Market
Potassium hydroxide market: enjoy new information powered by an Ai-driven market intelligence platform. Datasets contain imports, companies, consumption, production, exports, market prices, market size, and trade. There is a breakdown by country, including Russia, Africa, Latin America, the Middle East, the U.S., EU, the U.K., and China. Market insights and outlook to 2030 are also provided in the reports.
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Potassium Hydroxide - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | Japan |
4 | Mexico |
5 | United States |
In value terms, the largest potassium hydroxide markets worldwide were China, India and Japan, together comprising 44% of the global market. These countries were followed by Mexico, the United States, Brazil, the UK, Germany, Nigeria, Spain, Ethiopia, Thailand and France, which together accounted for a further 30%.
In terms of the main consuming countries, Nigeria recorded the highest growth rate of market size, over the period under review, while potassium hydroxide market for the other global leaders experienced more modest paces of growth.
Potassium Hydroxide Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Jordan | 427 | 366 | 348 | -9.7% |
Belgium | 399 | 423 | 423 | 3.0% |
Germany | 469 | 494 | 429 | -4.4% |
Italy | 530 | 557 | 486 | -4.2% |
Czech Republic | 584 | 665 | 536 | -4.2% |
United States | 660 | 738 | 694 | 2.5% |
South Korea | 741 | 766 | 707 | -2.3% |
Average | 591 | 607 | 569 | -1.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was South Korea ($707 per ton), while Jordan ($348 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Israel | 490 | 454 | 818 | 29.2% |
United Kingdom | 512 | 469 | 750 | 21.0% |
Russia | 702 | 764 | 706 | 0.3% |
Netherlands | 888 | 876 | 680 | -12.5% |
Spain | 477 | 462 | 656 | 17.3% |
United States | 888 | 805 | 646 | -14.7% |
Mexico | 674 | 676 | 608 | -5.0% |
Malaysia | 740 | 726 | 585 | -11.1% |
Germany | 514 | 533 | 499 | -1.5% |
France | 467 | 498 | 436 | -3.4% |
Denmark | 408 | 464 | 420 | 1.5% |
Belgium | 390 | 321 | 337 | -7.0% |
Free Zones | 372 | 270 | 259 | -16.6% |
Average | 655 | 674 | 681 | 2.0% |
Prices varied noticeably by the country of destination; the country with the highest price was Israel ($818 per ton), while Free Zones ($259 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.
Potassium Hydroxide - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 90 | 90 | 71 | -11.5% |
Malaysia | 37 | 39 | 45 | 9.7% |
Israel | 33 | 30 | 42 | 12.4% |
France | 36 | 37 | 34 | -2.8% |
Spain | 9.4 | 9.9 | 29 | 75.4% |
In value terms, Germany ($71M), Malaysia ($45M) and Israel ($42M) constituted the countries with the highest levels of imports in 2020, together accounting for 21% of global imports. France, Spain, the Netherlands, the UK, the United States, Belgium, Denmark, Russia, Mexico and Free Zones lagged somewhat behind, together accounting for a further 31%.
Among the main importing countries, the Netherlands (+81.6% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Potassium Hydroxide - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
South Korea | 107 | 153 | 147 | 17.2% |
Belgium | 124 | 154 | 133 | 3.5% |
United States | 89 | 86 | 79 | -5.9% |
Czech Republic | 34 | 45 | 42 | 11.7% |
Italy | 34 | 38 | 34 | -0.8% |
In value terms, South Korea ($147M), Belgium ($133M) and the United States ($79M) were the countries with the highest levels of exports in 2020, with a combined 56% share of global exports.
South Korea recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Potassium Hydroxide - Market Forecast
Driven by increasing demand for potassium hydroxide worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Potassium Hydroxide - Product Coverage
- HS 281520 - Potassium hydroxide (caustic potash)
This report provides an in-depth analysis of the global potassium hydroxide market.
This report provides an in-depth analysis of the potassium hydroxide market in Australia and Oceania.
This report provides an in-depth analysis of the potassium hydroxide market in the Middle East.
This report provides an in-depth analysis of the potassium hydroxide market in South-Eastern Asia.
This report provides an in-depth analysis of the potassium hydroxide market in Latin America and the Caribbean.
This report provides an in-depth analysis of the potassium hydroxide market in Northern America.
This report provides an in-depth analysis of the potassium hydroxide market in Eastern Asia.
This report provides an in-depth analysis of the potassium hydroxide market in Africa.
This report provides an in-depth analysis of the potassium hydroxide market in Central Asia.
This report provides an in-depth analysis of the potassium hydroxide market in Southern Asia.