Potassium Nitrate Market

Potassium nitrate market: find the most recent data featured by an Ai-driven business intelligence tool. Data cover consumption, companies, exports, market prices, imports, trade, market size, and production. Here is a breakdown by country, including Russia, the U.S., EU, Africa, the U.K., the Middle East, China, and Latin America. Market trends and forecast to 2030 are also provided in the dashboards.


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Potassium Nitrate - World's Largest Markets

RatingCountry
1Israel
2Spain
3Chile
4Netherlands
5Italy

In value terms, the largest potassium nitrate markets worldwide were Israel, Spain and Chile, together comprising 42% of the global market.

Chile (+94.1% per year) recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while potassium nitrate market for the other global leaders experienced more modest paces of growth.

Potassium Nitrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Chile718682661-4.1%
China755688714-2.8%
Jordan828758714-7.1%
Denmark842730729-7.0%
Israel843782744-6.1%
Spain900800755-8.4%
Netherlands799750755-2.8%
Average770731717-3.5%

Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Netherlands ($755 per ton) and Spain ($755 per ton), while Chile ($661 per ton) and China ($714 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France885811819-3.8%
Italy8069218170.7%
Greece7797837790.0%
Morocco861804775-5.1%
Belgium804751747-3.6%
Australia835689720-7.1%
United States6086757178.6%
Turkey849785715-8.2%
Netherlands738691697-2.8%
Peru808751696-7.2%
South Africa722664686-2.5%
Spain758715675-5.6%
India731682644-6.1%
Average790765754-2.3%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in France ($819 per ton) and Italy ($817 per ton), while India ($644 per ton) and Spain ($675 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Potassium Nitrate - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Spain164136135-9.3%
Netherlands150124117-11.9%
United States567548-7.0%
Italy403039-1.3%
Turkey22323731.3%

In value terms, the largest potassium nitrate importing markets worldwide were Spain ($135M), the Netherlands ($117M) and the United States ($48M), together accounting for 38% of global imports. Italy, Turkey, Belgium, Peru, Morocco, South Africa, Australia, India, Greece and France lagged somewhat behind, together accounting for a further 33%.

Australia (+61.9% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Potassium Nitrate - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Chile368273296-10.3%
Israel8910411513.6%
Jordan8184969.1%
China877686-0.6%
Netherlands917273-10.5%

In value terms, Chile ($296M) remains the largest potassium nitrate supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by Israel ($115M), with a 14% share of global exports. It was followed by Jordan, with a 12% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Chile amounted to -10.3%. In the other countries, the average annual rates were as follows: Israel (+13.6% per year) and Jordan (+9.1% per year).

Potassium Nitrate - Market Forecast

Driven by rising demand for potassium nitrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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 Nitrate - Product Coverage

  • HS 283421 - Nitrates; of potassium
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World - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global potassium nitrate market.

Africa - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Africa.

Australia and Oceania - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Australia and Oceania.

Latin America and the Caribbean - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Latin America and the Caribbean.

South-Eastern Asia - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in South-Eastern Asia.

Eastern Asia - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Eastern Asia.

Northern America - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Northern America.

Central Asia - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Central Asia.

Middle East - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in the Middle East.

Southern Asia - Nitrates of Potassium - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the potassium nitrate market in Southern Asia.

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