Malaysia - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Malaysia - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights

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Potassium Nitrate Price in Malaysia - 2021

Contents:

  1. Potassium Nitrate Price in Malaysia (CIF) - 2021
  2. Potassium Nitrate Price in Malaysia (FOB) - 2022
  3. Potassium Nitrate Imports in Malaysia
  4. Potassium Nitrate Exports in Malaysia

Potassium Nitrate Price in Malaysia (CIF) - 2021

In December 2021, the average potassium nitrate import price amounted to $1,189 per ton, remaining stable against the previous month. In general, the import price, however, saw a tangible expansion. The pace of growth appeared the most rapid in July 2021 an increase of 75% against the previous month. The import price peaked at $1,871 per ton in August 2021; however, from September 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($9,716 per ton), while the price for Jordan ($826 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Potassium Nitrate Price in Malaysia (FOB) - 2022

In 2022, the average potassium nitrate export price amounted to $791 per ton, falling by -24.8% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 43%. The export price peaked at $1,875 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($2,071 per ton), while the average price for exports to Indonesia ($491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Nitrate Imports in Malaysia

In 2022, imports of potassium nitrates into Malaysia rose remarkably to 12K tons, picking up by 14% against the year before. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, potassium nitrate imports soared to $19M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Potassium Nitrate in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.50.81.76.9139.9%
Jordan1.31.41.55.662.7%
Belgium0.30.40.84.3142.9%
Thailand0.40.50.61.658.7%
Chile0.1N/A0.10.681.7%
Switzerland0.60.91.1N/A35.4%
Netherlands0.8N/A1.3N/A27.5%
Others1.81.51.90.3-45.0%
Total5.85.78.919.449.6%

Top Suppliers of Potassium Nitrate to Malaysia in 2022:

  1. Jordan (4.0K tons)
  2. China (3.7K tons)
  3. Belgium (2.7K tons)
  4. Thailand (1.0K tons)
  5. Chile (0.4K tons)

Potassium Nitrate Exports in Malaysia

In 2022, approx. 66 tons of potassium nitrates were exported from Malaysia; declining by -15.9% on the previous year. Over the period under review, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 313%.

In value terms, potassium nitrate exports declined dramatically to $52K in 2022. Overall, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 370%.

Export of Potassium Nitrate in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia3.21.610.924.697.4%
Singapore9.03.517.319.930.3%
Lao People's Democratic RepublicN/AN/AN/A7.60%
China89.6N/AN/AN/A0%
Vietnam31.79.639.4N/A11.5%
Brunei Darussalam4.32.714.0N/A80.4%
Others0.90.31.1N/A10.6%
Total13917.682.752.2-27.9%

Top Export Markets for Potassium Nitrate from Malaysia in 2022:

  1. Indonesia (50.1 tons)
  2. Singapore (9.6 tons)
  3. Lao People's Democratic Republic (6.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassium nitrate market in Malaysia. 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 4025 - Potassium nitrate

Country coverage:

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...

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In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...

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In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...

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Free Data: Nitrates Of Potassium - Malaysia