Ireland - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Sulphate (SOP) Price in Ireland - 2023
Contents:
- Potassium Sulphate (SOP) Price in Ireland (CIF) - 2022
- Potassium Sulphate (SOP) Price in Ireland (FOB) - 2022
- Potassium Sulphate (SOP) Imports in Ireland
- Potassium Sulphate (SOP) Exports in Ireland
Potassium Sulphate (SOP) Price in Ireland (CIF) - 2022
In 2022, the average potassium sulphate (SOP) import price amounted to $938 per ton, picking up by 53% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,909 per ton), while the price for Germany ($932 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+33.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Sulphate (SOP) Price in Ireland (FOB) - 2022
In 2022, the average potassium sulphate (SOP) export price amounted to $626 per ton, reducing by -2.7% against the previous year. In general, the export price continues to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2017 an increase of 6.2% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,113 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($659 per ton), while the average price for exports to the UK stood at $498 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1,145.4%), while the prices for the other major destinations experienced a decline.
Potassium Sulphate (SOP) Imports in Ireland
After three years of growth, purchases abroad of potassium sulphate (SOP) decreased by -32.2% to 2.7K tons in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year.
In value terms, potassium sulphate (SOP) imports expanded modestly to $2.5M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of $2.5M; afterwards, it flattened through to 2022.
| Import of Potassium Sulphate (SOP) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 939 | 2,440 | 2,315 | 2,432 | 37.3% |
| United Kingdom | 97.6 | 92.3 | 86.2 | 66.8 | -11.9% |
| Belgium | 968 | N/A | N/A | 0.1 | -95.3% |
| Others | N/A | N/A | 1.2 | 0.1 | -91.7% |
| Total | 2,005 | 2,532 | 2,402 | 2,499 | 7.6% |
Top Suppliers of Potassium Sulphate (SOP) to Ireland in 2022:
- Belgium (undefined tons)
- Germany (2610.0 tons)
- United Kingdom (53.8 tons)
Potassium Sulphate (SOP) Exports in Ireland
In 2022, potassium sulphate (sop) exports from Ireland dropped slightly to 514 tons, waning by -4.6% compared with the year before. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. As a result, the exports reached the peak of 539 tons, and then dropped slightly in the following year.
In value terms, potassium sulphate (SOP) exports reduced to $321K in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 40%.
| Export of Potassium Sulphate (SOP) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 107 | 126 | 119 | 199 | 23.0% |
| United Kingdom | 123 | 105 | 216 | 106 | -4.8% |
| Ethiopia | 126 | 16.2 | N/A | N/A | -87.1% |
| Czech Republic | 3.0 | N/A | N/A | N/A | 0% |
| Netherlands | 4.7 | N/A | 9.2 | N/A | 39.9% |
| Others | 36.0 | 0.7 | 2.0 | 17.5 | -21.4% |
| Total | 400 | 248 | 346 | 321 | -7.1% |
Top Export Markets for Potassium Sulphate (SOP) from Ireland in 2022:
- France (301.3 tons)
- United Kingdom (211.7 tons)
This report provides an in-depth analysis of the potassium sulphate (sop) market in Ireland. 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 4017 - Potassium sulphate (sulphate of potash) (SOP)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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