Japan - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPotassium Sulphate (SOP) Price in Japan - 2023
Contents:
- Potassium Sulphate (SOP) Price in Japan (CIF) - 2023
- Potassium Sulphate (SOP) Price in Japan (FOB) - 2022
- Potassium Sulphate (SOP) Imports in Japan
- Potassium Sulphate (SOP) Exports in Japan
Potassium Sulphate (SOP) Price in Japan (CIF) - 2023
In July 2023, the average potassium sulphate (SOP) import price amounted to $669 per ton, which is down by -18% against the previous month. In general, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 14% m-o-m. The import price peaked at $1,205 per ton in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Germany ($903 per ton) and China ($783 per ton), while the price for Taiwan (Chinese) ($608 per ton) and South Korea ($646 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced a decline.
Potassium Sulphate (SOP) Price in Japan (FOB) - 2022
In 2022, the average potassium sulphate (SOP) export price amounted to $987 per ton, declining by -13.6% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $2,714 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($1,259 per ton), while the average price for exports to China ($748 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 Bangladesh (-5.6%), while the prices for the other major destinations experienced a decline.
Potassium Sulphate (SOP) Imports in Japan
In 2022, purchases abroad of potassium sulphate (SOP) increased by 8.3% to 77K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a slight downturn.
In value terms, potassium sulphate (SOP) imports surged to $71M in 2022. Overall, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Potassium Sulphate (SOP) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 16.9 | 14.9 | 18.9 | 48.2 | 41.8% |
| Germany | 13.8 | 9.1 | 4.9 | 9.0 | -13.3% |
| South Korea | 4.4 | 3.5 | 2.9 | 7.6 | 20.0% |
| China | 5.3 | 6.3 | 10.5 | 3.3 | -14.6% |
| Vietnam | 0.1 | 0.1 | 0.5 | 2.1 | 175.9% |
| Others | 1.9 | 0.9 | 0.8 | 1.1 | -16.7% |
| Total | 42.4 | 34.7 | 38.4 | 71.4 | 19.0% |
Top Suppliers of Potassium Sulphate (SOP) to Japan in 2022:
- Taiwan (Chinese) (51.3K tons)
- Germany (11.0K tons)
- South Korea (7.7K tons)
- China (4.1K tons)
- Vietnam (2.0K tons)
Potassium Sulphate (SOP) Exports in Japan
In 2022, shipments abroad of potassium sulphate (SOP) decreased by -56% to 98 tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 727%. As a result, the exports reached the peak of 364 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, potassium sulphate (SOP) exports reduced markedly to $97K in 2022. In general, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 540% against the previous year. As a result, the exports attained the peak of $474K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Potassium Sulphate (SOP) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.1 | 49.4 | 63.4 | 54.3 | 1.4% |
| Bangladesh | 4.2 | 10.5 | 11.4 | 19.4 | 66.5% |
| China | 10.3 | 414 | N/A | 14.8 | 12.8% |
| South Korea | N/A | N/A | 6.6 | 8.2 | 24.2% |
| Taiwan (Chinese) | 7.5 | N/A | 168 | N/A | 373.3% |
| Others | N/A | N/A | 4.9 | N/A | 0% |
| Total | 74.1 | 474 | 254 | 96.8 | 9.3% |
Top Export Markets for Potassium Sulphate (SOP) from Japan in 2022:
- United States (54.0 tons)
- China (19.8 tons)
- Bangladesh (15.4 tons)
- South Korea (8.8 tons)
This report provides an in-depth analysis of the potassium sulphate (sop) market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
311
This report provides an in-depth analysis of the potassium sulphate (sop) market in Japan.
366
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 Japan.
421
This report provides an in-depth analysis of the potassic fertilizer market in Japan.
387
This report provides an in-depth analysis of the potassium chloride (mop) market in Japan.
419
This report provides an in-depth analysis of the global potassium sulphate (sop) market.
2054
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.
1270
This report provides an in-depth analysis of the global potassic fertilizer market.
1149
This report provides an in-depth analysis of the global potassium chloride (mop) market.
311
This report provides an in-depth analysis of the potassium sulphate (sop) market in Japan.
366
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 Japan.
1291
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...
939
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...
271
Explore the top import markets for potassic fertilizer and their key statistics. Learn about the leading countries, emerging markets, and the importance of potassic fertilizer in maximizing crop yields.
844
In value terms, animal and vegetable fertilizers imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual r...
733
In value terms, animal and vegetable fertilizers exports amounted to $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total exports value increased at an average annu...
195
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.
1466
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.
1291
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...
939
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...
271
Explore the top import markets for potassic fertilizer and their key statistics. Learn about the leading countries, emerging markets, and the importance of potassic fertilizer in maximizing crop yields.
