Ukraine - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Sulphate (SOP) Price in Ukraine - 2023
Contents:
- Potassium Sulphate (SOP) Price in Ukraine (CIF) - 2023
- Potassium Sulphate (SOP) Price in Ukraine (FOB) - 2022
- Potassium Sulphate (SOP) Imports in Ukraine
- Potassium Sulphate (SOP) Exports in Ukraine
Potassium Sulphate (SOP) Price in Ukraine (CIF) - 2023
The average potassium sulphate (SOP) import price stood at $839 per ton in July 2023, declining by -5% against the previous month. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in January 2023 an increase of 30% against the previous month. As a result, import price attained the peak level of $1,550 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Lithuania ($1,034 per ton) and Taiwan (Chinese) ($864 per ton), while the price for Austria ($756 per ton) and Belgium ($857 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 Lithuania (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Sulphate (SOP) Price in Ukraine (FOB) - 2022
The average potassium sulphate (SOP) export price stood at $878 per ton in 2022, growing by 6.2% against the previous year. Overall, the export price showed a measured increase. The pace of growth appeared the most rapid in 2019 an increase of 101% against the previous year. As a result, the export price reached the peak level of $1,395 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($3,429 per ton), while the average price for exports to Brazil ($239 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 Egypt (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Sulphate (SOP) Imports in Ukraine
In 2022, after three years of growth, there was significant decline in purchases abroad of potassium sulphate (SOP), when their volume decreased by -72.1% to 1.5K tons. Overall, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 5.5K tons, and then declined notably in the following year.
In value terms, potassium sulphate (SOP) imports contracted dramatically to $1.5M in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports reached the peak of $3.3M, and then shrank markedly in the following year.
| Import of Potassium Sulphate (SOP) in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 507 | 0% |
| Austria | 200 | 102 | 44.6 | 267 | 10.1% |
| Belgium | 361 | 259 | 613 | 138 | -27.4% |
| Uzbekistan | N/A | 232 | 481 | 131 | -24.9% |
| Germany | 81.2 | 67.3 | 79.5 | 126 | 15.8% |
| Lithuania | 111 | 93.1 | 78.2 | 116 | 1.5% |
| Poland | 1.5 | 1.2 | 1.2 | 89.3 | 290.5% |
| Sweden | 50.7 | 143 | 242 | 29.5 | -16.5% |
| Taiwan (Chinese) | 400 | 404 | 462 | 26.6 | -59.5% |
| China | 113 | 51.9 | 59.2 | N/A | -27.6% |
| Chile | 245 | 251 | 319 | N/A | 14.1% |
| Finland | 108 | 94.1 | 102 | N/A | -2.8% |
| Others | 646 | 649 | 773 | 116 | -43.6% |
| Total | 2,315 | 2,348 | 3,255 | 1,546 | -12.6% |
Top Suppliers of Potassium Sulphate (SOP) to Ukraine in 2022:
- Egypt (447.0 tons)
- Lithuania (247.6 tons)
- Austria (220.5 tons)
- Uzbekistan (147.0 tons)
- Germany (109.8 tons)
- Belgium (104.8 tons)
- Poland (74.3 tons)
- Taiwan (Chinese) (51.0 tons)
- Sweden (44.0 tons)
Potassium Sulphate (SOP) Exports in Ukraine
In 2022, the amount of potassium sulphate (SOP) exported from Ukraine shrank notably to 17 tons, falling by -40.5% on the previous year. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 425% against the previous year. As a result, the exports reached the peak of 29 tons, and then declined sharply in the following year.
In value terms, potassium sulphate (SOP) exports shrank significantly to $15K in 2022. Over the period under review, exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 279%.
| Export of Potassium Sulphate (SOP) in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 24.4 | 5.8 | 22.0 | 14.1 | -16.7% |
| Morocco | 0.8 | 0.1 | 0.3 | 0.2 | -37.0% |
| Brazil | 0.9 | 0.1 | 0.4 | 0.2 | -39.4% |
| Others | 5.5 | 0.3 | 1.4 | 0.8 | -47.4% |
| Total | 31.6 | 6.4 | 24.1 | 15.2 | -21.6% |
Top Export Markets for Potassium Sulphate (SOP) from Ukraine in 2022:
- Turkey (16.1 tons)
- Brazil (0.7 tons)
- Morocco (0.3 tons)
This report provides an in-depth analysis of the potassium sulphate (sop) market in Ukraine. 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:
- Ukraine
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ukraine
- 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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