Sodium Nitrate Market

Sodium nitrate market: download recently published data featured by an Ai-driven BI tool. Datasets cover imports, market prices, trade, market size, production, exports, companies, and consumption. There is a split by country, including the Middle East, EU, Russia, the U.S., the U.K., Latin America, China, and Africa. Market insights and outlook to 2030 are also provided in the reports.


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Sodium Nitrate - World's Largest Markets

RatingCountry
1Chile
2United States
3Japan
4Russia
5Ukraine

In value terms, Chile led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

In Chile, the sodium nitrate market shrank by an average annual rate of -14.9% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+6.6% per year) and Japan (+25.8% per year).

Sodium Nitrate Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Netherlands1641501845.9%
Denmark2402622593.9%
China450407431-2.1%
Russia473531444-3.1%
Chile595568515-7.0%
Czech Republic5425395490.6%
United States73478689710.5%
Average522504440-8.1%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($897 per ton), while the Netherlands ($184 per ton) was 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.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Canada46972788137.1%
France63973378210.6%
Japan6967017282.3%
Poland5375656399.1%
United States5696716345.6%
Brazil5624225902.5%
Vietnam639636580-4.7%
Indonesia510488476-3.4%
Peru480445452-3.0%
Denmark3904284335.4%
Pakistan427419416-1.3%
Malaysia454428409-5.1%
Netherlands206211197-2.2%
Average5355445340.0%

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($881 per ton), while the Netherlands ($197 per ton) was amongst the lowest.

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

Sodium Nitrate - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States1719195.1%
Japan6.96.61125.2%
Netherlands4.64.57.830.8%
Brazil5.73.75.2-4.1%
Malaysia3.34.93.99.0%

In value terms, the United States ($19M), Japan ($11M) and the Netherlands ($7.8M) constituted the countries with the highest levels of imports in 2020, together accounting for 35% of global imports. Brazil, Malaysia, Canada, France, Vietnam, Peru, Poland, Indonesia, Denmark and Pakistan lagged somewhat behind, together accounting for a further 27%.

Denmark (+171.0% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Sodium Nitrate - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Chile54357013.6%
China191316-7.4%
Denmark5.78.41138.2%
Netherlands1.71.76.9102.5%
United States5.75.95.91.6%

In value terms, Chile ($70M) remains the largest sodium nitrate supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by China ($16M), with a 12% share of global exports. It was followed by Denmark, with a 8.3% share.

From 2018 to 2020, the average annual growth rate of value in Chile totaled +13.6%. In the other countries, the average annual rates were as follows: China (-7.4% per year) and Denmark (+38.2% per year).

Sodium Nitrate - Market Forecast

Driven by rising demand for sodium 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.

Sodium Nitrate - Product Coverage

  • HS 310250 - Fertilizers, mineral or chemical; nitrogenous, sodium nitrate
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World - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global sodium nitrate market.

Australia and Oceania - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Australia and Oceania.

Northern America - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Northern America.

Middle East - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in the Middle East.

Africa - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Africa.

Eastern Asia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Eastern Asia.

Southern Asia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Southern Asia.

Latin America and the Caribbean - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Latin America and the Caribbean.

South-Eastern Asia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in South-Eastern Asia.

Central Asia - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the sodium nitrate market in Central Asia.

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