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Report Canada - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 18, 2023

Canada - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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Canada: Potassium Chloride (Mop) Market 2023

Potassium Chloride (Mop) Market Size in Canada

In 2021, the Canadian potassium chloride (MOP) market decreased by -72.6% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a significant curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Potassium Chloride (Mop) Production in Canada

In value terms, potassium chloride (MOP) production expanded significantly to $X in 2021 estimated in export price. Overall, production saw a pronounced setback. The pace of growth appeared the most rapid in 2015 with an increase of 19%. Potassium chloride (MOP) production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Potassium Chloride (Mop) Exports

Exports from Canada

In 2021, exports of potassium chloride (MOP) from Canada rose to X tons, surging by 1.8% against 2020. The total export volume increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 19%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, potassium chloride (MOP) exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 26% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for potassium chloride (MOP) exports from Canada, accounting for a 50% share of total exports. Moreover, potassium chloride (MOP) exports to the United States exceeded the volume sent to the second major destination, Brazil (X tons), threefold. The third position in this ranking was held by Indonesia (X tons), with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+8.0% per year) and Indonesia (+4.8% per year).

In value terms, the United States ($X) remains the key foreign market for potassium chloride (MOP) exports from Canada, comprising 52% of total exports. The second position in the ranking was held by Brazil ($X), with a 17% share of total exports. It was followed by Indonesia, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+1.9% per year) and Indonesia (-1.5% per year).

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2021, surging by 24% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to the United States ($X per ton) and Brazil ($X per ton), while the average price for exports to China ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.7%), while the prices for the other major destinations experienced a decline.

Potassium Chloride (Mop) Imports

Imports into Canada

In 2021, the amount of potassium chloride (MOP) imported into Canada fell significantly to X tons, which is down by -76% compared with the previous year. In general, imports saw a pronounced descent. The pace of growth was the most pronounced in 2018 when imports increased by 556%. Imports peaked at X tons in 2020, and then declined significantly in the following year.

In value terms, potassium chloride (MOP) imports shrank remarkably to $X in 2021. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 118% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of potassium chloride (MOP) to Canada, with a 73% share of total imports. Moreover, potassium chloride (MOP) imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was taken by Belarus (X tons), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +1,972.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.3% per year) and Belarus (-17.9% per year).

In value terms, the largest potassium chloride (MOP) suppliers to Canada were Russia ($X), the United States ($X) and Germany ($X), together comprising 86% of total imports.

Russia, with a CAGR of +1,191.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average potassium chloride (MOP) import price stood at $X per ton in 2021, picking up by 105% against the previous year. Overall, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2015 an increase of 707%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium chloride (mop) in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Brazil and the United States, together comprising 54% of global consumption. Germany, Indonesia, India, Belarus, Malaysia, South Korea and Russia lagged somewhat behind, together accounting for a further 24%.
What are the largest producers of potassium chloride (mop) in the world?
+
The countries with the highest volumes of production in 2021 were Canada, Russia and Belarus, together accounting for 65% of global production. China, Israel, Germany and Jordan lagged somewhat behind, together accounting for a further 28%.
What are the leading suppliers of potassium chloride (mop) to Canada?
+
In value terms, Russia, the United States and Germany appeared to be the largest potassium chloride MOP) suppliers to Canada, together comprising 86% of total imports.
What are the leading importers of potassium chloride (mop) from Canada?
+
In value terms, the United States remains the key foreign market for potassium chloride MOP) exports from Canada, comprising 52% of total exports. The second position in the ranking was held by Brazil, with a 17% share of total exports. It was followed by Indonesia, with an 8.8% share.
What is the average export price for potassium chloride (mop) in Canada?
+
The average potassium chloride MOP) export price stood at $262 per ton in 2021, with an increase of 24% against the previous year.
What is the average import price for potassium chloride (mop) in Canada?
+
In 2021, the average potassium chloride MOP) import price amounted to $761 per ton, jumping by 105% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Canada. 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 4016 -
Country coverage:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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