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Store → Chemicals → Potassium Chloride (MOP)
Report Colombia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Colombia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Potassium Chloride (Mop) Market 2023

Potassium Chloride (Mop) Market Size in Colombia

The Colombian potassium chloride (MOP) market dropped sharply to $X in 2021, falling by -22.5% against the previous year. Over the period under review, consumption continues to indicate a mild slump. Potassium chloride (MOP) consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Potassium Chloride (Mop) Production in Colombia

In value terms, potassium chloride (MOP) production declined significantly to $X in 2021 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2020 when the production volume increased by 203%. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Potassium Chloride (Mop) Exports

Exports from Colombia

In 2021, shipments abroad of potassium chloride (MOP) increased by 241% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 308%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, potassium chloride (MOP) exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 176% 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

Venezuela (X tons) was the main destination for potassium chloride (MOP) exports from Colombia, with a 87% share of total exports. Moreover, potassium chloride (MOP) exports to Venezuela exceeded the volume sent to the second major destination, Ecuador (X tons), tenfold. Chile (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to Venezuela amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-26.2% per year) and Chile (0.0% per year).

In value terms, the largest markets for potassium chloride (MOP) exported from Colombia were Venezuela ($X), Ecuador ($X) and Chile ($X), together comprising 99% of total exports.

In terms of the main countries of destination, Chile, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2021, with a decrease of -49.1% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 96% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Chloride (Mop) Imports

Imports into Colombia

Potassium chloride (MOP) imports into Colombia reduced sharply to X tons in 2021, which is down by -37% compared with the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 30%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, potassium chloride (MOP) imports contracted dramatically to $X in 2021. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 24%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Canada (X tons), Belarus (X tons) and Russia (X tons) were the main suppliers of potassium chloride (MOP) imports to Colombia, together accounting for 84% of total imports. Germany, Belgium, Chile and Lithuania lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +3,291.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Belarus ($X) and Russia ($X) constituted the largest potassium chloride (MOP) suppliers to Colombia, together accounting for 85% of total imports. Germany, Belgium, Chile and Lithuania lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, Belgium, with a CAGR of +3,182.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average potassium chloride (MOP) import price amounted to $X per ton, growing by 12% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.7%), while the prices for the other major suppliers experienced a decline.

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 accounting for 54% of global consumption. Germany, Indonesia, India, Belarus, Malaysia, South Korea and Russia lagged somewhat behind, together comprising 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 Colombia?
+
In value terms, Canada, Belarus and Russia appeared to be the largest potassium chloride MOP) suppliers to Colombia, together accounting for 85% of total imports. Germany, Belgium, Chile and Lithuania lagged somewhat behind, together accounting for a further 14%.
What are the leading importers of potassium chloride (mop) from Colombia?
+
In value terms, the largest markets for potassium chloride MOP) exported from Colombia were Venezuela, Ecuador and Chile, with a combined 99% share of total exports.
What is the average export price for potassium chloride (mop) in Colombia?
+
In 2021, the average potassium chloride MOP) export price amounted to $859 per ton, waning by -49.1% against the previous year.
What is the average import price for potassium chloride (mop) in Colombia?
+
In 2021, the average potassium chloride MOP) import price amounted to $317 per ton, increasing by 12% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Colombia. 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:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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 2012-2022
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, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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