
Denmark - Crude Potash Salts (K2O Content) - Market Analysis, Forecast, Size, Trends and Insights
Denmark: Market for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers 2023
Market Size for Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Denmark
The Danish market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers skyrocketed to $X in 2021, picking up by 32% against the previous year. In general, consumption enjoyed significant growth. Consumption of peaked in 2021 and is expected to retain growth in the near future.
Production of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers in Denmark
In value terms, production of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers dropped markedly to $X in 2021 estimated in export price. Overall, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 49%. Over the period under review, production of reached the peak level at $X in 2020, and then declined significantly in the following year.
Exports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers
Exports from Denmark
In 2021, after two years of growth, there was significant decline in shipments abroad of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, when their volume decreased by -60.2% to X tons. In general, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 140%. As a result, the exports attained the peak of X tons, and then plummeted in the following year.
In value terms, exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers shrank rapidly to $X in 2021. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 106% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.
Exports by Country
Sweden (X tons) was the main destination for exports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers from Denmark, accounting for a 96% share of total exports. It was followed by Norway (X tons), with a 2.5% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to -1.7%.
In value terms, Sweden ($X) remains the key foreign market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers exports from Denmark, comprising 87% of total exports. The second position in the ranking was held by Norway ($X), with a 2.9% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Sweden stood at -1.5%.
Export Prices by Country
The average export price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers stood at $X per ton in 2021, picking up by 38% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.2%).
Imports of Carnallite, Sylvite and Other Crude Natural Potassium Salts, Potassium Magnesium Sulphate and Mixtures of Potassic Fertilisers
Imports into Denmark
For the fourth consecutive year, Denmark recorded growth in purchases abroad of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers, which increased by 3.2% to X tons in 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 246%. Imports peaked in 2021 and are likely to see steady growth in the near future.
In value terms, imports of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers surged to $X in 2021. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 246% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, Germany (X tons) was the main supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Denmark, with a 100% share of total imports. It was followed by the Netherlands (X tons), with a 0.1% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Germany totaled +34.7%.
In value terms, Germany ($X) constituted the largest supplier of carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers to Denmark, comprising 99% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 0.1% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +26.0%.
Import Prices by Country
The average import price for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers stood at $X per ton in 2021, rising by 15% against the previous year. Over the period under review, the import price, however, showed a deep setback. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Germany totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.0%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
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 Denmark. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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