Report Denmark - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Denmark - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Potassium Sulphate (Sop) Market 2023

Potassium Sulphate (Sop) Market Size in Denmark

The Danish potassium sulphate (SOP) market surged to $X in 2021, jumping by 92% against the previous year. In general, consumption continues to indicate a noticeable increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Potassium Sulphate (Sop) Production in Denmark

In value terms, potassium sulphate (SOP) production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a significant curtailment. The pace of growth was the most pronounced in 2020 when the production volume decreased by 99.9%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Potassium Sulphate (Sop) Exports

Exports from Denmark

In 2021, shipments abroad of potassium sulphate (SOP) decreased by -25.5% to X tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 611%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, potassium sulphate (SOP) exports shrank significantly to $X in 2021. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by 580%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for potassium sulphate (SOP) exports from Denmark, with a 80% share of total exports. Moreover, potassium sulphate (SOP) exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+49.5% per year) and Germany (-0.3% per year).

In value terms, Sweden ($X) remains the key foreign market for potassium sulphate (SOP) exports from Denmark, comprising 76% of total exports. The second position in the ranking was held by Norway ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+42.9% per year) and Germany (-4.3% per year).

Export Prices by Country

The average potassium sulphate (SOP) export price stood at $X per ton in 2021, with an increase of 9.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 16%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 Sweden (+0.3%), while the prices for the other major destinations experienced a decline.

Potassium Sulphate (Sop) Imports

Imports into Denmark

In 2021, the amount of potassium sulphate (SOP) imported into Denmark declined rapidly to X tons, dropping by -28.3% against the year before. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2013 when imports increased by 36%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, potassium sulphate (SOP) imports shrank notably to $X in 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 42%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main potassium sulphate (SOP) supplier to Denmark, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -4.3%.

In value terms, Germany ($X) constituted the largest supplier of potassium sulphate (SOP) to Denmark.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -10.4%.

Import Prices by Country

In 2021, the average potassium sulphate (SOP) import price amounted to $X per ton, with an increase of 14% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -6.4% per year.

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 sulphate (sop) in the world?
+
Germany remains the largest potassium sulphate SOP) consuming country worldwide, accounting for 27% of total volume. Moreover, potassium sulphate SOP) consumption in Germany exceeded the figures recorded by the second-largest consumer, the United States, twofold. Belgium ranked third in terms of total consumption with an 8.6% share.
What are the largest producers of potassium sulphate (sop) in the world?
+
Germany constituted the country with the largest volume of potassium sulphate SOP) production, comprising approx. 35% of total volume. Moreover, potassium sulphate SOP) production in Germany exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by China, with an 11% share.
What are the leading suppliers of potassium sulphate (sop) to Denmark?
+
In value terms, Germany constituted the largest supplier of potassium sulphate SOP) to Denmark.
What are the leading importers of potassium sulphate (sop) from Denmark?
+
In value terms, Sweden remains the key foreign market for potassium sulphate SOP) exports from Denmark, comprising 76% of total exports. The second position in the ranking was held by Norway, with an 18% share of total exports.
What is the average export price for potassium sulphate (sop) in Denmark?
+
In 2021, the average potassium sulphate SOP) export price amounted to $645 per ton, rising by 9.1% against the previous year.
What is the average import price for potassium sulphate (sop) in Denmark?
+
The average potassium sulphate SOP) import price stood at $293 per ton in 2021, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the potassium sulphate (sop) market 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.


Product coverage:
• FCL 4017 -
Country coverage:
• Denmark

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

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

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

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

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

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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