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

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

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Ecuador: Potassium Sulphate (Sop) Market 2023

Potassium Sulphate (Sop) Market Size in Ecuador

After three years of growth, the Ecuadorian potassium sulphate (SOP) market decreased by -31.5% to $X in 2021. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Potassium Sulphate (Sop) Exports

Exports from Ecuador

In 2021, shipments abroad of potassium sulphate (SOP) increased by 90% to X tons, rising for the seventh year in a row after two years of decline. In general, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, potassium sulphate (SOP) exports reached $X in 2021. Overall, exports, however, continue to indicate a abrupt slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X tons) was the main destination for potassium sulphate (SOP) exports from Ecuador, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Peru stood at +9.9%.

In value terms, Peru ($X) also remains the key foreign market for potassium sulphate (SOP) exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Peru stood at -6.2%.

Export Prices by Country

In 2021, the average potassium sulphate (SOP) export price amounted to $X per ton, with a decrease of -42.6% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 69%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to -14.6% per year.

Potassium Sulphate (Sop) Imports

Imports into Ecuador

In 2021, supplies from abroad of potassium sulphate (SOP) decreased by -39.3% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2020 when imports increased by 143%. As a result, imports attained the peak of X tons, and then declined markedly in the following year.

In value terms, potassium sulphate (SOP) imports dropped notably to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 154%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2021, Chile (X tons) constituted the largest potassium sulphate (SOP) supplier to Ecuador, with a 61% share of total imports. Moreover, potassium sulphate (SOP) imports from Chile exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Chile totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+65.3% per year) and Germany (+4.9% per year).

In value terms, Chile ($X) constituted the largest supplier of potassium sulphate (SOP) to Ecuador, comprising 44% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Germany, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Chile was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+63.4% per year) and Germany (+7.2% per year).

Import Prices by Country

The average potassium sulphate (SOP) import price stood at $X per ton in 2021, jumping by 15% against the previous year. Over the period under review, the import price, however, saw a mild setback. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Sweden ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 constituted the country with the largest volume of potassium sulphate SOP) consumption, comprising approx. 27% of total volume. Moreover, potassium sulphate SOP) consumption in Germany exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by Belgium, with an 8.6% share.
What are the largest producers of potassium sulphate (sop) in the world?
+
Germany remains the largest potassium sulphate SOP) producing country worldwide, accounting for 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 Ecuador?
+
In value terms, Chile constituted the largest supplier of potassium sulphate SOP) to Ecuador, comprising 44% of total imports. The second position in the ranking was held by China, with a 17% share of total imports. It was followed by Germany, with a 16% share.
What are the leading importers of potassium sulphate (sop) from Ecuador?
+
In value terms, Peru remains the key foreign market for potassium sulphate SOP) exports from Ecuador.
What is the average export price for potassium sulphate (sop) in Ecuador?
+
In 2021, the average potassium sulphate SOP) export price amounted to $532 per ton, waning by -42.6% against the previous year.
What is the average import price for potassium sulphate (sop) in Ecuador?
+
In 2021, the average potassium sulphate SOP) import price amounted to $561 per ton, with an increase of 15% against the previous year.

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

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