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India - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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India: Potassic Fertilizer Market Overview 2021

Potassic Fertilizer Market Size in India

In 2020, the Indian potassic fertilizer market increased by X% to $X, rising for the fourth year in a row after two years of decline. Overall, the total consumption indicated temperate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2010; however, from 2011 to 2020, consumption failed to regain the momentum.

Potassic Fertilizer Production in India

In value terms, potassic fertilizer production expanded sharply to $X in 2020 estimated in export prices. Over the period under review, production, however, posted prominent growth. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the near future.

Potassic Fertilizer Exports

Exports from India

In 2020, approx. X tonnes of potassic fertilizers (mineral and chemical) were exported from India; rising by X% on the year before. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to continue growth in the near future.

In value terms, potassic fertilizer exports reduced slightly to $X in 2020. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Nepal (X tonnes) was the main destination for potassic fertilizer exports from India, with a X% share of total exports. Moreover, potassic fertilizer exports to Nepal exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold. The third position in this ranking was occupied by Croatia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Nepal amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Croatia (X% per year).

In value terms, Nepal ($X) emerged as the key foreign market for potassic fertilizer exports from India, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Nepal totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Croatia (X% per year).

Export Prices by Country

In 2020, the average potassic fertilizer export price amounted to $X per tonne, falling by -X% against the previous year. In general, export price indicated mild growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, potassic fertilizer export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were Morocco ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to Nepal ($X per tonne) and the United Arab Emirates ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Potassic Fertilizer Imports

Imports into India

Potassic fertilizer imports into India skyrocketed to X tonnes in 2020, growing by X% against the year before. Over the period under review, total imports indicated a tangible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in the immediate term.

In value terms, potassic fertilizer imports expanded to $X in 2020. In general, total imports indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest supplier of potassic fertilizer to India, with a X% share of total imports. Moreover, potassic fertilizer imports from Canada exceeded the figures recorded by the second-largest supplier, Belarus (X tonnes), twofold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Russia (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of potassic fertilizer to India, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and Russia (+X% per year).

Import Prices by Country

The average potassic fertilizer import price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2010 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Germany ($X per tonne) and Belarus ($X per tonne), while the price for Lithuania ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassic fertilizers (mineral and chemical) in the world?
+
The countries with the highest volumes of potassic fertilizer consumption in 2020 were China (17M tonnes), the U.S. (8.4M tonnes) and Belarus (7.6M tonnes), with a combined 30% share of global consumption.
What are the largest producers of potassic fertilizers (mineral and chemical) in the world?
+
The countries with the highest volumes of potassic fertilizer production in 2020 were Canada (22M tonnes), Belarus (11M tonnes) and Russia (8.7M tonnes), with a combined 39% share of global production. These countries were followed by China, Germany, Israel, Pakistan, Japan, Mexico, Jordan and Nigeria, which together accounted for a further 26%.
What are the leading suppliers of potassic fertilizers (mineral and chemical) to India?
+
In value terms, Canada ($426M) constituted the largest supplier of potassic fertilizer to India, comprising 32% of total imports. The second position in the ranking was occupied by Belarus ($200M), with a 15% share of total imports. It was followed by Russia, with a 15% share.
What are the leading importers of potassic fertilizers (mineral and chemical) from India?
+
In value terms, Nepal ($6.5M) emerged as the key foreign market for potassic fertilizer exports from India, comprising 47% of total exports. The second position in the ranking was occupied by the Netherlands ($3.1M), with a 22% share of total exports. It was followed by Croatia, with a 8.8% share.
What is the average export price for potassic fertilizers (mineral and chemical) in India?
+
In 2020, the average potassic fertilizer export price amounted to $360 per tonne, falling by -21.6% against the previous year.
What is the average import price for potassic fertilizers (mineral and chemical) in India?
+
In 2020, the average potassic fertilizer import price amounted to $251 per tonne, falling by -14.4% against the previous year.

Product coverage:
• Prodcom 20155100 - Potassium chloride (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
• Prodcom 20155200 - Potassium sulphate (excluding in tablets or similar forms or in packages of a weight of . .10 kg)
• Prodcom 20155900 - Mineral or chemical fertilisers, potassic, n.e.c.

This report provides an in-depth analysis of the potassic fertilizer market in India. 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 2025.


Country coverage:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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