Report Update Apr 1, 2024

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

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Kazakhstan: Potassium Sulphate (Sop) Market 2024

Potassium Sulphate (Sop) Market Size in Kazakhstan

The Kazakh potassium sulphate (SOP) market shrank significantly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed significant growth. Potassium sulphate (SOP) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Potassium Sulphate (Sop) Production in Kazakhstan

In value terms, potassium sulphate (SOP) production dropped notably to $X in 2022 estimated in export price. In general, production showed a perceptible decrease. The growth pace was the most rapid in 2014 when the production volume increased by X%. Potassium sulphate (SOP) production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Potassium Sulphate (Sop) Exports

Exports from Kazakhstan

Potassium sulphate (SOP) exports from Kazakhstan skyrocketed to X tons in 2022, picking up by X% on the previous year's figure. In general, exports showed notable growth. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, potassium sulphate (SOP) exports soared to $X in 2022. Over the period under review, exports saw a modest increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X tons) was the main destination for potassium sulphate (SOP) exports from Kazakhstan, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan amounted to X%.

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

From 2012 to 2022, the average annual growth rate of value to Uzbekistan stood at X%.

Export Prices by Country

In 2022, the average potassium sulphate (SOP) export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, showed a mild slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to X% per year.

Potassium Sulphate (Sop) Imports

Imports into Kazakhstan

In 2022, after three years of growth, there was significant decline in supplies from abroad of potassium sulphate (SOP), when their volume decreased by X% to X tons. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, potassium sulphate (SOP) imports reduced rapidly to $X in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of potassium sulphate (SOP) to Kazakhstan, accounting for a X% share of total imports. Moreover, potassium sulphate (SOP) imports from Russia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. The third position in this ranking was held by Kyrgyzstan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Kyrgyzstan (X% per year).

In value terms, Russia ($X) constituted the largest supplier of potassium sulphate (SOP) to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the average potassium sulphate (SOP) import price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium sulphate (sop) in the world?

The countries with the highest volumes of consumption in 2022 were Finland, Chile and the United States, with a combined 41% share of global consumption.

What are the largest producers of potassium sulphate (sop) in the world?

The countries with the highest volumes of production in 2022 were Finland, Chile and the United States, with a combined 58% share of global production.

What are the leading suppliers of potassium sulphate (sop) to Kazakhstan?

In value terms, Russia constituted the largest supplier of potassium sulphate SOP) to Kazakhstan, comprising 54% of total imports. The second position in the ranking was held by Belgium, with a 23% share of total imports. It was followed by Kyrgyzstan, with a 19% share.

What are the leading importers of potassium sulphate (sop) from Kazakhstan?

In value terms, Uzbekistan remains the key foreign market for potassium sulphate SOP) exports from Kazakhstan.

What is the average export price for potassium sulphate (sop) in Kazakhstan?

The average potassium sulphate SOP) export price stood at $1,450 per ton in 2022, rising by 48% against the previous year.

What is the average import price for potassium sulphate (sop) in Kazakhstan?

In 2022, the average potassium sulphate SOP) import price amounted to $770 per ton, rising by 31% against the previous year.

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

Country coverage:

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023