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

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

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Luxembourg: Potassium Sulphate (Sop) Market 2023

Potassium Sulphate (Sop) Market Size in Luxembourg

For the fourth year in a row, the Luxembourg potassium sulphate (SOP) market recorded growth in sales value, which increased by 117% to $X in 2021. In general, consumption continues to indicate a significant expansion. Potassium sulphate (SOP) consumption peaked in 2021 and is expected to retain growth in years to come.

Potassium Sulphate (Sop) Exports

Exports from Luxembourg

In 2021, the amount of potassium sulphate (SOP) exported from Luxembourg skyrocketed to X tons, surging by 72% compared with 2020. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,240% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, potassium sulphate (SOP) exports soared to $X in 2021. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,285%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for potassium sulphate (SOP) exports from Luxembourg, accounting for a 92% share of total exports. Moreover, potassium sulphate (SOP) exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +65.4%.

In value terms, Germany ($X) remains the key foreign market for potassium sulphate (SOP) exports from Luxembourg, comprising 92% of total exports. The second position in the ranking was taken by Belgium ($X), with a 7.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +64.2%.

Export Prices by Country

The average potassium sulphate (SOP) export price stood at $X per ton in 2021, increasing by 9.9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.7%), while the prices for the other major destinations experienced a decline.

Potassium Sulphate (Sop) Imports

Imports into Luxembourg

For the fourth year in a row, Luxembourg recorded growth in supplies from abroad of potassium sulphate (SOP), which increased by 104% to X tons in 2021. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 362% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, potassium sulphate (SOP) imports soared to $X in 2021. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 376%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X tons) and Germany (X tons) were the main suppliers of potassium sulphate (SOP) imports to Luxembourg.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +60.3%).

In value terms, the largest potassium sulphate (SOP) suppliers to Luxembourg were the Netherlands ($X) and Germany ($X).

The Netherlands, with a CAGR of +57.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2021, the average potassium sulphate (SOP) import price amounted to $X per ton, surging by 5.8% against the previous year. In general, the import price, however, showed a slight setback. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.8%), while the prices for the other major suppliers experienced a decline.

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?
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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 held by Belgium, with an 8.6% share.
What are the largest producers of potassium sulphate (sop) in the world?
+
The country with the largest volume of potassium sulphate SOP) production was Germany, 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. China ranked third in terms of total production with an 11% share.
What are the leading suppliers of potassium sulphate (sop) to Luxembourg?
+
In value terms, the Netherlands and Germany appeared to be the largest potassium sulphate SOP) suppliers to Luxembourg.
What are the leading importers of potassium sulphate (sop) from Luxembourg?
+
In value terms, Germany remains the key foreign market for potassium sulphate SOP) exports from Luxembourg, comprising 92% of total exports. The second position in the ranking was taken by Belgium, with a 7.5% share of total exports.
What is the average export price for potassium sulphate (sop) in Luxembourg?
+
The average potassium sulphate SOP) export price stood at $337 per ton in 2021, with an increase of 9.9% against the previous year.
What is the average import price for potassium sulphate (sop) in Luxembourg?
+
In 2021, the average potassium sulphate SOP) import price amounted to $325 per ton, with an increase of 5.8% against the previous year.

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

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