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Saudi Arabia - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Saudi Arabia: Potassic Fertilizer Market Overview 2021

Potassic Fertilizer Market Size in Saudi Arabia

The Saudi potassic fertilizer market contracted slightly to $X in 2020, remaining stable against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2009 to 2020, the growth of the market remained at a lower figure.

Potassic Fertilizer Production in Saudi Arabia

In value terms, potassic fertilizer production fell modestly to $X in 2020 estimated in export prices. Over the period under review, production recorded a slight slump. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2009 to 2020, production growth remained at a somewhat lower figure.

Potassic Fertilizer Exports

Exports from Saudi Arabia

In 2020, exports of potassic fertilizers (mineral and chemical) from Saudi Arabia skyrocketed to X tonnes, increasing by X% compared with the year before. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, potassic fertilizer exports soared to $X in 2020. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

South Africa (X tonnes) was the main destination for potassic fertilizer exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, potassic fertilizer exports to South Africa exceeded the volume sent to the second major destination, Sudan (X tonnes), more than tenfold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to South Africa totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+X% per year) and Spain (+X% per year).

In value terms, South Africa ($X) emerged as the key foreign market for potassic fertilizer exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

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

Export Prices by Country

The average potassic fertilizer export price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Uganda ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uganda, while the prices for the other major destinations experienced a decline.

Potassic Fertilizer Imports

Imports into Saudi Arabia

After two years of growth, purchases abroad of potassic fertilizers (mineral and chemical) decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes, and then shrank slightly in the following year.

In value terms, potassic fertilizer imports shrank to $X in 2020. In general, imports, however, saw a perceptible decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Jordan (X tonnes) constituted the largest supplier of potassic fertilizer to Saudi Arabia, accounting for a X% share of total imports. Moreover, potassic fertilizer imports from Jordan exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), fourfold. The third position in this ranking was occupied by Taiwan (Chinese) (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Jordan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, Jordan ($X) constituted the largest supplier of potassic fertilizer to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Jordan totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (-X% per year).

Import Prices by Country

In 2020, the average potassic fertilizer import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per tonne), while the price for Latvia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

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 Saudi Arabia. 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:
• Saudi Arabia

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