Scandinavia - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingScandinavia: Potassium Sulphate (Sop) Market 2024
Potassium Sulphate (Sop) Market Size in Scandinavia
In 2023, the Scandinavia potassium sulphate (SOP) market decreased by X% to $X for the first time since 2018, thus ending a four-year rising trend. Over the period under review, consumption, however, saw a buoyant expansion. The level of consumption peaked at $X in 2022, and then contracted in the following year.
Potassium Sulphate (Sop) Production in Scandinavia
In value terms, potassium sulphate (SOP) production fell to $X in 2023 estimated in export price. Overall, production, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2022, and then dropped in the following year.
Potassium Sulphate (Sop) Exports
Exports in Scandinavia
In 2023, shipments abroad of potassium sulphate (SOP) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, potassium sulphate (SOP) exports dropped rapidly to $X in 2023. Overall, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.
Exports by Country
The shipments of the one major exporters of potassium sulphate (SOP), namely Sweden, represented more than two-thirds of total export.
Sweden was also the fastest-growing in terms of the potassium sulphate (SOP) exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, Sweden ($X) also remains the largest potassium sulphate (SOP) supplier in Scandinavia.
From 2012 to 2023, the average annual rate of growth in terms of value in Sweden totaled X%.
Export Prices by Country
The export price in Scandinavia stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2022 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2023, the rate of growth in terms of prices for Sweden amounted to X% per year.
Potassium Sulphate (Sop) Imports
Imports in Scandinavia
Potassium sulphate (SOP) imports shrank to X tons in 2023, dropping by X% compared with 2022. Overall, imports, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2023, the growth of imports failed to regain momentum.
In value terms, potassium sulphate (SOP) imports declined remarkably to $X in 2023. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.
Imports by Country
Norway prevails in imports structure, reaching X tons, which was near X% of total imports in 2023. Sweden (X tons) followed a long way behind the leaders.
Norway was also the fastest-growing in terms of the potassium sulphate (SOP) imports, with a CAGR of X% from 2012 to 2023. At the same time, Sweden (X%) displayed positive paces of growth. From 2012 to 2023, the share of Norway increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Norway ($X) constitutes the largest market for imported potassium sulphate (SOP) in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.
In Norway, potassium sulphate (SOP) imports contracted by an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
The import price in Scandinavia stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the potassium sulphate (sop) market in Scandinavia. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Scandinavia, split by region and country
- Trade (exports and imports) in Scandinavia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Finland
- Norway
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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