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Store → Chemicals → Potassium Chloride (MOP)
Report Singapore - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Singapore - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Potassium Chloride (Mop) Market 2023

Potassium Chloride (Mop) Market Size in Singapore

In 2021, the Singaporean potassium chloride (MOP) market was finally on the rise to reach $X for the first time since 2014, thus ending a six-year declining trend. Overall, consumption faced a abrupt downturn. Potassium chloride (MOP) consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Potassium Chloride (Mop) Production in Singapore

In value terms, potassium chloride (MOP) production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by 420%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Potassium Chloride (Mop) Exports

Exports from Singapore

After two years of decline, overseas shipments of potassium chloride (MOP) increased by 99% to X tons in 2021. In general, exports, however, showed a slight contraction. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, potassium chloride (MOP) exports soared to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Australia (X tons) was the main destination for potassium chloride (MOP) exports from Singapore, with a 87% share of total exports. Moreover, potassium chloride (MOP) exports to Australia exceeded the volume sent to the second major destination, New Zealand (X tons), more than tenfold. The third position in this ranking was held by Malaysia (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to Australia amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+11.7% per year) and Malaysia (+2.1% per year).

In value terms, Australia ($X) emerged as the key foreign market for potassium chloride (MOP) exports from Singapore, comprising 86% of total exports. The second position in the ranking was held by Malaysia ($X), with a 4.3% share of total exports. It was followed by New Zealand, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-5.7% per year) and New Zealand (+0.1% per year).

Export Prices by Country

In 2021, the average potassium chloride (MOP) export price amounted to $X per ton, growing by 10% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.

Potassium Chloride (Mop) Imports

Imports into Singapore

In 2021, approx. X tons of potassium chloride (MOP) were imported into Singapore; reducing by -59.8% compared with 2020 figures. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 105% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, potassium chloride (MOP) imports fell slightly to $X in 2021. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 67%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Israel (X tons) and Germany (X tons) were the main suppliers of potassium chloride (MOP) imports to Singapore, with a combined 89% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +60.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest potassium chloride (MOP) suppliers to Singapore were the Czech Republic ($X), Germany ($X) and Israel ($X), together accounting for 87% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +65.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potassium chloride (MOP) import price stood at $X per ton in 2021, rising by 144% against the previous year. Overall, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence 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 chloride (mop) in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Brazil and the United States, with a combined 54% share of global consumption. Germany, Indonesia, India, Belarus, Malaysia, South Korea and Russia lagged somewhat behind, together comprising a further 24%.
What are the largest producers of potassium chloride (mop) in the world?
+
The countries with the highest volumes of production in 2021 were Canada, Russia and Belarus, together comprising 65% of global production. These countries were followed by China, Israel, Germany and Jordan, which together accounted for a further 28%.
What are the leading suppliers of potassium chloride (mop) to Singapore?
+
In value terms, the largest potassium chloride MOP) suppliers to Singapore were the Czech Republic, Germany and Israel, with a combined 87% share of total imports.
What are the leading importers of potassium chloride (mop) from Singapore?
+
In value terms, Australia emerged as the key foreign market for potassium chloride MOP) exports from Singapore, comprising 86% of total exports. The second position in the ranking was taken by Malaysia, with a 4.3% share of total exports. It was followed by New Zealand, with a 4.3% share.
What is the average export price for potassium chloride (mop) in Singapore?
+
In 2021, the average potassium chloride MOP) export price amounted to $353 per ton, growing by 10% against the previous year.
What is the average import price for potassium chloride (mop) in Singapore?
+
In 2021, the average potassium chloride MOP) import price amounted to $1,450 per ton, jumping by 144% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market in Singapore. 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 4016 -
Country coverage:
• Singapore

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

2.1
KEY FINDINGS
2.2
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

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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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