Southern Asia: Potassium Hydroxide Market 2024

Potassium Hydroxide Market Size in Southern Asia

The South Asian potassium hydroxide market rose to $X in 2022, with an increase of X% against the previous year. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Potassium Hydroxide Production in Southern Asia

In value terms, potassium hydroxide production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Potassium Hydroxide Exports

Exports in Southern Asia

In 2022, overseas shipments of potassium hydroxide (caustic potash) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, potassium hydroxide exports soared to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) represented the key exporter of potassium hydroxide (caustic potash) in Southern Asia, committing X% of total export.

India was also the fastest-growing in terms of the potassium hydroxide (caustic potash) exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest potassium hydroxide supplier in Southern Asia.

In India, potassium hydroxide exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a noticeable shrinkage. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Potassium Hydroxide Imports

Imports in Southern Asia

In 2022, potassium hydroxide imports in Southern Asia skyrocketed to X tons, jumping by X% against the year before. Over the period under review, imports enjoyed a mild expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, potassium hydroxide imports soared to $X in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India represented the main importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Pakistan (X tons), achieving an X% share of total imports. The following importers - Sri Lanka (X tons) and Bangladesh (X tons) - each recorded a X% share of total imports.

India experienced a relatively flat trend pattern with regard to volume of imports of potassium hydroxide (caustic potash). At the same time, Pakistan (X%), Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Pakistan (X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported potassium hydroxide (caustic potash) in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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