Global Potassium Chloride (Mop) Market 2022

Potassium Chloride (Mop) Market Size

After three years of growth, the global potassium chloride (mop) market decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Global consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Potassium Chloride (Mop) Production

In value terms, potassium chloride (mop) production reduced rapidly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, global production reached the maximum level at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of potassium chloride (mop) production in 2020 were Canada (X tonnes), Russia (X tonnes) and Belarus (X tonnes), with a combined X% share of global production. These countries were followed by China, Israel and Jordan, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of potassium chloride (mop) production, amongst the leading producing countries, was attained by China, while potassium chloride (mop) production for the other global leaders experienced more modest paces of growth.

Potassium Chloride (Mop) Exports

Exports

Global potassium chloride (mop) exports amounted to X tonnes in 2020, surging by X% against the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Global exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, potassium chloride (mop) exports fell remarkably to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2009 to 2020, the growth of global exports remained at a lower figure.

Exports by Country

Canada was the main exporter of potassium chloride (mop) in the world, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2020. Russia (X tonnes) ranks second in terms of the total exports with a X% share, followed by Belarus (X%) and Israel (X%). The following exporters - Jordan (X tonnes) and the UK (X tonnes) - together made up X% of total exports.

Canada experienced a relatively flat trend pattern with regard to volume of exports of potassium chloride (mop). At the same time, Jordan (+X%), the UK (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Russia and Israel experienced a relatively flat trend pattern. Jordan (+X p.p.), Belarus (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest potassium chloride (mop) supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Canada stood at +X%. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Russia (-X% per year).

Export Prices by Country

The average potassium chloride (mop) export price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Global export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.

Potassium Chloride (Mop) Imports

Imports

In 2020, the amount of potassium chloride (mop) imported worldwide expanded sharply to X tonnes, growing by X% compared with 2019 figures. Overall, total imports indicated slight growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Global imports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, potassium chloride (mop) imports totaled $X in 2020. Over the period under review, total imports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Global imports peaked at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes), Brazil (X tonnes) and China (X tonnes) was the largest importer of potassium chloride (mop) in the world, achieving X% of total import. It was distantly followed by India (X tonnes) and Indonesia (X tonnes), together mixing up a X% share of total imports. The following importers - Malaysia (X tonnes), Belgium (X tonnes), Vietnam (X tonnes) and Poland (X tonnes) - each resulted at an X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Indonesia, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of global imports. These countries were followed by India, Indonesia, Malaysia, Belgium, Vietnam and Poland, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average potassium chloride (mop) import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($X per tonne) and Belgium ($X per tonne), while the U.S. ($X per tonne) and Brazil ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform