Australia - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassium Chloride (MOP) Price in Australia - 2023
Contents:
- Potassium Chloride (MOP) Price in Australia (CIF) - 2023
- Potassium Chloride (MOP) Price in Australia (FOB) - 2022
- Potassium Chloride (MOP) Imports in Australia
- Potassium Chloride (MOP) Exports in Australia
Potassium Chloride (MOP) Price in Australia (CIF) - 2023
The average potassium chloride (MOP) import price stood at $403 per ton in September 2023, with a decrease of -8.7% against the previous month. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in December 2022 when the average import price increased by 8.1% m-o-m. Over the period under review, average import prices reached the peak figure at $1,207 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Israel ($751 per ton), while the price for Canada ($390 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Israel (-2.3%), while the prices for the other major suppliers experienced a decline.
Potassium Chloride (MOP) Price in Australia (FOB) - 2022
In 2022, the average potassium chloride (MOP) export price amounted to $1,706 per ton, rising by 588% against the previous year. In general, the export price, however, saw a pronounced curtailment. Over the period under review, the average export prices reached the peak figure at $2,594 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($2,160 per ton), while the average price for exports to New Zealand amounted to $1,659 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+17.0%).
Potassium Chloride (MOP) Imports in Australia
In 2022, potassium chloride (mop) imports into Australia stood at 577K tons, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, potassium chloride (MOP) imports rose markedly to $242M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Potassium Chloride (MOP) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 59.3 | 103 | 121 | 113 | 24.0% |
| Jordan | 0.2 | 4.5 | 19.9 | 42.9 | 498.6% |
| United States | 55.0 | 0.8 | 27.1 | 33.4 | -15.3% |
| Belarus | 20.9 | 14.5 | 6.8 | 19.6 | -2.1% |
| Germany | 13.2 | 10.4 | 11.3 | 18.2 | 11.3% |
| Israel | 5.1 | 5.0 | 5.6 | 12.6 | 35.2% |
| Lithuania | 1.7 | 1.6 | 23.5 | N/A | 271.8% |
| Others | 1.4 | 0.9 | 0.9 | 2.6 | 22.9% |
| Total | 157 | 140 | 216 | 242 | 15.5% |
Top Suppliers of Potassium Chloride (MOP) to Australia in 2022:
- Canada (306.5K tons)
- Jordan (92.5K tons)
- Belarus (57.2K tons)
- Germany (52.9K tons)
- United States (48.8K tons)
- Israel (15.7K tons)
Potassium Chloride (MOP) Exports in Australia
Potassium chloride (MOP) exports from Australia plummeted to 183 tons in 2022, waning by -43.4% on the previous year. Over the period under review, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 43%.
In value terms, potassium chloride (MOP) exports soared to $311K in 2022. In general, exports, however, showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Potassium Chloride (MOP) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 49.9 | 5.5 | 17.0 | 293 | 80.4% |
| Papua New Guinea | N/A | 0.2 | 6.6 | 10.5 | 624.6% |
| Timor-Leste | N/A | N/A | 52.6 | N/A | 0% |
| Mongolia | N/A | 6.7 | N/A | N/A | 0% |
| Qatar | N/A | 77.3 | N/A | N/A | 0% |
| Others | 197 | 9.9 | 3.9 | 8.0 | -65.6% |
| Total | 247 | 99.6 | 80.0 | 311 | 8.0% |
Top Export Markets for Potassium Chloride (MOP) from Australia in 2022:
- New Zealand (176.5 tons)
- Papua New Guinea (4.9 tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in Australia. 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 - Potassium chloride (muriate of potash) (MOP)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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