Sri Lanka - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 14, 2024

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

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Potassium Chloride (MOP) Price in Sri Lanka - 2021

Contents:

  1. Potassium Chloride (MOP) Price in Sri Lanka (CIF) - 2022
  2. Potassium Chloride (MOP) Price in Sri Lanka (FOB) - 2022
  3. Potassium Chloride (MOP) Imports in Sri Lanka
  4. Potassium Chloride (MOP) Exports in Sri Lanka

Potassium Chloride (MOP) Price in Sri Lanka (CIF) - 2022

The average potassium chloride (MOP) import price stood at $1,141 per ton in 2022, growing by 204% against the previous year. Overall, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +1.0% per year.

Potassium Chloride (MOP) Price in Sri Lanka (FOB) - 2022

The average potassium chloride (MOP) export price stood at $7,425 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 60% against the previous year. The export price peaked at $7,425 per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +30.4% per year.

Potassium Chloride (MOP) Imports in Sri Lanka

In 2022, the amount of potassium chloride (MOP) imported into Sri Lanka shrank notably to 42K tons, dropping by -36.1% against the previous year. Overall, imports faced a precipitous slump. The smallest decline of -8.6% was in 2020.

In value terms, potassium chloride (MOP) imports skyrocketed to $48M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Potassium Chloride (MOP) in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A47.90%
Russia6.85.13.3N/A-30.3%
Germany1.50.70.5N/A-42.3%
Lithuania5.99.55.5N/A-3.4%
Belarus6.87.19.6N/A18.8%
Israel7.14.43.2N/A-32.9%
Ukraine1.61.40.7N/A-33.9%
Others3.12.82.00.1-68.2%
Total32.831.124.748.013.5%

Top Suppliers of Potassium Chloride (MOP) to Sri Lanka in 2022:

  1. Canada (41.9K tons)
  2. Germany (0.1K tons)

Potassium Chloride (MOP) Exports in Sri Lanka

Potassium chloride (MOP) exports from Sri Lanka fell dramatically to 775 kg in 2022, with a decrease of -50% against the year before. Overall, exports recorded a precipitous descent.

In value terms, potassium chloride (MOP) exports fell markedly to $5.8K in 2022. Over the period under review, exports recorded a sharp decline.

Export of Potassium Chloride (MOP) in Sri Lanka (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Maldives11.55.7-50.4%
OthersN/AN/A0%
Total11.55.8-49.6%

Top Export Markets for Potassium Chloride (MOP) from Sri Lanka in 2022:

  1. Maldives (773.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potassium chloride (mop) market in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Potassium Chloride (MOP) - Sri Lanka