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Report World - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Global Sodium Nitrate Market 2024

Sodium Nitrate Market Size

In 2022, the global sodium nitrate market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sodium Nitrate Production

In value terms, sodium nitrate production fell modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Global production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Sodium Nitrate Exports

Exports

In 2022, global sodium nitrate exports surged to X tons, growing by X% on the previous year. In general, total exports indicated a slight expansion from 2012 to 2022: its volume 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. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sodium nitrate exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a mild expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Chile represented the main exporter of sodium nitrate in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2022. The Netherlands (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and China (X%). The United States (X tons) and Denmark (X tons) held a relatively small share of total exports.

Exports from Chile decreased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), the Netherlands (X%) and the United States (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, China (X%) and Denmark (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Russia and the United States increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest sodium nitrate supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Russia ($X), with a X% share of global exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Chile stood at X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and the United States (X% per year).

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Denmark ($X per ton) was amongst the lowest.

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

Sodium Nitrate Imports

Imports

In 2022, the amount of sodium nitrate imported worldwide skyrocketed to X tons, increasing by X% compared with the year before. In general, imports continue to indicate a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sodium nitrate imports surged to $X in 2022. Over the period under review, imports continue to indicate a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by the United States (X tons), the Netherlands (X tons), Spain (X tons) and Mongolia (X tons) represented the largest importers of sodium nitrate, together generating X% of total imports. Japan (X tons), Brazil (X tons), Peru (X tons), Vietnam (X tons), Ecuador (X tons), Canada (X tons) and Pakistan (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the sodium nitrate imports, with a CAGR of X% from 2012 to 2022. At the same time, Mongolia (X%), Ecuador (X%), the Netherlands (X%), Pakistan (X%), Canada (X%), Vietnam (X%), Peru (X%), Japan (X%) and Brazil (X%) displayed positive paces of growth. By contrast, Spain (X%) and the United States (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), the Netherlands (X p.p.), Mongolia (X p.p.), Vietnam (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the global imports, while Spain and the United States saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), the United States ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of global imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average sodium nitrate import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2022 were the United Arab Emirates, Chile and Denmark, with a combined 33% share of global consumption.
Chile constituted the country with the largest volume of sodium nitrate production, comprising approx. 48% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, Russia, fivefold. China ranked third in terms of total production with an 8.5% share.
In value terms, Chile remains the largest sodium nitrate supplier worldwide, comprising 49% of global exports. The second position in the ranking was held by Russia, with a 19% share of global exports. It was followed by the United States, with a 7.8% share.
In value terms, the United Arab Emirates, the United States and Mongolia were the countries with the highest levels of imports in 2022, together accounting for 48% of global imports.
The average sodium nitrate export price stood at $642 per ton in 2022, picking up by 26% against the previous year.
The average sodium nitrate import price stood at $737 per ton in 2022, growing by 20% against the previous year.

This report provides an in-depth analysis of the global sodium nitrate market. 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 4005 - Sodium nitrate

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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