Carbonates; Potassium Carbonate Price in Germany - 2023

Contents:

  1. Carbonates; Potassium Carbonate Price in Germany (FOB) - 2023
  2. Carbonates; Potassium Carbonate Price in Germany (CIF) - 2023
  3. Carbonates; Potassium Carbonate Exports in Germany
  4. Carbonates; Potassium Carbonate Imports in Germany

Carbonates; Potassium Carbonate Price in Germany (FOB) - 2023

The average carbonates; potassium carbonate export price stood at $1,730 per ton in June 2023, waning by -5.8% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 20% month-to-month. The export price peaked at $2,332 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Czech Republic ($3,206 per ton), while the average price for exports to the Netherlands ($1,040 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Germany (CIF) - 2023

The average carbonates; potassium carbonate import price stood at $1,673 per ton in June 2023, which is down by -26.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 16% m-o-m. As a result, import price reached the peak level of $2,272 per ton, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,374 per ton), while the price for the Netherlands ($1,044 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Exports in Germany

In 2022, after three years of growth, there was significant decline in shipments abroad of carbonates; potassium carbonates, when their volume decreased by -18.9% to 33K tons. Overall, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 41K tons, and then shrank dramatically in the following year.

In value terms, carbonates; potassium carbonate exports surged to $59M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Potassium Carbonate in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.52.03.46.321.6%
United Kingdom2.22.02.25.334.1%
Denmark0.80.70.54.071.0%
Switzerland2.01.92.64.026.0%
Israel2.12.32.63.922.9%
Italy1.42.22.63.434.4%
Netherlands3.93.62.93.2-6.4%
Turkey2.02.92.73.115.7%
Czech Republic1.91.62.32.611.0%
Mexico0.51.31.42.673.2%
India0.31.44.02.5102.7%
Spain1.11.71.92.226.0%
Egypt0.40.70.50.826.0%
Others14.215.615.815.12.1%
Total36.339.945.358.917.5%

Top Export Markets for Carbonates; Potassium Carbonate from Germany in 2022:

  1. Netherlands (3.8K tons)
  2. France (3.7K tons)
  3. Israel (2.5K tons)
  4. Turkey (2.1K tons)
  5. Spain (2.1K tons)
  6. United Kingdom (2.0K tons)
  7. Denmark (1.9K tons)
  8. Switzerland (1.7K tons)
  9. Italy (1.3K tons)
  10. India (1.3K tons)
  11. Mexico (1.2K tons)
  12. Czech Republic (1.1K tons)
  13. Egypt (1.1K tons)

Carbonates; Potassium Carbonate Imports in Germany

In 2022, approx. 18K tons of carbonates; potassium carbonates were imported into Germany; with an increase of 25% compared with 2021 figures. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate imports soared to $22M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Potassium Carbonate in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.22.12.65.938.9%
Italy2.01.62.23.924.9%
Belgium0.60.61.73.580.0%
South Korea3.33.32.22.7-6.5%
Poland0.71.92.32.552.9%
China0.40.41.21.451.8%
Czech RepublicN/AN/A0.40.8100.0%
Netherlands0.40.30.50.614.5%
Russia1.30.7N/A0.1-57.5%
Others0.61.60.80.5-5.9%
Total11.512.613.921.924.0%

Top Suppliers of Carbonates; Potassium Carbonate to Germany in 2022:

  1. France (7.2K tons)
  2. Italy (3.3K tons)
  3. Belgium (2.0K tons)
  4. Poland (1.8K tons)
  5. South Korea (1.7K tons)
  6. China (0.8K tons)
  7. Czech Republic (0.5K tons)
  8. Netherlands (0.3K tons)
  9. Russia (0.1K tons)

Source: IndexBox Market Intelligence Platform

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