Carbonates; Potassium Carbonate Price in Iran - 2021

Contents:

  1. Carbonates; Potassium Carbonate Price in Iran (CIF) - 2022
  2. Carbonates; Potassium Carbonate Price in Iran (FOB) - 2022
  3. Carbonates; Potassium Carbonate Imports in Iran
  4. Carbonates; Potassium Carbonate Exports in Iran

Carbonates; Potassium Carbonate Price in Iran (CIF) - 2022

In 2022, the average carbonates; potassium carbonate import price amounted to $1,171 per ton, shrinking by -17.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. As a result, import price reached the peak level of $1,421 per ton, and then declined notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,522 per ton), while the price for China ($626 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Price in Iran (FOB) - 2022

The average carbonates; potassium carbonate export price stood at $294 per ton in 2021, reducing by -48.2% against the previous year. Over the period under review, the export price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2013 an increase of 30%. As a result, the export price attained the peak level of $4,248 per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -24.8% per year.

Carbonates; Potassium Carbonate Imports in Iran

In 2022, the amount of carbonates; potassium carbonates imported into Iran dropped to 3.7K tons, with a decrease of -14.9% on the previous year's figure. Overall, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3%. As a result, imports reached the peak of 4.4K tons, and then declined in the following year.

In value terms, carbonates; potassium carbonate imports declined markedly to $4.4M in 2022. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of $6.2M, and then reduced dramatically in the following year.

Import of Carbonates; Potassium Carbonate in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,1171,179775826-9.6%
China15124992044243.0%
Germany3196054273513.2%
South Korea645357228330-20.0%
IndiaN/AN/AN/A3170%
Turkey12.126.7118290188.3%
Taiwan (Chinese)416253356252-15.4%
France45.584.320696.928.7%
United Arab Emirates52713120674.2-48.0%
Spain11612011757.4-20.9%
Thailand70.959.199.140.2-17.2%
Azerbaijan94.7177N/AN/A86.9%
Others1,7621,7812,7751,288-9.9%
Total5,2755,0216,2274,365-6.1%

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

  1. Italy (907.7 tons)
  2. China (706.7 tons)
  3. Germany (436.7 tons)
  4. South Korea (291.4 tons)
  5. India (221.6 tons)
  6. Taiwan (Chinese) (210.2 tons)
  7. Turkey (190.6 tons)
  8. France (82.9 tons)
  9. Spain (68.2 tons)
  10. United Arab Emirates (43.2 tons)
  11. Thailand (34.8 tons)

Carbonates; Potassium Carbonate Exports in Iran

In 2021, the amount of carbonates; potassium carbonates exported from Iran skyrocketed to 2.3 tons, growing by 276% compared with 2020 figures. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, carbonates; potassium carbonate exports skyrocketed to $672 in 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Carbonates; Potassium Carbonate in Iran (USD)
COUNTRY20202021CAGR,
2020-2021
Netherlands97.0336246.4%
Canada151N/A0%
Others97.0336246.4%
Total34567294.8%

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

  1. Netherlands (1.1 tons)

Source: IndexBox Market Intelligence Platform

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