Brazil - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in Brazil - 2023
Contents:
- Potassium Hydroxide Price in Brazil (CIF) - 2023
- Potassium Hydroxide Price in Brazil (FOB) - 2023
- Potassium Hydroxide Imports in Brazil
- Potassium Hydroxide Exports in Brazil
Potassium Hydroxide Price in Brazil (CIF) - 2023
In October 2023, the average potassium hydroxide import price amounted to $1,517 per ton, surging by 20% against the previous month. In general, the import price, however, continues to indicate a noticeable shrinkage. Over the period under review, average import prices hit record highs at $2,343 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,995 per ton), while the price for South Korea totaled $1,113 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-1.1%).
Potassium Hydroxide Price in Brazil (FOB) - 2023
The average potassium hydroxide export price stood at $1,273 per ton in October 2023, increasing by 34% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 273% month-to-month. As a result, the export price attained the peak level of $9,970 per ton. From January 2023 to October 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Argentina ($3,440 per ton), while the average price for exports to Peru ($950 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Hydroxide Imports in Brazil
In 2022, imports of potassium hydroxide (caustic potash) into Brazil soared to 86K tons, with an increase of 238% compared with 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, potassium hydroxide imports soared to $89M in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potassium Hydroxide in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 11.6 | 11.7 | 10.1 | 39.3 | 50.2% |
China | 9.2 | 2.8 | 5.4 | 33.8 | 54.3% |
Argentina | 0.7 | 0.6 | 4.1 | 9.9 | 141.8% |
Italy | 2.3 | 0.9 | 2.1 | 3.8 | 18.2% |
Russia | 0.7 | 1.3 | 1.6 | 1.1 | 16.3% |
Others | 0.7 | 0.3 | 0.3 | 1.1 | 16.3% |
Total | 25.1 | 17.6 | 23.5 | 89.1 | 52.5% |
Top Suppliers of Potassium Hydroxide to Brazil in 2022:
- China (39.9K tons)
- South Korea (35.6K tons)
- Argentina (6.8K tons)
- Italy (2.1K tons)
- Russia (0.8K tons)
Potassium Hydroxide Exports in Brazil
In 2022, shipments abroad of potassium hydroxide (caustic potash) decreased by -33% to 5.8K tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 41%. As a result, the exports reached the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, potassium hydroxide exports dropped rapidly to $5.2M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 42%. As a result, the exports attained the peak of $7.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Potassium Hydroxide in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 4.2 | 5.7 | 3.2 | 2.0 | -21.9% |
Mexico | 0.4 | 0.8 | 1.1 | 1.5 | 55.4% |
Paraguay | 0.1 | 0.2 | 1.3 | 1.1 | 122.4% |
Chile | 0.2 | 0.3 | 0.7 | 0.5 | 35.7% |
Colombia | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
Total | 5.2 | 7.3 | 6.5 | 5.2 | 0.0% |
Top Export Markets for Potassium Hydroxide from Brazil in 2022:
- Argentina (3375.9 tons)
- Mexico (1068.7 tons)
- Paraguay (889.0 tons)
- Chile (393.1 tons)
- Colombia (81.0 tons)
This report provides an in-depth analysis of the potassium hydroxide market in Brazil. 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:
- Prodcom 20132530 - Potassium hydroxide (caustic potash)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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Potassium Hydroxide imports peaked at 71K tons before experiencing a significant drop the following year, causing a notable decrease in value to $19M in 2023.
Potassium Hydroxide saw a significant 66% month-on-month growth in July 2023, bringing its import value to $1.2M in February 2024.
In February 2023, the potassium hydroxide price stood at $2,002 per ton (CIF, Brazil), increasing by 1.7% against the previous month.
Global potash production increased by 2.3% y/y to 46M tons of potassium oxide (K2O) equivalent in 2021. With the steady expansion of mining facilities in Russia, Canada and Belarus, the world’s potash output is forecast to pick up a further 11% by 2025.
The potassium hydroxide market, buoyed by steady demand from soap and detergent, fertilizer, and potassium carbonate manufacturers, emerged from the pandemic without any significant losses. The market is set to expand further, as a result of increasing demand from hygiene product industry, electronic chemistry and alternative fuel manufacture.
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