Serbia - Potassium Hydroxide (Caustic Potash) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Hydroxide Price in Serbia - 2023
Contents:
- Potassium Hydroxide Price in Serbia (CIF) - 2022
- Potassium Hydroxide Price in Serbia (FOB) - 2022
- Potassium Hydroxide Imports in Serbia
- Potassium Hydroxide Exports in Serbia
Potassium Hydroxide Price in Serbia (CIF) - 2022
In 2022, the average potassium hydroxide import price amounted to $1,490 per ton, increasing by 51% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potassium hydroxide import price increased by +50.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,932 per ton), while the price for the Czech Republic ($937 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Potassium Hydroxide Price in Serbia (FOB) - 2022
In 2022, the average potassium hydroxide export price amounted to $1,606 per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 179%. As a result, the export price reached the peak level of $3,753 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($2,194 per ton), while the average price for exports to Bosnia and Herzegovina ($751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (-4.9%), while the prices for the other major destinations experienced a decline.
Potassium Hydroxide Imports in Serbia
For the fourth year in a row, Serbia recorded growth in overseas purchases of potassium hydroxide (caustic potash), which increased by 18% to 2K tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +27.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, potassium hydroxide imports skyrocketed to $3M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potassium Hydroxide in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 234 | N/A | 250 | 1,224 | 73.6% |
Italy | 257 | 264 | 451 | 629 | 34.8% |
Russia | 48.7 | 137 | 96.9 | 586 | 129.2% |
Czech Republic | 406 | 888 | 858 | 506 | 7.6% |
Others | 8.4 | 21.4 | 18.6 | 29.0 | 51.1% |
Total | 954 | 1,310 | 1,674 | 2,973 | 46.1% |
Top Suppliers of Potassium Hydroxide to Serbia in 2022:
- South Korea (790.0 tons)
- Czech Republic (539.5 tons)
- Italy (325.3 tons)
- Russia (320.0 tons)
Potassium Hydroxide Exports in Serbia
Potassium hydroxide exports from Serbia surged to 35 tons in 2022, growing by 66% on the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,406% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, potassium hydroxide exports surged to $56K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,451%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
Export of Potassium Hydroxide in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | N/A | N/A | N/A | 30.7 | 0% |
North Macedonia | 25.0 | 0.4 | 31.5 | 15.4 | -14.9% |
Bosnia and Herzegovina | 0.3 | 0.1 | 0.8 | 10.0 | 221.8% |
Romania | N/A | N/A | 1.4 | N/A | 0% |
Others | 1.3 | 1.8 | 0.5 | 0.1 | -57.5% |
Total | 26.7 | 2.2 | 34.1 | 56.2 | 28.2% |
Top Export Markets for Potassium Hydroxide from Serbia in 2022:
- Austria (14.0 tons)
- Bosnia and Herzegovina (13.4 tons)
- North Macedonia (7.7 tons)
This report provides an in-depth analysis of the potassium hydroxide market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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