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Chile - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Nitrate Price in Chile - 2023
Contents:
- Potassium Nitrate Price in Chile (FOB) - 2023
- Potassium Nitrate Price in Chile (CIF) - 2022
- Potassium Nitrate Exports in Chile
- Potassium Nitrate Imports in Chile
Potassium Nitrate Price in Chile (FOB) - 2023
The average potassium nitrate export price stood at $918 per ton in July 2023, with a decrease of -8.8% against the previous month. Overall, the export price recorded a pronounced contraction. The growth pace was the most rapid in May 2023 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices attained the maximum at $1,436 per ton in October 2022; however, from November 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Peru ($1,750 per ton), while the average price for exports to the United Arab Emirates ($645 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Nitrate Price in Chile (CIF) - 2022
In 2022, the average potassium nitrate import price amounted to $837 per ton, which is down by -9.8% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 373% against the previous year. Over the period under review, average import prices hit record highs at $5,145 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.5% per year.
Potassium Nitrate Exports in Chile
In 2022, approx. 585K tons of potassium nitrates were exported from Chile; jumping by 21% against the previous year's figure. The total export volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, potassium nitrate exports surged to $541M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Potassium Nitrate in Chile (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 83.6 | 65.4 | 82.8 | 178 | 28.6% |
Spain | 56.5 | 39.0 | 60.1 | 99.9 | 20.9% |
United States | 60.8 | 41.7 | 66.8 | 93.5 | 15.4% |
Peru | 13.4 | 24.9 | 16.1 | 65.6 | 69.8% |
South Africa | 16.6 | 14.0 | 15.5 | 26.4 | 16.7% |
United Arab Emirates | 3.2 | 64.8 | 50.9 | 20.6 | 86.0% |
Argentina | 11.5 | 11.4 | 13.5 | 18.1 | 16.3% |
Others | 27.4 | 28.9 | 32.8 | 38.7 | 12.2% |
Total | 273 | 290 | 339 | 541 | 25.6% |
Top Export Markets for Potassium Nitrate from Chile in 2022:
- Netherlands (272.0K tons)
- Spain (82.7K tons)
- United States (72.6K tons)
- Peru (48.0K tons)
- United Arab Emirates (33.8K tons)
- Argentina (25.0K tons)
- South Africa (20.0K tons)
Potassium Nitrate Imports in Chile
In 2022, potassium nitrate imports into Chile surged to 1.2K tons, with an increase of 281% on the previous year's figure. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,179%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, potassium nitrate imports skyrocketed to $1M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 697% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Import of Potassium Nitrate in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 16.8 | 244 | N/A | 887 | 275.1% |
Lithuania | N/A | N/A | 193 | N/A | 0% |
Others | 19.3 | 44.3 | 109 | 152 | 99.0% |
Total | 36.1 | 288 | 302 | 1,039 | 206.5% |
Top Suppliers of Potassium Nitrate to Chile in 2022:
- China (1224.5 tons)
This report provides an in-depth analysis of the potassium nitrate market in Chile. 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 4025 - Potassium nitrate
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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
-
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
This report provides an in-depth analysis of the potassium nitrate market in Chile.
This report provides an in-depth analysis of the nitrates market in Chile.
This report provides an in-depth analysis of the nitrites market in Chile.
This report provides an in-depth analysis of the global potassium nitrate market.
This report provides an in-depth analysis of the global nitrates market.
This report provides an in-depth analysis of the global nitrites market.
This report provides an in-depth analysis of the potassium nitrate market in Chile.
This report provides an in-depth analysis of the nitrates market in Chile.
This report provides an in-depth analysis of the nitrites market in Chile.
This report provides an in-depth analysis of the global potassium nitrate market.
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