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Spain - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Nitrate Price in Spain - 2023
Contents:
- Potassium Nitrate Price in Spain (CIF) - 2023
- Potassium Nitrate Price in Spain (FOB) - 2022
- Potassium Nitrate Imports in Spain
- Potassium Nitrate Exports in Spain
Potassium Nitrate Price in Spain (CIF) - 2023
In July 2023, the average potassium nitrate import price amounted to $1,151 per ton, increasing by 11% against the previous month. In general, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 16% against the previous month. As a result, import price reached the peak level of $1,529 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Poland ($1,258 per ton) and Israel ($1,204 per ton), while the price for Chile ($1,002 per ton) and Switzerland ($1,022 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Potassium Nitrate Price in Spain (FOB) - 2022
In 2022, the average potassium nitrate export price amounted to $1,338 per ton, with an increase of 53% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Portugal ($1,495 per ton) and Morocco ($1,303 per ton), while the average price for exports to Turkey ($1,189 per ton) and Italy ($1,206 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Nitrate Imports in Spain
In 2022, purchases abroad of potassium nitrates decreased by -1% to 194K tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 5.1%. As a result, imports attained the peak of 200K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, potassium nitrate imports surged to $216M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potassium Nitrate in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 57.9 | 57.9 | 60.5 | 99.7 | 19.9% |
Israel | 30.1 | 36.3 | 31.8 | 52.5 | 20.4% |
Jordan | 23.6 | 22.8 | 24.1 | 37.2 | 16.4% |
Denmark | 6.4 | 4.6 | 5.7 | 13.1 | 27.0% |
Belgium | 11.7 | 9.4 | 11.6 | 8.1 | -11.5% |
China | 5.5 | 3.7 | N/A | 1.1 | -41.5% |
Others | 1.3 | 0.8 | 6.8 | 4.5 | 51.3% |
Total | 136 | 135 | 141 | 216 | 16.7% |
Top Suppliers of Potassium Nitrate to Spain in 2022:
- Chile (91.2K tons)
- Israel (44.6K tons)
- Jordan (28.5K tons)
- Denmark (20.2K tons)
- Belgium (4.9K tons)
- China (0.6K tons)
Potassium Nitrate Exports in Spain
In 2022, shipments abroad of potassium nitrates decreased by -18.3% to 27K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep contraction. The growth pace was the most rapid in 2020 when exports increased by 0.9% against the previous year. As a result, the exports attained the peak of 39K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, potassium nitrate exports skyrocketed to $37M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Potassium Nitrate in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 16.9 | 18.0 | 12.0 | 15.5 | -2.8% |
Italy | 4.5 | 4.6 | 6.0 | 7.8 | 20.1% |
Portugal | 6.8 | 4.3 | 5.9 | 7.8 | 4.7% |
Morocco | 0.8 | 0.8 | 0.8 | 0.8 | 0.0% |
France | 0.3 | 0.7 | 1.2 | 0.5 | 18.6% |
Others | 1.6 | 1.3 | 3.4 | 4.2 | 37.9% |
Total | 31.0 | 29.7 | 29.2 | 36.5 | 5.6% |
Top Export Markets for Potassium Nitrate from Spain in 2022:
- Turkey (13.0K tons)
- Italy (6.5K tons)
- Portugal (5.2K tons)
- Morocco (0.6K tons)
- France (0.4K tons)
This report provides an in-depth analysis of the potassium nitrate market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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 Spain.
This report provides an in-depth analysis of the nitrates market in Spain.
This report provides an in-depth analysis of the nitrites market in Spain.
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 Spain.
This report provides an in-depth analysis of the nitrates market in Spain.
This report provides an in-depth analysis of the nitrites market in Spain.
This report provides an in-depth analysis of the global potassium nitrate market.
Between 2018 and 2023, imports of Potassium Nitrate experienced a noticeable decline, with its value reducing sharply to $110M by 2023.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...
Between 2018 and 2023, imports of Potassium Nitrate experienced a noticeable decline, with its value reducing sharply to $110M by 2023.
In value terms, nitrites and nitrates imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, hydrides, nitrides, azides, silicides and borides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend patte...
In value terms, nitrites and nitrates exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
In value terms, hydrides, nitrides, azides, silicides and borides exports totaled $X in 2016. Overall, hydrides, nitrides, azides, silicides and borides exports continue to indicate a relatively fl...