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Estonia - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Sulphate (SOP) Price in Estonia - 2023
Contents:
- Potassium Sulphate (SOP) Price in Estonia (CIF) - 2022
- Potassium Sulphate (SOP) Price in Estonia (FOB) - 2022
- Potassium Sulphate (SOP) Imports in Estonia
- Potassium Sulphate (SOP) Exports in Estonia
Potassium Sulphate (SOP) Price in Estonia (CIF) - 2022
The average potassium sulphate (SOP) import price stood at $827 per ton in 2022, growing by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,146 per ton), while the price for Germany stood at $793 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Sulphate (SOP) Price in Estonia (FOB) - 2022
The average potassium sulphate (SOP) export price stood at $1,274 per ton in 2022, rising by 20% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 118%. The export price peaked at $1,326 per ton in 2012; afterwards, it flattened through to 2022.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +12.6% per year.
Potassium Sulphate (SOP) Imports in Estonia
In 2022, the amount of potassium sulphate (SOP) imported into Estonia fell sharply to 297 tons, waning by -19.8% against 2021 figures. Overall, imports faced a sharp downturn.
In value terms, potassium sulphate (SOP) imports stood at $246K in 2022. Over the period under review, imports recorded a dramatic descent.
Import of Potassium Sulphate (SOP) in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 184 | 168 | 237 | 228 | 7.4% |
Finland | 12.1 | 8.4 | 8.3 | 8.0 | -12.9% |
China | 35.1 | 3.0 | N/A | N/A | -91.5% |
Belgium | 450 | 146 | N/A | N/A | -67.6% |
Egypt | 67.1 | N/A | N/A | N/A | 0% |
Others | 22.3 | 10.5 | 0.1 | 9.6 | -24.5% |
Total | 770 | 336 | 245 | 246 | -31.6% |
Top Suppliers of Potassium Sulphate (SOP) to Estonia in 2022:
- Germany (288.0 tons)
- Finland (7.0 tons)
Potassium Sulphate (SOP) Exports in Estonia
In 2022, shipments abroad of potassium sulphate (SOP) decreased by 0% to 800 kg, falling for the second year in a row after two years of growth. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 645%. As a result, the exports reached the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, potassium sulphate (SOP) exports surged to $1K in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 504%. As a result, the exports attained the peak of $994K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Potassium Sulphate (SOP) in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 7.5 | N/A | 0.8 | 1.0 | -48.9% |
Russia | N/A | 983 | N/A | N/A | 0% |
Jordan | 42.6 | N/A | N/A | N/A | 0% |
Sweden | 115 | N/A | N/A | N/A | 0% |
Others | N/A | 10.8 | N/A | N/A | 0% |
Total | 165 | 994 | 0.8 | 1.0 | -81.8% |
Top Export Markets for Potassium Sulphate (SOP) from Estonia in 2022:
- Latvia (800.0 kg)
This report provides an in-depth analysis of the potassium sulphate (sop) market in Estonia. 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 4017 - Potassium sulphate (sulphate of potash) (SOP)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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
This report provides an in-depth analysis of the potassium sulphate (sop) market in Estonia.
This report provides an in-depth analysis of the market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in Estonia.
This report provides an in-depth analysis of the potassic fertilizer market in Estonia.
This report provides an in-depth analysis of the potassium chloride (mop) market in Estonia.
This report provides an in-depth analysis of the global potassium sulphate (sop) market.
This report provides an in-depth analysis of the global market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers.
This report provides an in-depth analysis of the global potassic fertilizer market.
This report provides an in-depth analysis of the global potassium chloride (mop) market.
This report provides an in-depth analysis of the potassium sulphate (sop) market in Estonia.
This report provides an in-depth analysis of the market for carnallite, sylvite and other crude natural potassium salts, potassium magnesium sulphate and mixtures of potassic fertilisers in Estonia.
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