United Kingdom - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Nitrate Price in the UK - 2023
Contents:
- Potassium Nitrate Price in the UK (CIF) - 2022
- Potassium Nitrate Price in the UK (FOB) - 2022
- Potassium Nitrate Imports in the UK
- Potassium Nitrate Exports in the UK
Potassium Nitrate Price in the UK (CIF) - 2022
In 2022, the average potassium nitrate import price amounted to $1,936 per ton, growing by 102% against the previous year. Over the period under review, the import price posted a resilient expansion. 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 France ($4,527 per ton), while the price for Jordan ($1,257 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+67.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Nitrate Price in the UK (FOB) - 2022
In 2022, the average potassium nitrate export price amounted to $1,454 per ton, rising by 55% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($11,764 per ton), while the average price for exports to Ireland ($499 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 Spain (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Nitrate Imports in the UK
In 2022, imports of potassium nitrates into the UK declined markedly to 5.4K tons, with a decrease of -25% on the previous year. In general, imports saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 0.8%.
In value terms, potassium nitrate imports soared to $10M in 2022. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +63.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potassium Nitrate in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.3 | 0.4 | 0.5 | 5.3 | 160.4% |
| Jordan | 1.6 | 1.6 | 1.7 | 1.7 | 2.0% |
| Denmark | N/A | N/A | 0.4 | 1.0 | 150.0% |
| France | 0.8 | 0.6 | 0.8 | 0.9 | 4.0% |
| Netherlands | 4.2 | 2.8 | 2.6 | 0.5 | -50.8% |
| Belgium | 0.6 | 0.3 | 0.5 | 0.5 | -5.9% |
| Germany | 1.5 | 0.4 | 0.4 | 0.3 | -41.5% |
| China | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Total | 9.6 | 6.4 | 6.9 | 10.5 | 3.0% |
Top Suppliers of Potassium Nitrate to the UK in 2022:
- Chile (2407.4 tons)
- Jordan (1347.7 tons)
- Denmark (654.5 tons)
- Belgium (311.7 tons)
- Netherlands (305.0 tons)
- France (207.7 tons)
- Germany (63.0 tons)
Potassium Nitrate Exports in the UK
In 2022, approx. 492 tons of potassium nitrates were exported from the UK; with a decrease of -30.8% compared with the previous year's figure. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 652%. As a result, the exports attained the peak of 712 tons, and then fell notably in the following year.
In value terms, potassium nitrate exports expanded notably to $716K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 703%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Potassium Nitrate in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 65.0 | N/A | 1.3 | 361 | 77.1% |
| Ireland | 70.3 | 48.9 | 57.4 | 170 | 34.2% |
| Germany | 2.9 | 1.6 | 424 | 86.3 | 209.9% |
| Spain | 93.4 | N/A | N/A | 19.2 | -41.0% |
| Others | 16.9 | 32.9 | 187 | 79.3 | 67.4% |
| Total | 248 | 83.4 | 669 | 716 | 42.4% |
Top Export Markets for Potassium Nitrate from the UK in 2022:
- Ireland (340.0 tons)
- Germany (100.1 tons)
- Italy (30.7 tons)
- Spain (14.4 tons)
This report provides an in-depth analysis of the potassium nitrate market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
375
This report provides an in-depth analysis of the potassium nitrate market in the UK.
268
This report provides an in-depth analysis of the nitrates market in the UK.
379
This report provides an in-depth analysis of the nitrites market in the UK.
816
This report provides an in-depth analysis of the global potassium nitrate market.
880
This report provides an in-depth analysis of the global nitrates market.
536
This report provides an in-depth analysis of the global nitrites market.
375
This report provides an in-depth analysis of the potassium nitrate market in the UK.
268
This report provides an in-depth analysis of the nitrates market in the UK.
379
This report provides an in-depth analysis of the nitrites market in the UK.
816
This report provides an in-depth analysis of the global potassium nitrate market.
1012
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1328
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...
913
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...
634
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...
1012
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...
1328
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...
913
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...
634
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...
