Hungary - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPotassium Chloride (MOP) Price in Hungary - 2023
Contents:
- Potassium Chloride (MOP) Price in Hungary (CIF) - 2023
- Potassium Chloride (MOP) Price in Hungary (FOB) - 2023
- Potassium Chloride (MOP) Imports in Hungary
- Potassium Chloride (MOP) Exports in Hungary
Potassium Chloride (MOP) Price in Hungary (CIF) - 2023
The average potassium chloride (MOP) import price stood at $454 per ton in August 2023, which is down by -19.3% against the previous month. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in January 2023 an increase of 88% against the previous month. As a result, import price reached the peak level of $1,394 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Slovakia ($786 per ton), while the price for the Netherlands ($325 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Chloride (MOP) Price in Hungary (FOB) - 2023
In August 2023, the average potassium chloride (MOP) export price amounted to $360 per ton, falling by -5.7% against the previous month. Overall, the export price saw a abrupt slump. The pace of growth appeared the most rapid in December 2022 an increase of 85% m-o-m. As a result, the export price reached the peak level of $1,210 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Romania ($647 per ton), while the average price for exports to Lithuania amounted to $352 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Potassium Chloride (MOP) Imports in Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of potassium chloride (MOP), when their volume decreased by -40.5% to 86K tons. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 145K tons, and then fell significantly in the following year.
In value terms, potassium chloride (MOP) imports dropped remarkably to $30M in 2022. In general, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $47M, and then contracted markedly in the following year.
Import of Potassium Chloride (MOP) in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 15.6 | 11.7 | 6.2 | 24.8 | 16.7% |
Netherlands | 2.3 | 0.6 | 0.4 | 2.0 | -4.6% |
Russia | 10.5 | 10.8 | 12.5 | 1.8 | -44.4% |
Slovakia | N/A | 0.4 | 0.3 | 0.5 | 11.8% |
Romania | 0.9 | 2.3 | 5.5 | 0.2 | -39.4% |
Belarus | 1.5 | 5.5 | 20.0 | N/A | 265.1% |
Others | 2.6 | 2.4 | 1.8 | 1.0 | -27.3% |
Total | 33.4 | 33.6 | 46.7 | 30.2 | -3.3% |
Top Suppliers of Potassium Chloride (MOP) to Hungary in 2022:
- Germany (77.2K tons)
- Russia (3.1K tons)
- Slovakia (2.1K tons)
- Netherlands (1.3K tons)
- Romania (0.7K tons)
Potassium Chloride (MOP) Exports in Hungary
For the fourth year in a row, Hungary recorded growth in overseas shipments of potassium chloride (MOP), which increased by 3.7% to 12K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, potassium chloride (MOP) exports skyrocketed to $7.2M 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 Chloride (MOP) in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | N/A | N/A | 0.2 | 4,651 | 2325400.0% |
Poland | 0.1 | 1.5 | 0.1 | 898 | 1978.5% |
Slovakia | 75.3 | 822 | 626 | 759 | 116.0% |
Serbia | 383 | N/A | 97.3 | 449 | 5.4% |
Croatia | 55.7 | 32.9 | 38.6 | 170 | 45.1% |
Czech Republic | N/A | 119 | 9.4 | 113 | -2.6% |
Romania | 108 | 587 | 399 | 34.4 | -31.7% |
Bosnia and Herzegovina | 655 | 534 | 772 | N/A | 8.6% |
Others | 99.2 | 70.6 | 1,952 | 97.9 | -0.4% |
Total | 1,376 | 2,167 | 3,894 | 7,173 | 73.4% |
Top Export Markets for Potassium Chloride (MOP) from Hungary in 2022:
- Lithuania (8.0K tons)
- Slovakia (1.5K tons)
- Poland (1.4K tons)
- Czech Republic (0.4K tons)
- Serbia (0.4K tons)
- Croatia (0.2K tons)
- Romania (0.1K tons)
This report provides an in-depth analysis of the potassium chloride (mop) market in Hungary. 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 4016 - Potassium chloride (muriate of potash) (MOP)
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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 chloride (mop) market in Hungary.
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 Hungary.
This report provides an in-depth analysis of the potassic fertilizer market in Hungary.
This report provides an in-depth analysis of the potassium sulphate (sop) market in Hungary.
This report provides an in-depth analysis of the global potassium chloride (mop) 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 sulphate (sop) market.
This report provides an in-depth analysis of the potassium chloride (mop) market in Hungary.
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 Hungary.
Explore the top import markets for Potassium Chloride (MOP) in the world. Brazil, United States, China, and more lead the market. Key statistics and numbers provided.
A prolonged price rally is expected in the potassium chloride (MOP) market owing to anticipated supply chain disruptions after the U.S., the UK, Canada and EU countries have imposed sanctions on a major potassium chloride supplier, Belarus Potash Company (BPC). Limited exports from Canada will be another factor instigating price growth. MOP prices have already started to rise in Brazil due to supply delays. The average annual MOP price is projected to surge by 55% y-o-y to near $325 per ton in 2022.
In 2016, the global imports of potash stood at X tons, descending by -X% against the previous year level. In general, potash imports continue to indicate a relatively flat trend pattern. The mos...
In 2016, the global imports of potash stood at X tons, descending by -X% against the previous year level. In general, potash imports continue to indicate a relatively flat trend pattern. The mos...
Explore the top import markets for potassic fertilizer and their key statistics. Learn about the leading countries, emerging markets, and the importance of potassic fertilizer in maximizing crop yields.
In value terms, animal and vegetable fertilizers imports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual r...
In value terms, animal and vegetable fertilizers exports amounted to $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total exports value increased at an average annu...
Explore the top import markets for Potassium Chloride (MOP) in the world. Brazil, United States, China, and more lead the market. Key statistics and numbers provided.
A prolonged price rally is expected in the potassium chloride (MOP) market owing to anticipated supply chain disruptions after the U.S., the UK, Canada and EU countries have imposed sanctions on a major potassium chloride supplier, Belarus Potash Company (BPC). Limited exports from Canada will be another factor instigating price growth. MOP prices have already started to rise in Brazil due to supply delays. The average annual MOP price is projected to surge by 55% y-o-y to near $325 per ton in 2022.
In 2016, the global imports of potash stood at X tons, descending by -X% against the previous year level. In general, potash imports continue to indicate a relatively flat trend pattern. The mos...