Russian Federation - Potassium Sulphate (SOP) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRussian Federation: Potassium Sulphate (Sop) Market 2024
Potassium Sulphate (Sop) Market Size in the Russian Federation
The Russian potassium sulphate (SOP) market contracted remarkably to $X in 2023, declining by X% against the previous year. Over the period under review, consumption, however, showed a resilient increase. As a result, consumption attained the peak level of $X, and then shrank markedly in the following year.
Potassium Sulphate (Sop) Production in the Russian Federation
In value terms, potassium sulphate (SOP) production reduced to $X in 2023 estimated in export price. Overall, production continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Potassium Sulphate (Sop) Exports
Exports from the Russian Federation
In 2023, shipments abroad of potassium sulphate (SOP) was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, potassium sulphate (SOP) exports surged to $X in 2023. Overall, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
China (X tons) was the main destination for potassium sulphate (SOP) exports from Russia, with a X% share of total exports. Moreover, potassium sulphate (SOP) exports to China exceeded the volume sent to the second major destination, Spain (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Czech Republic (X% per year).
In value terms, China ($X) emerged as the key foreign market for potassium sulphate (SOP) exports from Russia, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Azerbaijan, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Azerbaijan (X% per year).
Export Prices by Country
The average potassium sulphate (SOP) export price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Sulphate (Sop) Imports
Imports into the Russian Federation
After two years of decline, purchases abroad of potassium sulphate (SOP) increased by X% to X tons in 2023. In general, imports saw a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, potassium sulphate (SOP) imports soared to $X in 2023. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, the Netherlands (X tons) was the main potassium sulphate (SOP) supplier to Russia, with a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from the Netherlands totaled X%.
In value terms, the Netherlands ($X) constituted the largest supplier of potassium sulphate (SOP) to Russia.
From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands totaled X%.
Import Prices by Country
In 2023, the average potassium sulphate (SOP) import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2022 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2023, the rate of growth in terms of prices for the Netherlands amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the potassium sulphate (sop) market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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
Recommended reports
This report provides an in-depth analysis of the potassium sulphate (sop) market in Asia.
This report provides an in-depth analysis of the potassium sulphate (sop) market in the U.S..
This report provides an in-depth analysis of the potassium sulphate (sop) market in China.
This report provides an in-depth analysis of the potassium sulphate (sop) market in the EU.
This report provides an in-depth analysis of the global potassium sulphate (sop) market.
- Market Research in Russia
- Potassium Sulphate (SOP) Price Russia
- Potassium Sulphate Market
- Crude Glycerol Market
- Denatured Ethyl Alcohol Market
- Roasted Iron Pyrites Market
- Benzol Market
- Aromatic Hydrocarbon Mixtures Market
- Oils From Coal Tar Market
- Organo-Sulphur Compounds and Other Organo-Inorganic Compounds Market