Carbonates; Potassium Carbonate Price in Belgium - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Belgium (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Belgium (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Belgium
- Carbonates; Potassium Carbonate Exports in Belgium
Carbonates; Potassium Carbonate Price in Belgium (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,778 per ton, increasing by 72% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; potassium carbonate import price increased by +91.1% against 2020 indices. As a result, import price attained 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 Germany ($2,459 per ton), while the price for Cyprus ($1,016 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Belgium (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $705 per ton in 2022, increasing by 3.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 7.9% against the previous year. As a result, the export price attained the peak level of $756 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($754 per ton) and Pakistan ($628 per ton), while the average price for exports to France ($537 per ton) and Germany ($594 per ton) were amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Carbonates; Potassium Carbonate Imports in Belgium
For the fourth consecutive year, Belgium recorded growth in supplies from abroad of carbonates; potassium carbonates, which increased by 7.1% to 6.1K tons in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 160% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, carbonates; potassium carbonate imports skyrocketed to $11M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 104% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Carbonates; Potassium Carbonate in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 531 | 2,997 | 2,306 | 4,978 | 110.9% |
| France | 343 | 432 | 1,782 | 3,630 | 119.6% |
| Germany | 596 | 387 | 922 | 1,235 | 27.5% |
| Luxembourg | 290 | N/A | 84.3 | 388 | 10.2% |
| Netherlands | 259 | 398 | 186 | 170 | -13.1% |
| Cyprus | N/A | N/A | N/A | 146 | 0% |
| China | 63.5 | 199 | 323 | 141 | 30.5% |
| Others | 215 | 275 | 327 | 212 | -0.5% |
| Total | 2,297 | 4,689 | 5,930 | 10,901 | 68.0% |
Top Suppliers of Carbonates; Potassium Carbonate to Belgium in 2022:
- South Korea (3002.7 tons)
- France (1898.3 tons)
- Germany (502.2 tons)
- Luxembourg (266.1 tons)
- Cyprus (143.7 tons)
- Netherlands (129.6 tons)
- China (92.9 tons)
Carbonates; Potassium Carbonate Exports in Belgium
For the fourth consecutive year, Belgium recorded growth in shipments abroad of carbonates; potassium carbonates, which increased by 102% to 17K tons in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate exports surged to $12M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.4 | 2.5 | 2.3 | 7.4 | 74.2% |
| France | 1.0 | 1.3 | 1.5 | 1.6 | 17.0% |
| Germany | 1.1 | 0.8 | 1.0 | 1.5 | 10.9% |
| Pakistan | 0.2 | 0.2 | 0.7 | 1.1 | 76.5% |
| Others | 0.3 | 0.5 | 0.4 | 0.7 | 32.6% |
| Total | 4.0 | 5.3 | 5.8 | 12.2 | 45.0% |
Top Export Markets for Carbonates; Potassium Carbonate from Belgium in 2022:
- Netherlands (9.7K tons)
- France (2.9K tons)
- Germany (2.5K tons)
- Pakistan (1.7K tons)
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