Carbonates; Potassium Carbonate Price in Italy - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Italy (FOB) - 2023
- Carbonates; Potassium Carbonate Price in Italy (CIF) - 2023
- Carbonates; Potassium Carbonate Exports in Italy
- Carbonates; Potassium Carbonate Imports in Italy
Carbonates; Potassium Carbonate Price in Italy (FOB) - 2023
The average carbonates; potassium carbonate export price stood at $1,460 per ton in June 2023, with a decrease of -11.8% against the previous month. In general, the export price showed a pronounced descent. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 18% against the previous month. As a result, the export price reached the peak level of $2,404 per ton. From January 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ghana ($2,084 per ton), while the average price for exports to Spain ($1,153 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.2%), while the prices for the other major destinations experienced a decline.
Carbonates; Potassium Carbonate Price in Italy (CIF) - 2023
In June 2023, the average carbonates; potassium carbonate import price amounted to $2,593 per ton, rising by 4.3% against the previous month. Over the period under review, import price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, carbonates; potassium carbonate import price decreased by -11.5% against February 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 38% against the previous month. The import price peaked at $2,932 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($3,256 per ton), while the price for China ($1,523 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Exports in Italy
In 2022, carbonates; potassium carbonate exports from Italy soared to 39K tons, with an increase of 81% on 2021 figures. Over the period under review, exports saw significant growth. 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 $37M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.5 | 3.3 | 4.8 | 7.3 | 42.9% |
| Germany | 2.0 | 1.6 | 2.1 | 4.1 | 27.0% |
| Cote d'Ivoire | 1.5 | 0.8 | 1.3 | 3.8 | 36.3% |
| Ghana | 0.9 | N/A | 0.8 | 3.6 | 58.7% |
| Netherlands | 0.3 | 0.7 | 0.9 | 2.6 | 105.4% |
| France | 0.9 | 1.0 | 1.2 | 2.4 | 38.7% |
| Israel | 0.9 | 0.7 | 0.6 | 1.6 | 21.1% |
| Austria | 1.0 | 0.4 | 0.7 | 1.5 | 14.5% |
| Mexico | 0.2 | 0.2 | 0.3 | 1.4 | 91.3% |
| United Kingdom | 0.6 | 0.5 | 0.6 | 1.4 | 32.6% |
| Iran | 1.3 | 1.6 | 1.3 | 1.2 | -2.6% |
| South Africa | 0.8 | 0.9 | 0.8 | 0.7 | -4.4% |
| Brazil | 1.0 | 0.3 | 0.2 | 0.5 | -20.6% |
| Others | 3.5 | 3.2 | 4.5 | 5.1 | 13.4% |
| Total | 17.3 | 15.3 | 20.3 | 37.2 | 29.1% |
Top Export Markets for Carbonates; Potassium Carbonate from Italy in 2022:
- Spain (8.6K tons)
- Netherlands (5.3K tons)
- Cote d'Ivoire (4.0K tons)
- Germany (3.9K tons)
- Ghana (3.5K tons)
- France (2.8K tons)
- Mexico (1.5K tons)
- Israel (1.4K tons)
- United Kingdom (1.3K tons)
- Iran (0.9K tons)
- South Africa (0.8K tons)
- Austria (0.7K tons)
- Brazil (0.6K tons)
Carbonates; Potassium Carbonate Imports in Italy
Carbonates; potassium carbonate imports into Italy surged to 15K tons in 2022, rising by 66% on 2021. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $19M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3.4 | 2.0 | 3.2 | 7.7 | 31.3% |
| Germany | 1.5 | 2.2 | 2.7 | 4.3 | 42.1% |
| France | 1.0 | 1.2 | 1.3 | 2.7 | 39.2% |
| Poland | 0.5 | 0.6 | 0.8 | 2.3 | 66.3% |
| Russia | 1.2 | 0.8 | 1.0 | 1.6 | 10.1% |
| China | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Others | 0.4 | 0.7 | 0.7 | 0.4 | 0.0% |
| Total | 8.3 | 7.8 | 10.2 | 19.5 | 32.9% |
Top Suppliers of Carbonates; Potassium Carbonate to Italy in 2022:
- South Korea (9.4K tons)
- Poland (1.4K tons)
- Germany (1.4K tons)
- Russia (1.2K tons)
- France (1.0K tons)
- China (0.3K tons)
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