Belarus - Nitrates Of Potassium - 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 Nitrate Price in Belarus - 2022
Contents:
- Potassium Nitrate Price in Belarus (FOB) - 2022
- Potassium Nitrate Price in Belarus (CIF) - 2022
- Potassium Nitrate Exports in Belarus
- Potassium Nitrate Imports in Belarus
Potassium Nitrate Price in Belarus (FOB) - 2022
In March 2022, the average potassium nitrate export price amounted to $1,213 per ton, with an increase of 29% against the previous month. Overall, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In March 2022, the country with the highest price was Russia ($1,232 per ton), while the average price for exports to Armenia ($838 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.
Potassium Nitrate Price in Belarus (CIF) - 2022
In 2022, the average potassium nitrate import price amounted to $1,134 per ton, with an increase of 39% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($1,873 per ton), while the price for Russia ($861 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Potassium Nitrate Exports in Belarus
For the fourth year in a row, Belarus recorded growth in shipments abroad of potassium nitrates, which increased by 8.5% to 40K tons in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 30,021%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, potassium nitrate exports skyrocketed to $39M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 15,020% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Potassium Nitrate in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | 0.1 | 0.6 | 6.1 | 681.0% |
Belgium | N/A | N/A | 0.2 | 3.0 | 1400.0% |
Azerbaijan | N/A | N/A | N/A | 1.0 | 0% |
South Africa | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
United Arab Emirates | N/A | N/A | N/A | 0.9 | 0% |
Turkey | N/A | N/A | 0.5 | 0.7 | 40.0% |
Kazakhstan | N/A | 0.1 | 0.2 | 0.6 | 144.9% |
Greece | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
Armenia | N/A | N/A | 0.2 | 0.5 | 150.0% |
Uzbekistan | N/A | N/A | N/A | 0.4 | 0% |
Tunisia | N/A | N/A | N/A | 0.3 | 0% |
Russia | N/A | N/A | N/A | 0.3 | 0% |
Lithuania | N/A | 3.3 | 9.9 | N/A | 200.0% |
Others | N/A | 1.1 | 11.4 | 23.5 | 362.2% |
Total | N/A | 4.8 | 23.2 | 38.8 | 184.3% |
Top Export Markets for Potassium Nitrate from Belarus in 2022:
- Spain (5.7K tons)
- Belgium (3.1K tons)
- South Africa (1.0K tons)
- United Arab Emirates (1.0K tons)
- Azerbaijan (0.7K tons)
- Turkey (0.6K tons)
- Greece (0.5K tons)
- Uzbekistan (0.4K tons)
- Armenia (0.4K tons)
- Tunisia (0.3K tons)
- Kazakhstan (0.3K tons)
- Russia (0.3K tons)
Potassium Nitrate Imports in Belarus
Potassium nitrate imports into Belarus reduced slightly to 1.4K tons in 2022, declining by -3.9% compared with the year before. In general, imports continue to indicate a deep reduction.
In value terms, potassium nitrate imports surged to $1.6M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Potassium Nitrate in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 195 | 317 | 322 | 401 | 27.2% |
Chile | 310 | 150 | 123 | 246 | -7.4% |
Netherlands | 317 | 144 | 170 | 211 | -12.7% |
Ukraine | 91.9 | 117 | 113 | 149 | 17.5% |
Denmark | 67.7 | 106 | 96.7 | 120 | 21.0% |
Belgium | 19.0 | 33.2 | 60.4 | 77.8 | 60.0% |
Lithuania | 49.3 | 74.8 | 15.5 | 48.2 | -0.7% |
Others | 455 | 416 | 319 | 371 | -6.6% |
Total | 1,505 | 1,357 | 1,220 | 1,624 | 2.6% |
Top Suppliers of Potassium Nitrate to Belarus in 2022:
- Russia (465.6 tons)
- Chile (245.7 tons)
- Netherlands (238.7 tons)
- Denmark (122.0 tons)
- Ukraine (79.7 tons)
- Belgium (75.2 tons)
- Lithuania (53.6 tons)
This report provides an in-depth analysis of the potassium nitrate market in Belarus. 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:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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 nitrate market in Belarus.
This report provides an in-depth analysis of the nitrates market in Belarus.
This report provides an in-depth analysis of the nitrites market in Belarus.
This report provides an in-depth analysis of the global potassium nitrate market.
This report provides an in-depth analysis of the global nitrates market.
This report provides an in-depth analysis of the global nitrites market.
This report provides an in-depth analysis of the potassium nitrate market in Belarus.
This report provides an in-depth analysis of the nitrates market in Belarus.
This report provides an in-depth analysis of the nitrites market in Belarus.
This report provides an in-depth analysis of the global potassium nitrate market.
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...
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...
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...
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...
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...
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...
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...
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...