Central Asia: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Central Asia

The Central Asian potassium chloride (MOP) market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Potassium Chloride (Mop) Production in Central Asia

In value terms, potassium chloride (MOP) production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Potassium Chloride (Mop) Exports

Exports in Central Asia

After two years of growth, shipments abroad of potassium chloride (MOP) decreased by X% to X tons in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, potassium chloride (MOP) exports soared to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Uzbekistan represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. Turkmenistan (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (X%).

From 2012 to 2022, average annual rates of growth with regard to potassium chloride (MOP) exports from Uzbekistan stood at X%. At the same time, Turkmenistan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Turkmenistan increased by X and X percentage points, respectively.

In value terms, Uzbekistan ($X) remains the largest potassium chloride (MOP) supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Uzbekistan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, saw a noticeable descent. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Potassium Chloride (Mop) Imports

Imports in Central Asia

In 2022, purchases abroad of potassium chloride (MOP) increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a perceptible descent. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, potassium chloride (MOP) imports soared to $X in 2022. Overall, imports, however, recorded a pronounced contraction. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. The following importers - Turkmenistan (X tons) and Uzbekistan (X tons) - together made up X% of total imports.

Kazakhstan experienced a relatively flat trend pattern with regard to volume of imports of potassium chloride (MOP). Uzbekistan (X%) and Turkmenistan (X%) illustrated a downward trend over the same period. While the share of Kazakhstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkmenistan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) constitutes the largest market for imported potassium chloride (MOP) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan was relatively modest. In the other countries, the average annual rates were as follows: Turkmenistan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. 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 destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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