France: Potassium Sulphate (Sop) Market 2024

Potassium Sulphate (Sop) Market Size in France

After four years of growth, the French potassium sulphate (SOP) market decreased by X% to $X in 2023. Over the period under review, the total consumption indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2022, and then declined sharply in the following year.

Potassium Sulphate (Sop) Exports

Exports from France

In 2023, the amount of potassium sulphate (SOP) exported from France declined notably to X tons, reducing by X% against 2022. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, potassium sulphate (SOP) exports shrank notably to $X in 2023. In general, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for potassium sulphate (SOP) exports from France, accounting for a X% share of total exports. Moreover, potassium sulphate (SOP) exports to Spain exceeded the volume sent to the second major destination, Switzerland (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Germany (X% per year).

In value terms, Spain ($X), Switzerland ($X) and Germany ($X) were the largest markets for potassium sulphate (SOP) exported from France worldwide, together comprising X% of total exports. The Netherlands, Italy and Belgium lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average potassium sulphate (SOP) export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Spain ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Potassium Sulphate (Sop) Imports

Imports into France

In 2023, overseas purchases of potassium sulphate (SOP) decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, imports showed a slight decline. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, potassium sulphate (SOP) imports shrank remarkably to $X in 2023. Over the period under review, imports, however, saw a mild increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then shrank markedly in the following year.

Imports by Country

Germany (X tons), Belgium (X tons) and Spain (X tons) were the main suppliers of potassium sulphate (SOP) imports to France, together comprising X% of total imports. The UK and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and the UK ($X) were the largest potassium sulphate (SOP) suppliers to France, with a combined X% share of total imports.

Among the main suppliers, the UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potassium sulphate (SOP) import price stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform