The global export share of potassium carbonates is led by South Korea, Germany, and Russia, with notable increases from South Korea and Russia in 2023. China and Italy also showed positive growth, whereas the United States saw a decline. Emerging countries like Thailand and Spain experienced decreases, while the United Kingdom showed significant growth. Eastern European countries, such as Poland and Latvia, also displayed notable increases.
Future Trends to Watch:
- Expect continued growth in Asia, particularly from China and South Korea, driven by industrial demands.- Watch for potential recovery in traditionally strong markets like the United States.- Increasing activity from emerging markets might shift market dynamics further.
Top countries in Export of Potassium Carbonates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 32.3 | 2023 | +1.76% | +2% | View data |
| 2 | 2 Germany | 17.29 | 2023 | -0.33% | -1.09% | View data |
| 3 | 3 Russia | 13.42 | 2023 | +2.59% | +2.03% | View data |
| 4 | 4 Ireland | 8.55 | 2023 | +6.26% | +1.26% | View data |
| 5 | 5 China | 8.23 | 2023 | +2.86% | +3.27% | View data |
| 6 | 6 Italy | 8.23 | 2023 | +2.13% | +1.91% | View data |
| 7 | 7 United States | 6.99 | 2023 | -2.49% | -3.35% | View data |
| 8 | 8 Spain | 2.99 | 2023 | +1.7% | -0.29% | View data |
| 9 | 9 Thailand | 2.55 | 2023 | -1.96% | -4.65% | View data |
| 10 | 10 Ivory Coast | 1.84 | 2023 | +2.69% | +1.11% | View data |