In 2023, Belgium led European exports of Potassium Sulphate with 324.42 million kg. This was a 5.67% year-on-year increase. Sweden and the Netherlands grew by 9.74% and 11.07% respectively, while Austria saw a 5.4% rise. Southern European nations, such as Italy and Spain, experienced declines in exports, with Spain down by 7.34%. Rapid growth was noted in Denmark (45.01%) and Bulgaria (61.76%), while Ireland saw a 10.26% decline. Explores long-term trends over five years, compounded annual growth rates show significant market shifts across Europe.
Future trends to watch include sustainability pressures in agriculture and shifting trade dynamics due to geopolitical factors. Increased uptake of smart farming could drive demand in traditionally lower-export countries. Monitoring these trends will be essential for stakeholders to anticipate market changes.
Top countries in Export of Potassium Sulphate by Country
| # | 10 Countries | Kilograms of Potassium Oxide | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 324,420,000 | 2023 | +50.48% | +5.67% | View data |
| 2 | 2 Sweden | 88,096,000 | 2023 | +6.4% | +9.74% | View data |
| 3 | 3 Netherlands | 18,563,000 | 2023 | +12.98% | +11.07% | View data |
| 4 | 4 Austria | 13,378,000 | 2023 | +3.26% | +5.4% | View data |
| 5 | 5 Italy | 3,964,400 | 2023 | -0.23% | -3.65% | View data |
| 6 | 6 Portugal | 2,594,100 | 2023 | +5.59% | +8.14% | View data |
| 7 | 7 Spain | 2,505,200 | 2023 | -11.61% | -7.34% | View data |
| 8 | 8 United Kingdom | 2,074,700 | 2023 | +5.98% | +7.82% | View data |
| 9 | 9 Denmark | 2,046,500 | 2023 | +38.49% | +45.01% | View data |
| 10 | 10 France | 1,653,300 | 2023 | +3.3% | +5.97% | View data |
