Potassium nitrate market in Poland

Earlier Report Observations

The Polish potassium nitrate market experienced notable shifts between 2018 and 2024. A nearly 10% rise in global potassium nitrate production in 2018 likely enhanced raw material availability and influenced prices for the Polish market in the following years. This period saw market volume reach 9 556 t in 2019, dip to 6 748 t in 2020, and recover to 9 183 t in 2021, while the market's value grew from $13.3 million to $14.6 million over the same span.

Market volume continued its upward trajectory, climbing to 9 853 t in 2022 as imports surged. By 2024, volume had expanded sharply to 15 258 t, though the market's value receded to $15.6 million. This growth in physical volume coincided with a 1.6% increase in global production from 2022 levels and rising worldwide consumption, which bolstered demand and supply availability in Poland, potentially exerting downward pressure on prices.

Production potassium nitrate in Poland

In value, 2017-2020, K $ US

In 2020, Poland's potassium nitrate output was valued at 9 933 thousand US dollars, marking a modest increase of 4.9% compared to the previous year.

Annual dynamics of production in Poland in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Poland produced 1 855 tonnes of potassium nitrate, representing a slight rise of 5.5% from the year before.

Annual dynamics of production in Poland in kind, 2017-2020, t

Exports potassium nitrate from Poland

Exports in kind, t

Poland's potassium nitrate exports grew for the third year in a row. In 2020, shipments reached 7 259 tonnes, up by 26.5% from 2019. Between 2017 and 2020, exports surged by 78.9%, averaging an annual growth rate of 21.4%.

Annual dynamics of product's exports from Poland in kind, 2017-2020, t

From 2017 to 2020, Germany, Ukraine, and Italy were the top destinations for Poland's potassium nitrate exports by volume. Germany accounted for 37.1% of exports, Ukraine for 27.5%, and Italy for 7.0%, together making up 71.6% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Poland in kind, 2017-2020

Exports in value, K $ US

Poland's potassium nitrate export value increased for the third consecutive year. In 2020, exports totaled 7 679 thousand US dollars, showing a solid gain of 19.7% over 2019. Over the 2017-2020 period, export value rose by 73.7%, with a compound annual growth rate of 20.2%.

Annual dynamics of product's exports from Poland in value, 2017-2020, K $ US

Between 2017 and 2020, Germany, Ukraine, and Spain led Poland's potassium nitrate export value. Germany held 37.8% of exports by value, Ukraine 24.1%, and Spain 6.9%, collectively representing 68.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Poland in value, 2017-2020

Imports potassium nitrate to Poland

Imports in kind, t

Poland's potassium nitrate import volumes fell for the second straight year. In 2020, imports amounted to 12 152 tonnes, a significant drop of 10.2% year-on-year. Over 2017-2020, imports grew by 34.2%, averaging 10.3% annually. The peak was in 2018 at 14 970 tonnes, with the largest increase of 65.4% also occurring that year.

Annual dynamics of product's imports to Poland in kind, 2017-2020, t

From 2017 to 2020, Poland's potassium nitrate imports by volume were highly diversified. Germany, Russia, and Jordan were the main sources, with Germany at 19.4%, Russia at 17.8%, and Jordan at 12.3% of imports, together accounting for 49.5% of total flows. The remaining 50.5% was spread across numerous smaller partners.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Poland in kind, 2017-2020

Imports in value, K $ US

After two years of growth, Poland's potassium nitrate import value declined. In 2020, imports reached 9 898 thousand US dollars, a slight decrease of 3.8% from the previous year. Over 2017-2020, import value increased by 26.6%, with an average annual rate of 8.2%. The highest value was recorded in 2019 at 10 292 thousand US dollars, and the largest rise of 28.5% occurred in 2018.

Annual dynamics of product's imports to Poland in value, 2017-2020, K $ US

During 2017-2020, Poland's potassium nitrate imports by value were relatively evenly distributed. Russia, Jordan, and Denmark were the top sources, with Russia at 21.3%, Jordan at 13.3%, and Denmark at 11.6% of imports, jointly making up 46.2% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Poland in value, 2017-2020