View monthly updates and historical trends for Potassium Chloride (Muriate of Potash) Spot Price. Source: World Bank. Track economic data with YCharts ana…

The price of potassium chloride fertilizer reached a 13-year high in 2022 at 863 U.S. dollars per metric ton, potentially as a result of the increased demand and global supply chain concerns related to the Russia-Ukraine conflict. However, this declined in 2023 to a price of 383 U.S. dollars per metric ton. It was predicted to decrease further, to around 290 U.S. dollars per metric ton by 2025.

Potassium chloride prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 161.55 USD per metric ton with a minimum of 22 USD per metric ton in January 1969 and a maximum of 1202 USD per metric ton in April 2022. | TheGlobalEconomy.com

In Q3 2025, North America Potassium Chloride Price Index fell by 5.64% quarter-over-quarter, overall seasonal weakness. Check detailed insights for Europe MEA and APAC.

View monthly updates and historical trends for Potassium Chloride Spot Price. Source: International Monetary Fund. Track economic data with YCharts analyt…

Explore the factors influencing potassium chloride prices, including geographic location, market demand, supply chain disruptions, and product purity. Key insights into its critical role in agriculture and industrial applications are provided to help buyers make informed purchasing decisions.

Explore the dynamics influencing potassium chloride prices in 2023, including geographic variability, economic factors, and demand supply conditions. Understand how these elements impact agricultural sectors worldwide and the shift towards sustainable solutions.

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The Potassium Chloride Market study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of 11 million MT and CAGR of 3% by segment Application and Geography during the forecast period 2019 to 2024

Furthermore, this report extensively covers the smart home appliances market segmentation by application (fertilizer, industrial, pharmaceutical, and others) and geography (APAC, North America, South America, Europe, and MEA). The market report also offers information on several market vendors, including Arab Potash Co., CF Industries Holdings Inc., Intrepid Potash Inc., Israel Chemicals Ltd., JSC Uralkali, Nutrien Ltd., Sinofert Holding Ltd., Sociedad Quimica y Minera de Chile SA, The Mosaic Co., and Yara International ASA

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Parent Market Analysis

Technavio categorizes the Potassium Chloride Market as a part of the Materials industry within the Chemicals industry. Our Technavio research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.

Potassium Chloride Market: Key Drivers, Trends, and Challenges

Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the potassium chloride industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Potassium Chloride Market Driver

One of the key factors driving growth in the market is the increasing demand for potassium chloride from the fertilizer industry. The global population is on the rise, and it is expected to reach 9.7 billion by 2050. The land available for cultivation has decreased tremendously over the past years, and now, in 2018, the arable land available to produce crops decreased by 46% compared with 1961. There has been an increase in global per capita income, which has led to a rise in the demand for foods and beverages. This growing need for nourishment has led to a surge in the use of potassium chloride as a fertilizer to increase the productivity of crops. There is a growth in the per capita income in developing countries like China, India, and Brazil, which will increase the use of fertilizers in the crops for better quality and quantity. In 2018, the revenue generated from the fertilizer industry was around USD 180- USD 190 billion. On average, the fertilizer industry is anticipated to invest in 150 new production units during the forecast period and will contribute more than USD 120 billion in the expansion process. High demand for food products has resulted in the extended use of fertilizers and new methods for the enhanced productivity of crops on the existing arable lands. Thus, the rise in the use of fertilizers will, in turn, increase the use of potassium chloride in the fertilizer segment during the forecast period.

Key Potassium Chloride Market Challenge

The fluctuating raw material prices will be a major challenge for the market during the forecast period. Some of the factors that led to the decline in prices are weak demand for imports, excess supply, and high stocks. In July 2020, potassium chloride prices decreased by 23.73% from August 2019 due to the low crop prices, low profitability, and weak currency exchange rates of importing countries. The demand for potash became weak because farmers have the option to defer the use of potassium chloride without having much quality and yield loss. However, Russia and Canada have new greenfield projects, which are expected to increase the supply of fertilizers in the coming years. The fluctuating prices of potash in the fertilizer industry have undesirable impacts on the global market as more than 80% of the total revenue of potassium chloride comes from the fertilizer industry. In addition, a continuous supply of raw materials could also be affected by adverse weather conditions, national emergencies, natural disasters, supply shortages, and other events. Thus, price fluctuations and the non-availability of raw materials are expected to interrupt the operations of the vendors in the market during the forecast period.

Potassium Chloride Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Who are the Major Potassium Chloride Market Ven

Get the latest insights on price movement and trend analysis of Potassium Chlorate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The Market was valued at USD 13,961.7 Million in 2025 and expected to reach USD 18,946.4 Million by 2035, at a CAGR of 3.1% throughout the forecast period. In addition, the market is expected to exhibit growth during the forecast year due to key aspects such as the evolving sustainable methods of potash extraction and the steadily growing investments in precision agriculture.

Metric	Value
Market Size in 2025	USD 13,961.7 Million
Projected Market Size in 2035	USD 18,946.4 Million
CAGR (2025 to 2035)	3.1%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	3.2%

Country	CAGR (2025 to 2035)
UK	3.0%

Country	CAGR (2025 to 2035)
EU	3.1%

Country	CAGR (2025 to 2035)
Japan	3.1%

Country	CAGR (2025 to 2035)
South Korea	3.2%

Competitive Outlook

Company Name	Estimated Market Share (%)
Nutrien Ltd.	18-22%
The Mosaic Company	14-18%
K+S Aktiengesellschaft	12-16%
Uralkali PJSC	8-12%
Israel Chemicals Ltd. (ICL)	6-10%
Other Potassium Chloride Suppliers (combined)	30-40%

Russia Average Purchasing Price: Agriculture: Potassium Chloride data was reported at 14,698.000 RUB/Ton in Nov 2015. This records a decrease from the previous number of 15,089.000 RUB/Ton for Oct 2015. Russia Average Purchasing Price: Agriculture: Potassium Chloride data is updated monthly, averaging 8,876.020 RUB/Ton from Sep 2005 (Median) to Nov 2015, with 123 observations. The data reached an all-time high of 15,201.420 RUB/Ton in Jun 2015 and a record low of 3,876.920 RUB/Ton in May 2007. Russia Average Purchasing Price: Agriculture: Potassium Chloride data remains active status in CEIC and is reported by Specialized Center of Accounting in the Agricultural Sector. The data is categorized under Russia Premium Database’s Agriculture Sector – Table RU.RIJ006: Average Purchasing Price for Agricultural Enterprises: Energy, Fertilizers, Pesticides.

Discover the latest insights into the booming Potassium Chloride market, projected to reach $XX million by 2033 with a 3% CAGR. This comprehensive analysis explores market drivers, trends, restraints, leading companies, and regional growth, providing valuable data for strategic decision-making.

Potassium Chloride market size is projected to reach USD 25.01 Bn by 2034 registering a CAGR of 4.9%. Growing demand for potassium chloride in fertilizer industries, laboratory chemicals, water treatment process and healthcare procedures is driving the market

In 2024, the Iranian potassium chloride (MOP) market increased by 81% to $19M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption saw significant growth. Potassium chloride (MOP) consumption peaked at $33M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

The global industrial grade potassium chloride market is experiencing steady growth, with a market size of $1329.4 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 4.1% from 2025 to 2033. This growth is fueled by increasing demand from various industries, primarily agriculture, where potassium chloride serves as a crucial potassium fertilizer. The rising global population and the consequent need for enhanced food production are significant drivers. Furthermore, the chemical industry utilizes potassium chloride in numerous applications, including the production of chemicals, pharmaceuticals, and other industrial products. While challenges exist, such as price volatility related to raw material costs and geopolitical factors impacting supply chains, the overall market outlook remains positive. Major players like K+S, Mosaic, and ICL are actively shaping the market through technological advancements, strategic partnerships, and expansion into new geographical regions. Competition is robust, with both established multinational corporations and regional players vying for market share. The market is expected to see continued consolidation as companies seek economies of scale and access to wider distribution networks. Further growth will be influenced by advancements in fertilizer technology, increasing awareness of sustainable agricultural practices, and the evolving regulatory landscape surrounding fertilizer usage. The forecast period of 2025-2033 signifies a period of sustained expansion for the industrial grade potassium chloride market. This growth trajectory is projected to be influenced by factors such as government initiatives promoting agricultural modernization and food security in developing nations. Innovation in fertilizer application technologies and the development of more efficient and sustainable potassium chloride-based products will also contribute to market expansion. However, potential restraints include environmental concerns related to fertilizer runoff and the development of alternative potassium sources that could impact market share. Regional variations in growth are anticipated, with regions experiencing strong agricultural growth likely to exhibit the highest demand. Companies are focusing on optimizing their production processes, improving product quality, and exploring new market segments to maintain a competitive edge. The long-term outlook is positive, with continued growth expected throughout the forecast period driven by the unwavering demand from the agricultural sector and other industrial applications.

The global Potassium Chloride market has expanded to reach approximately 70 million tonnes in 2024 and is expected to grow at an impressive CAGR of 3.42% during the forecast period until 2035.

As per Cognitive Market Research's latest published report, the Global Potassium Chloride market size was $12.56 Billion in 2021 and it is forecasted to reach $19.44 Billion by 2029. Potassium Chloride Industry's Compound Annual Growth Rate will be 5.98% from 2023 to 2030. Market Dynamics of the Potassium Chloride.

Increasing adoption of potassium chloride in fertilizers is the major driving factor for the growth of the KCl market. Potassium is the third main crop nutrient after nitrogen and phosphorus. According to, International Potash Institute, both K and Cl are the main ions involved in the neutralization of charges, and the important inorganic osmotic active substances in plant cells and tissues. The use of KCL in the healthcare sector is also fuelling the growth of the market. According to the National Library of Medicine, Potassium chloride is a medication used in the management and treatment of hypokalemia. https://www.ncbi.nlm.nih.gov/books/NBK557785/ Increasing demand for potassium chloride from the oil & gas industry and food industry are additional factors expected to drive the growth of the global potassium chloride market to a significant extent over the estimated period. However, fluctuating prices of potassium chloride and health issues generated by the use of chemical fertilizers can hinder the growth of the KCL market.

Market Trends: The use of potassium chloride in hydroponics and in feedstock raw materials is anticipated to propel the growth of the market. Potassium is a cation and plays a role in cation exchange capacity helping to protect anion and cation balance and directly affecting important variables in root zone management for hydroponic systems such as pH, osmotic pressure, and electrical conductivity. Further, Potassium Chloride is a source of highly available potassium (K) and chloride (Cl) that will help to meet animal and poultry requirements for these essential nutrients.

Defination of Potassium Chloride

Potassium chloride is an odorless potassium salt and is a widely used reagent in biochemistry and molecular biology. It is a component of phosphate-buffered saline and of polymerase chain reaction (PCR) buffer. It is used as a fertilizer, in medicine, in scientific applications, in domestic water softeners (as a substitute for sodium chloride salt), and in food processing, where it may be known as E508 (gelling agent). The majority of the potassium chloride produced is used for making fertilizer, called potash.KCl is also used in studies of ion transport and potassium channels. It is recommended for the treatment and prophylaxis of hypokalemia with or without metabolic alkalosis. KCl is also utilized in the solubilization, extraction, purification, and crystallization of proteins.

Ecuador Fertilizer Price: Fertilizers: Potassium Chloride data was reported at 27.737 USD/50 kg in Dec 2024. This records a decrease from the previous number of 28.658 USD/50 kg for Nov 2024. Ecuador Fertilizer Price: Fertilizers: Potassium Chloride data is updated monthly, averaging 27.265 USD/50 kg from Jan 2013 (Median) to Dec 2024, with 144 observations. The data reached an all-time high of 60.158 USD/50 kg in Sep 2022 and a record low of 19.976 USD/50 kg in Oct 2017. Ecuador Fertilizer Price: Fertilizers: Potassium Chloride data remains active status in CEIC and is reported by Ministry of Agriculture and Livestock. The data is categorized under Global Database’s Ecuador – Table EC.RI003: Agrochemicals and Fertilizers Price.

In February 2025, one metric ton of muriate of potash (MOP), also known as potassium chloride, cost *** U.S. dollars. In April 2022, the price of MOP hit a high of ***** U.S. dollars per metric ton.

After two years of decline, purchases abroad of potassium chloride (MOP) increased by 626% to 103K tons in 2023.