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 (MOP) prices in North America followed an inclining trend throughout Q1 2025, driven by a combination of rising import costs, geopolitical trade uncertainties, and steady agricultural demand. In January, prices rose amid growing speculation about a potential 25% tariff on Canadian potash, the region’s primary supply source. This anticipation led to early-season pre-buying and supply caution. February saw a continuation of this trend, as market participants responded to Nutrien’s price adjustments and stable demand from early fertilizer applications.

Potassium chloride prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 160.56 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

The North American Potassium Carbonate market registered a 7.2% quarter-on-quarter price increase in Q1 2025, driven by higher input costs and steady fertilizer demand. Early in the quarter, elevated European production costs—impacting U.S. import prices—led domestic suppliers to adjust rates upward. Strong pre-season demand from downstream fertilizer sectors, fuelled by fill program announcements from major players like Nutrien and Mosaic, further supported this pricing momentum. Trade uncertainties also encouraged early stockpiling, tightening market availability.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Potassium and Sodium Compounds, Excluding Bleaches, Alkalies, and Alum (WPU06130217) from Jun 2001 to May 2025 about chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

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

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

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).

Explore the diverse applications and various factors affecting the pricing of potassium hydroxide, from market demand and regional economic conditions to sustainability trends and geopolitical influences.

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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

Download the Report Sample to Unlock the Smart Room Heater Market Size for the Forecast Period and Other Important Statistics

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 Ch

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.

China Retail Price: Agri Material: Potassium Chloride, Potassium Oxide 60%: Domestic Made data was reported at 2.840 RMB/kg in Mar 2019. This records an increase from the previous number of 2.350 RMB/kg for Aug 2018. China Retail Price: Agri Material: Potassium Chloride, Potassium Oxide 60%: Domestic Made data is updated monthly, averaging 3.070 RMB/kg from Jan 2007 (Median) to Mar 2019, with 141 observations. The data reached an all-time high of 3.790 RMB/kg in Oct 2008 and a record low of 1.930 RMB/kg in Feb 2007. China Retail Price: Agri Material: Potassium Chloride, Potassium Oxide 60%: Domestic Made data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Retail Price: Agricultural Material.

The global market of potassium formate was valued at around 600 million U.S. dollars in 2018, and it is expected to increase to approximately 839.3 million U.S. dollars by 2027. Potassium formate is the potassium salt of formic acid. It has several industrial applications, such as in fertilizers, de-icing, and as a heat transfer fluid.

In Q1 2025, Potassium Nitrate prices in North America followed a mixed trend, with both upward and downward movements observed throughout the quarter. Early in the year, strong demand from the agricultural sector, driven by preparations for the spring planting season, created upward pressure on prices. Farmers and distributors replenished stocks, anticipating increased planting of crops like corn and soybeans, which fueled fertilizer demand. Additionally, ongoing supply chain disruptions, including transportation bottlenecks and raw material shortages, added to the upward price momentum.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium and Sodium Compounds, Excluding Bleaches was 444.14900 Index Jun 2001=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium and Sodium Compounds, Excluding Bleaches reached a record high of 483.63500 in April of 2023 and a record low of 95.90000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium and Sodium Compounds, Excluding Bleaches - last updated from the United States Federal Reserve on July of 2025.

Learn about the factors that can influence the price of potassium chloride fertilizer, such as the source, location of purchase, quantity, and market conditions. Discover how natural and synthetic sources can affect the price, and how transportation costs and buying in bulk can impact the cost per ton. Understand the role of supply and demand dynamics in determining fertilizer prices, and find out where to obtain accurate pricing information for potassium chloride fertilizer.

The global potassium chlorate market is estimated to grow during the forecast period 2025-2034 at a CAGR of 5.00%. The potassium chlorate market is driven by the increasing demand for wood pulp to manufacture paper and paperboard.

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.

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