Hebei Woldi Trading Co.,LTD

Hebei Woldi Trading Co.,LTD

Potassium chloride imports hit an annual high in a single month, and exports increased 62.54% month on month; Potassium sulfate export increased 71.98% month on month

2023 07/21

Compound Fertilizer, Monoammonium Phosphate, Potassium Chloride, Potassium Sulfate

According to the latest customs data, in June 2023, China's import of Potassium chloride was 1.047 million tons, a month on month increase of 58.83%, and the average import price was $423.24 per ton. From January to June 2023, the total import volume was 5.2186 million tons, a year-on-year increase of 28.54%.



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In June, the bulk contract of potassium shipping was signed. Although Belarus and Russia did not follow the signing of the bulk contract, the import volume increased significantly, and most of the goods entered the domestic bonded area. The overall supply was at a high level, whether in the bonded area of the port or the bonded area of the Trans-Eurasia Logistics platform.



Statistics of imported Potassium chloride by country from January to June 2023 (unit: 10000 tons)



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In the import data for the first half of 2023, it can be seen that the largest import volume is still Belarusian potassium fertilizer, with a total import volume of 1.9706 million tons from January to June; The second ranked country is Russia, with a total import volume of 1.1327 million tons; Of note is Laos' potassium fertilizer, which ranked third in total import volume from January to June, reaching 713400 tons. However, in 2022, Laos' import volume was only 607000 tons, and the import volume in the first half of 2023 increased by 17.53% compared to the total import volume in 2022.



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In terms of border trade import volume, in June, the border trade import volume reached 76700 tons, with an average import price of 3.2982 million tons. Compared with the import volume in June 2022, the year-on-year decrease was 53.99%, while the total import volume of border trade from January to June 2023 reached 559000 tons. In June, Trans-Eurasia Logistics still had some goods arriving, but some of them entered the bonded area, and the subsequent arrival will gradually decrease.



In June 2023, China's exports of Potassium chloride will be 44200 tons, an increase of 62.54% month on month. From January to June 2023, China's total exports of Potassium chloride will be 137600 tons, an increase of 2994.23% year on year.



Export data of Potassium chloride in June 2023 by the place of receipt and shipment



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Potassium chloride export data in June 2023 according to production and marketing countries



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In June 2023, China's imports of Potassium sulfate will be 3787.85 tons, an increase of 254.77% month on month. From January to June 2023, China's total imports of Potassium sulfate will be 15700 tons, a year-on-year decrease of 5.76%.



Import data of Potassium sulfate in June according to production and marketing countries



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In June, China's Potassium sulfate export volume was 13600 tons, up 71.98% month on month. From January to June 2023, China's Potassium sulfate export volume was 54900 tons, down 5.17% year on year.



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Statistics of Potassium sulfate export data in June by the place of receipt and shipment



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Export data of Potassium sulfate in June according to production and marketing countries



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Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate