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, it was predicted to decrease to around 425 U.S. dollars per metric ton by 2024 however further international sanctions on one a major global supplier, the Belarus Potash Company, and limited exports from Canada are expected to contribute to a prolonged price increase in the global market.
Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024
(in U.S. dollars per metric ton)
* Forecast.
All figures are nominal U.S. dollars.
Figures were restated in the 2022 edition of the report.
This statistic was assembled using several editions of the report.
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World Bank. (April 27, 2023). Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/
World Bank. "Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton)." Chart. April 27, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/
World Bank. (2023). Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/
World Bank. "Price for Potassium Chloride from 2015 to 2022 with a Forecast for 2023 and 2024 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 27 Apr 2023, https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/
World Bank, Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/ (last visited June 18, 2024)
Price for potassium chloride from 2015 to 2022 with a forecast for 2023 and 2024 (in U.S. dollars per metric ton) [Graph], World Bank, April 27, 2023. [Online]. Available: https://www.statista.com/statistics/469705/potassium-chloride-price-forecast/