1 SDIC Xinjiang Luobupo Potash Co., Ltd.
SDIC Xinjiang Luobupo Potash Co., Ltd. is a China-based producer of sulphate of potash (SOP) with a focus on agricultural fertilizers. The company’s product line covers potassium sulfate fertilizers as well as chlorine-free potash fertilizers, among others, serving the Asian market. As one of the major players in the SOP market, SDIC Xinjiang Luobupo Potash Co., Ltd. has a strong presence in the global SOP market, especially in Asia.
The main products of SDIC Xinjiang Luobupo Potash Co., Ltd. are 50KG packages of Potassium Sulphate Powder Crystals, which is a water-soluble potash fertilizer widely used in agriculture, especially in situations where soil fertility and crop yields need to be improved.
SDIC Xinjiang Luobupo Potash Co., Ltd. is expected to continue to expand its market share and enhance its market presence as the demand for efficient fertilizers grows globally.
Table SDIC Xinjiang Luobupo Potash Co., Ltd. Basic Information, Manufacturing Base
Item | Description | |
1 | Company Name | SDIC Xinjiang Luobupo Potash Co., Ltd. |
2 | Website | |
3 | Established Time | 2000 |
4 | Headquarters | China |
5 | Mainly in Asia | |
6 | Contact Information | Add: 68 Jianshe West Road Hami, 839000 China |
Table Sulphate of Potash (SOP) Product Introduction, Application and Specification
|
50KG potassium sulfate powder crystal |
In 2021, the company’s sulphate of potash production was 1,270 kilotons, an increase from 1,207 kilotons in 2020, indicating that the company expanded its production scale in that year. However, by 2022, production declined to 1,203 kilotons, which could be attributed to factors such as changes in market supply and demand due to the outbreak, fluctuations in raw material costs, or the company’s internal production adjustments. In 2023, production rebounded slightly to 1,253 kilotons, indicating the company’s efforts to maintain production stability and market availability.
In terms of price, the sulphate of potash price of SDIC Xinjiang Luobupo Potash Co., Ltd. increases from US$561.3 per tons in 2021 to US$608.7 per tons in 2022 and then decreases to US$593.6 per tons in 2023. This price volatility may reflect changes in demand for SOP in the global market, fluctuations in raw material costs, and the impact of the global economic environment, particularly in light of the impact of the COVID-19 outbreak on the global supply chain and uncertainty in the global economy.
From a revenue perspective, SDIC Xinjiang Luobupo Potash Co., Ltd.’s revenues are estimated to be USD 712.63 million in 2021, growing to USD 732.13 million in 2022 and further increasing to USD 743.73 million in 2023, indicating a year-on-year growth trend in the Company’s revenues. This may be attributed to the company’s efforts in maintaining and expanding its market share, improving pricing power of its products and optimizing its cost structure.
In terms of gross margin, SDIC Xinjiang Luobupo Potash Co., Ltd. has a gross margin of 27.55% in 2021, slightly decreasing to 24.03% in 2022, and rebounding to 25.46% in 2023. This change may be related to the company’s adjustments in cost control and market pricing strategies, as well as possible economies of scale and improved production efficiency.
Overall, SDIC Xinjiang Luobupo Potash Co., Ltd. has demonstrated a trend of revenue growth over the past three years, despite fluctuations in production volumes and gross margins. The Company has been able to adapt to market changes and maintain its competitiveness in the market by adjusting its production and pricing strategies. These figures reflect the Company’s adaptability and profitability in the sulphate of potash market and highlight its significant position in the global sulphate of potash market.
Table SDIC Xinjiang Luobupo Potash Co., Ltd. Sulphate of Potash (SOP) Production , Price, Revenue, Gross Margin (2018-2023)
SDIC Xinjiang Luobupo Potash Co., Ltd. | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Production (K Tons) | 1372 | 1301 | 1207 | 1270 | 1203 | 1253 |
Price (USD/Ton) | 559.6 | 570.3 | 508.7 | 561.3 | 608.7 | 593.6 |
Revenue (M USD) | 767.54 | 741.87 | 613.76 | 712.63 | 732.13 | 743.73 |
Gross (M USD) | 197.28 | 188.58 | 157.02 | 196.32 | 175.94 | 189.35 |
Gross Margin | 25.70% | 25.42% | 25.58% | 27.55% | 24.03% | 25.46% |
2 K+S Aktiengesellschaft
K+S Aktiengesellschaft is a German mineral company specializing in the research, production and marketing of specialty and standard fertilizers, plant care and salt products. The company extracts crude salts containing potassium, magnesium and sulfur from mineral deposits in Germany. K+S Aktiengesellschaft products are used in a variety of industries, including agriculture, chemicals, oil and gas drilling, pharmaceuticals, cosmetics, the food industry, animal feed, textiles and leather, plastics, glass, water softening and disinfection, and potable water treatment. The products and services offered by K+S Aktiengesellschaft also include pelletizing, recycling, disposal and reuse of waste salt mines, logistics, and the trading of different basic chemicals. In addition, K+S Aktiengesellschaft has further strengthened its presence in the global fertilizer market, particularly in the sub-Saharan region, through acquisitions and expansion activities, such as the acquisition of a 75% stake in the fertilizer business of Industrial Commodities Holdings in South Africa. K+S Aktiengesellschaft ‘s global presence and commitment to sustainable agriculture have made it a K+S Aktiengesellschaft ‘s global presence and commitment to sustainable agriculture make it a significant player in the global fertilizer industry.
Table K+S Aktiengesellschaft Basic Information, Manufacturing Base
Item | Description | |
1 | Company Name | K+S Aktiengesellschaft |
2 | Website | |
3 | Established Time | 1889 |
4 | Headquarters | Germany |
5 | Market Distribution | Worldwide |
6 | Contact Information | Tel: +49 561 9301 0 Add: Bertha-von-Suttner-Str. 7, 34131 Kassel, Germany |
Table Sulphate of Potash (SOP) Product Introduction, Application and Specification
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KALISOP® fine KALISOP fine is a highly concentrated compound fertilizer with potassium and sulfur.
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In 2021, K+S Aktiengesellschaft produces 540 kilotons of sulphate of potash, while in 2022, production drops to 515 kilotons, however, production picks up slightly to 527 kilotons in 2023.
At the price level, K+S Aktiengesellschaft’s sulphate of potash price climbs from $745.8 per tons in 2021 to $825.3 per tons in 2022, before declining slightly to $798.7 per tons in 2023. This price volatility may map the dynamics of supply and demand conditions in the global market, swinging raw material costs, and fluctuations in the macroeconomic environment.
From a revenue perspective, K+S Aktiengesellschaft’s revenues amount to USD 403.03 million in 2021, then increase to USD 424.92 million in 2022, before decreasing slightly to USD 421.15 million in 2023. Despite the decline in production, the increase in revenue could be attributed to the increase in product prices or positive growth in other business segments.
In terms of gross margin, K+S Aktiengesellschaft’s gross margin is 26.45% in 2021, decreases to 22.24% in 2022, and then rises again to 23.84% in 2023.
Table K+S Aktiengesellschaft Sulphate of Potash (SOP) Production , Price, Revenue, Gross Margin (2018-2023)
K+S Aktiengesellschaft | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Production (K Tons) | 641 | 610 | 562 | 540 | 515 | 527 |
Price (USD/Ton) | 722.4 | 739.4 | 689.9 | 745.8 | 825.3 | 798.7 |
Revenue (M USD) | 463.17 | 451.08 | 387.72 | 403.03 | 424.92 | 421.15 |
Gross (M USD) | 114.15 | 109.58 | 95.36 | 106.62 | 94.48 | 100.39 |
Gross Margin | 24.65% | 24.29% | 24.60% | 26.45% | 22.24% | 23.84% |
3 Compass Minerals
Compass Minerals is a global supplier and producer of minerals with a product line that includes salts, crop micronutrients, specialty blended fertilizers, potassium sulfate and magnesium chloride. The company not only mines, produces, processes, distributes and markets sodium chloride and magnesium chloride in North America and the U.K., but is also involved in industrial, agricultural, commercial and consumer markets. Compass Minerals’ products are used in a wide range of applications such as road de-icing, water treatment, personal care, plant nutrition and animal nutrition. As a significant producer of sulphate of potash, Compass Minerals provides agriculture with a dual source of high potassium and sulfate nutrients through products such as its Protassium+®, which are virtually chlorine-free and have a low salt index, improving agricultural yields through sustainable processes. In addition, through its global distribution network, the Company is able to bring products such as potassium sulfate to international markets to serve a broader customer base. Compass Minerals’ business is not limited to the fertilizer industry, but extends to a variety of sectors, including chemicals and pharmaceuticals, reflecting its diversification and global reach in the specialty minerals arena.
Table Compass Minerals Basic Information, Manufacturing Base
Item | Description | |
1 | Company Name | Compass Minerals |
2 | Website | |
3 | Established Time | 1993 |
4 | Headquarters | USA |
5 | Market Distribution | Worldwide |
6 | Contact Information | Tel: 913.344.9200 Add: 9900 W. 109th Street, Overland Park, Kansas 66210 |
Table Sulphate of Potash (SOP) Product Introduction, Application and Specification
PROTASSIUM+® |
Protassium+® is a dual nutrient source that delivers high potassium and sulfate sulfur with virtually no chloride and low salt index. Through sustainable processes, this premium potassium source improves agricultural yields. |
In 2021, the company’s sulphate of potash production was 229 kilotons, while in 2022 this figure rises significantly to 287 kilotons, and in 2023 the production reaches 296 kilotons.
In terms of price, Compass Minerals’ sulphate of potash price increases from $703.2 per tons in 2021 to $797.8 per tons in 2022 before decreasing slightly to $774.2 per tons in 2023.
In terms of revenues, Compass Minerals realized revenues of $161.30 million in 2021, which grew to $228.70 million in 2022 and slightly to $229.51 million in 2023. The increase in revenue may reflect price increases and the company’s success in positioning itself in the market.
In terms of gross margin, Compass Minerals has a gross margin of 25.11% in 2021, decreasing to 21.23% in 2022, and rebounding to 22.76% in 2023.
Table Compass Minerals Sulphate of Potash (SOP) Production , Price, Revenue, Gross Margin (2018-2023)
Compass Minerals | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Production (K Tons) | 783 | 734 | 827 | 229 | 287 | 296 |
Price (USD/Ton) | 688.2 | 696.3 | 625.8 | 703.2 | 797.8 | 774.2 |
Revenue (M USD) | 539.00 | 511.20 | 517.80 | 161.30 | 228.70 | 229.51 |
Gross (M USD) | 125.67 | 116.74 | 118.39 | 40.51 | 48.55 | 52.25 |
Gross Margin | 23.31% | 22.84% | 22.86% | 25.11% | 21.23% | 22.76% |
