Potassium Nitrate Price Trend and Forecast

Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

potassium nitrate Price Trends by Country

aeUnited Arab Emirates
myMalaysia
inIndia
cnChina

Global potassium nitrate Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Potassium Nitrate (KNO₃) across top trading regions:

Potassium Nitrate Regional Coverage Potassium Nitrate Grade and Country Coverage Potassium Nitrate (KNO₃) Pricing Data Coverage Explanation
Asia Potassium Nitrate (KNO₃) Pricing Analysis Purity: 99.4% Potassium Nitrate FOB Prices at Qingdao Port, China Weekly Price Update on Potassium Nitrate (KNO₃) Real-Time Export Prices from Qingdao Port, China to Global Markets
Purity: 99.4% Potassium Nitrate CFR Prices at Nhava Sheva Port, West India, India, Importing from China Weekly Price Update on Potassium (KNO₃) Nitrate Real-Time Import Prices at Nhava Sheva Port, West India, India from China
Purity: 99.4% Potassium Nitrate CFR Prices at Kelang Port, Malaysia, Importing from China Weekly Price Update on Potassium Nitrate (KNO₃) Real-Time Import Prices at Kelang Port, Malaysia from China
Middle East Potassium (KNO₃) Nitrate Pricing Analysis Purity: 99.4% Potassium Nitrate CFR Prices at Jebel Ali Port, United Arab Emirates, Importing from China Weekly Price Update on Potassium Nitrate (KNO₃) Real-Time Import Prices at Jebel Ali Port, United Arab Emirates from China


Note:
In assessments structured as CFR [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Potassium Nitrate Price Trend Q1 2026

Potassium Nitrate’s market recorded an appreciable rise in Q1 2026 by approximately 12% in comparison to the last quarter owing to escalated geopolitical tensions arising from the US-Israel-Iran dispute in March 2026 that led to disruptions in international trade flows, causing increased exports.

Demand from agriculture is stable, bolstered by pre-sowing operations, whereas industrial sectors such as preservation of foods and fireworks maintained steady consumption rates. Domestic consumption strengthened along with export inquiries as the purchases are accelerated amid uncertain supplies.

Feedstock availability strengthened throughout Q1 2026 with an increase in potassium chloride and nitric acid feedstock costs amid higher energy costs. Supply is moderate as producers acted cautiously amid logistical difficulties.

Availability for export has been tight, thereby supporting the bulls in the market. Prices of Potassium Nitrate appreciated by around 5% in March 2026 because of escalating geopolitical tensions between the US and Israel against Iran.

India: Potassium Nitrate Imported prices Nhava Sheva, India; Grade- Purity: 99.4% Potassium Nitrate

According to Price-Watch™, the Potassium Nitrate price in India in Q1 2026 registered an around 14% uptick in comparison with the prior quarter, largely owing to good agricultural demand and tightness in the supply scenario.

Potassium Nitrate price trend in India continued to be healthy on account of the prior sowing activities and the rise in consumption of efficient fertilizers.

The industrial applications of the product helped to maintain healthy off-take volumes within the local market. Consumption picked up with buyers stepping up purchases of the reduced availability of the commodity.

Feedstock conditions are supportive within the quarter, with the increase in prices of potassium chloride and nitric acid in view of the surge in energy costs and tight supplies at the upstream end. Supply remained tight with steady domestic production and growing dependency on imports.

Sentiments are bullish amid tight supply-demand fundamentals. In March 2026, Potassium Nitrate price in India rose by around 14% in March 2026 owing to the rising tensions between the USA and Israel against Iran.

China: Potassium Nitrate Export prices Qingdao, China; Grade- Purity: 99.4% Potassium Nitrate

The Potassium Nitrate price in China recorded an appreciable increase of approximately 12% over Q1 2026 owing to the shortage of feedstocks, high demand for agricultural purposes, and high manufacturing costs.

The Potassium Nitrate price trend in China for the commodity in Q1 2026 has been still high due to planting activities, whereas food preservation, pyrotechnics, among other applications, kept up steady consumption levels.

Consumption levels both domestically and in exports are high due to higher purchases by buyers have been concerned about supply. Supply of feedstocks remained firm throughout the quarter since potassium chloride and nitric acid are expensive.

This is attributed to high energy costs and scarcity of upstream products. Supply is moderate due to shortage of raw materials and low manufacturing activity by producers. Slightly tight export supply contributed to bullishness in the market. In March 2026, Potassium Nitrate price in China rose by around 5% due to the ongoing war between the US and Israel against Iran.

Malaysia: Potassium Nitrate Imported prices Nhava Sheva, India from China; Grade- Purity: 99.4% Potassium Nitrate

Potassium Nitrate price Malaysia in Q1 2026 witnessed a notable around 12% increase compared to the previous quarter, supported by firm demand and constrained supply availability. Potassium Nitrate price trend Malaysia from the agriculture sector remained steady, particularly for plantation crops, while industrial consumption added to consistent market offtake.

Buyers increased procurement levels amid tightening regional supply and concerns over price volatility. Feedstock prices for potassium chloride and nitric acid trended upward, influenced by rising energy costs and limited upstream availability.

On the supply side, production levels remained stable but are insufficient to fully meet growing demand, leading to increased dependence on imports. Consumption improved steadily across both domestic and export-linked markets.

In March 2026, Potassium Nitrate price Malaysia increased by around 5% due to the escalating US-Israel conflict with Iran. Overall, the market remained firm with balanced yet tight supply-demand dynamics.

United Arab Emirates: Potassium Nitrate Imported prices Jebel Ali, United Arab Emirates from China; Grade- Purity: 99.4% Potassium Nitrate

The Potassium Nitrate price in United Arab Emirates in Q1 2026 witnessed a notable around 12% increase compared to the previous quarter, driven by firm downstream demand and limited supply inflows.

Potassium Nitrate price trend in United Arab Emirates from agriculture and horticulture sectors remained strong, supported by controlled environment farming practices. Industrial usage also contributed to stable consumption levels across the region.

Buyers actively secured volumes amid tightening inventories and supply uncertainties. Feedstock conditions remained strong, with potassium chloride and nitric acid prices increasing due to higher production and energy costs.

On the supply side, production remained moderate, while import constraints further restricted availability. Consumption levels improved as procurement activity intensified.

In March 2026, Potassium Nitrate in United Arab Emirates increased by around 7% due to the escalating US-Israel conflict with Iran. Overall, the market reflected firm demand and constrained supply fundamentals.

Potassium Nitrate Price Trend Analysis: Q4 2025

In Q4 2025, the Potassium Nitrate market grew marginally by 1% over the prior quarter due to strengthening agricultural demand and improved purchasing activity. Increased agricultural consumption in advance of planting seasons, particularly for high-value crops that use nitrate fertiliser, supported incremental demand growth and improved market confidence.

Consistent with these trends, producers of the product saw their operations running slightly more tightly as they responded to increased consumption by optimising their operating rates. During Q4 2025, potassium chloride and nitric acid as feedstock showed minor firmness, providing modest cost support, as well as influencing the direction of pricing.

Whereas overall supply continued to be sufficient, improved consumption kept excess inventories in check and allowed a better balance between production and consumption.

Overall, the combination of seasonal agricultural demand, stable but controlled production and firm feedstock conditions experienced in Q4 2025 supported the modest positive price movement during this time period.

China: Potassium Nitrate Export prices Qingdao, China; Grade- Purity: 99.4% Potassium Nitrate

The price trend of Potassium Nitrate in China has risen slightly during Q4 2025, up 1% compared to previous periods due to increased numbers of farmers purchasing fertilizers.

Higher demand for winter crop nutrients and greater numbers of growers utilizing specialty fertilizers in high value horticultural crops both contributed to this demand.

Distributor offtakes have been stable throughout the quarter as fertilizer distributors continued to sell both standard fertigation products and specialty grade blends. Producers have been operating under balanced conditions with limited export offers providing price stability.

A slight to mild positive trend has been seen in feedstock prices for potassium chloride and nitric acid which provided moderate support for Potassium Nitrate price increases.

Prices of Potassium Nitrate in China during December 2025 ended strong with a 6% increase from November due to higher agricultural restocking due to harvest and higher manufacturing costs for feedstock used to manufacture Potassium Nitrate.

India: Potassium Nitrate Imported prices Nhava Sheva, India; Grade- Purity: 99.4% Potassium Nitrate

The Potassium Nitrate price trend in India through Q4 2025 reflected a moderate softening, with prices declining 2% quarter-on-quarter as distributors and growers adopted cautious procurement strategies amid comfortable inventory levels. Fertigation and specialty crop consumption remained steady but lacked sufficient momentum to fully absorb available supply.

Production facilities operated at stable-to-moderated rates, while competitive export offers further influenced domestic pricing. Feedstock potassium chloride and nitric acid costs held largely stable, keeping producer margins under measured pressure.

In December 2025, Potassium Nitrate prices in India firmed by 5%, supported by year-end agricultural restocking and gradually firming feedstock costs, closing the quarter on a balanced note.

Malaysia: Potassium Nitrate Imported prices Nhava Sheva, India from China; Grade- Purity: 99.4% Potassium Nitrate

The Potassium Nitrate price trend in Malaysia through Q4 2025 reflected a firm upward movement, with prices rising 6% quarter-on-quarter as agricultural demand strengthened notably across plantation crops, fruits, and vegetable cultivation.

Fertigation systems and specialty fertilizer blend consumption improved as growers advanced seasonal nutrient programmes. Tighter import arrivals alongside improved offtake reduced excess inventories, lending additional support to pricing.

Feedstock potassium chloride and nitric acid markets showed firmness, reinforcing the bullish cost environment. In December 2025, Potassium Nitrate prices in Malaysia climbed a further 5%, driven by intensified year-end agricultural restocking and firmer feedstock costs, closing the quarter on a strongly positive note.

United Arab Emirates: Potassium Nitrate Imported prices Jebel Ali, United Arab Emirates from China; Grade- Purity: 99.4% Potassium Nitrate

In the United Arab Emirates (UAE), the Potassium Nitrate price trend in Q4 2025 remained largely stable reflecting no significant change compared to the previous quarter.

Greenhouse horticulture, and production of high-value vegetables using fertigation systems have been indicators of steady demand for agricultural products. With a stable inventory, many buyers have been procuring need-based only.

Supply remained sufficient due to equalization of imports, distribution within the domestic market, and production within the region with respect to consumption preventing inventory builds.

Since no cost pressures existed on feedstocks (potassium chloride and nitric acid), price stability has continued to be supported by these factors.

In December 2025, Potassium Nitrate prices in the UAE increased by approximately 5% due to year-end restocking activity and firmer feedstock costs. Overall, the market maintained a balanced and stable tone throughout the quarter.

In Q3 2025, the Potassium Nitrate price trend remained largely stable, with prices recording no significant quarter-on-quarter change. Agricultural demand stayed balanced as procurement was primarily need-based, supported by routine application cycles across horticulture, fruits, and vegetable cultivation.

Consumption from the agriculture sector remained steady, particularly in drip irrigation and fertigation segments, where nitrate-based nutrition is preferred for controlled nutrient delivery.

On the supply side, production levels were maintained at steady operating rates, as manufacturers aligned output closely with seasonal consumption patterns to avoid inventory pressure.

Feedstock dynamics were relatively stable during the quarter, with potassium chloride and nitric acid markets showing limited volatility, thereby preventing sharp cost fluctuations for producers.

Overall supply availability was adequate, and inventories were manageable. The market environment reflected equilibrium conditions, with stable production, consistent agricultural consumption, and balanced feedstock costs supporting a neutral pricing trend throughout the quarter.

China: Potassium Nitrate Export prices Qingdao, China; Grade- Purity: 99.4% Potassium Nitrate

In China, the Ammonium Nitrate price trend in Q3 2025 remained largely stable reflecting no significant change compared to the previous quarter. Demand from the agriculture sector maintained a steady pace as farmers continued routine fertilizer applications for cereal crops and horticulture.

Consumption through field fertilization and fertigation practices remained balanced, supporting consistent offtake from distributors. On the supply side, production facilities operated at stable rates, ensuring adequate availability across domestic agricultural markets.

Supply remained comfortable as manufacturers maintained controlled output levels aligned with seasonal demand patterns to avoid inventory pressure.

Feedstock potassium chloride and nitric acid prices remained relatively stable during the quarter, providing limited cost volatility and helping producers maintain balanced margins.

In September 2025, Potassium Nitrate prices in China remained stable due to balanced supply availability and steady agricultural procurement. Overall market sentiment reflected equilibrium between production, consumption, and feedstock cost conditions.

India: Potassium Nitrate Imported prices Nhava Sheva, India; Grade- Purity: 99.4% Potassium Nitrate

In India, the Ammonium Nitrate price trend in Q3 2025 witnessed a moderate upward trend, reflecting a 2% increase compared to the previous quarter.

Demand from the agriculture sector improved during the quarter as farmers increased fertilizer usage for horticulture crops, fruits, and vegetable cultivation supported by active seasonal nutrient application cycles.

Consumption through fertigation and drip irrigation systems remained steady, supporting regular procurement from distributors and agricultural suppliers.

On the supply side, production units maintained balanced operating rates to ensure sufficient availability across domestic markets while preventing excessive inventory accumulation.

Supply conditions remained comfortable as manufacturers aligned output with stable agricultural consumption trends.

Feedstock potassium chloride and nitric acid prices showed mild firmness during the quarter, providing moderate cost support to producers and contributing to the upward pricing movement.

In September 2025, Potassium Nitrate prices increased by 2% due to improved agricultural restocking activity and slightly firmer feedstock costs. Overall market sentiment remained stable to slightly positive during the quarter.

Malaysia: Potassium Nitrate Imported prices Nhava Sheva, India from China; Grade- Purity: 99.4% Potassium Nitrate

In Malaysia, the Ammonium Nitrate market in Q3 2025 remained largely stable, with prices showing no significant change compared to the previous quarter. Demand from the agriculture sector remained steady as growers continued routine fertilizer applications for fruits, vegetables, and plantation crops.

Consumption through fertigation and drip irrigation systems maintained consistent offtake from agricultural distributors, supporting balanced market activity. On the supply side, production units operated at stable rates, ensuring sufficient availability across domestic agricultural markets.

Import arrivals and regional distribution channels remained steady, preventing supply shortages while maintaining comfortable inventory levels.

Feedstock potassium chloride and nitric acid prices stayed relatively stable during the quarter, offering limited cost pressure and supporting stable pricing conditions.  Producers maintained controlled output to align supply with prevailing agricultural consumption trends.

In September 2025, Potassium Nitrate prices remained stable due to balanced supply availability and steady procurement from the agriculture sector. Overall market sentiment remained neutral during the quarter.

United Arab Emirates: Potassium Nitrate Imported prices Jebel Ali, United Arab Emirates from China; Grade- Purity: 99.4% Potassium Nitrate

In United Arab Emirates, the Ammonium Nitrate market in Q3 2025 witnessed a mild upward trend, reflecting a 1% increase compared to the previous quarter. Demand from the agriculture sector improved slightly as growers continued fertilizer applications for greenhouse vegetables, fruits, and horticulture crops.

Consumption through fertigation systems supported consistent procurement from distributors, while seasonal nutrient requirements maintained regular offtake. On the supply side, production remained stable, and import availability ensured adequate supply across regional agricultural markets.

Market participants reported comfortable inventory levels, which helped maintain balanced trading activity during the quarter. Feedstock potassium chloride and nitric acid prices remained relatively firm, providing moderate cost support to producers and contributing to the slight price increase.

Production units maintained controlled operating rates to align supply with steady agricultural consumption patterns. In September 2025, Potassium Nitrate prices increased by around 6% due to stronger restocking demand and firmer feedstock costs. Overall market sentiment remained stable to slightly positive.

According to Price-Watch™, in Q2 2025 the Potassium Nitrate market on an FOB Qingdao basis, registered a 3% decline from the previous quarter. The market faced continued pressure from subdued agricultural demand, as buyers adopted cautious procurement strategies and relied on existing inventories.

Consumption from the agriculture sector, particularly in fertigation and specialty crop applications, remained moderate but insufficient to absorb available supply fully. Production rates were maintained at steady levels; however, adequate inventories and competitive export offers weighed on pricing sentiment.

Feedstock potassium chloride and nitric acid markets remained relatively stable to slightly soft, offering limited cost support to producers and contributing to tighter margins. Overall supply availability remained comfortable, with balanced but slow-moving trading activity shaping a mildly bearish market environment during the quarter.

According to Price-Watch™, in Q1 2025 the Potassium Nitrate market on an FOB Qingdao basis, recorded a sharper 7% decline from the previous quarter. The downturn was primarily driven by weakened agricultural procurement following the completion of key seasonal applications.

Consumption levels softened as distributors delayed restocking and focused on clearing inventories accumulated in earlier months. On the supply side, production units operated at stable rates, leading to sufficient availability in the domestic and export markets.

Feedstock potassium chloride and nitric acid prices displayed limited volatility, yet stable upstream costs failed to provide meaningful price support amid slower demand. Export inquiries remained cautious, and sellers adopted competitive pricing strategies to maintain volumes.

The overall market reflected an oversupplied environment with moderate production, restrained consumption, and declining buying interest exerting downward pressure on prices.

Potassium Nitrate Price Trend Analysis: Q4 2024

According to Price-Watch™, in Q4 2024 the Potassium Nitrate market on an FOB Qingdao basis, recorded a modest upward movement, reflecting a 1% increase compared to the previous quarter.

Demand from the agriculture sector remained firm as growers increased fertilizer applications for winter crops and high-value horticulture cultivation. Consumption through fertigation and specialty nutrient blends supported steady offtake from distributors.

On the supply side, production units operated at balanced rates, ensuring adequate availability while preventing excess stock buildup. Manufacturers maintained controlled output to align production with seasonal agricultural demand patterns.

Feedstock potassium chloride and nitric acid prices showed mild firmness during the quarter, offering moderate cost support to producers and contributing to improved market sentiment.

Overall supply remained sufficient, while consistent agricultural consumption and stable feedstock conditions helped sustain a slightly positive pricing environment across the market during the quarter.

According to Price-Watch™, in Q3 2024 the Potassium Nitrate market on an FOB Qingdao basis, experienced a moderate improvement, reflecting a 2% increase compared to the previous quarter.

Agricultural demand strengthened as growers expanded fertilizer usage for fruit orchards, vegetable cultivation, and greenhouse crops. Consumption through fertigation systems and nitrate-based specialty fertilizers supported steady market activity during the quarter.

On the supply side, production remained stable, with manufacturers maintaining consistent operating rates to meet agricultural requirements. Supply availability remained comfortable, though improved downstream demand helped absorb inventories.

Feedstock potassium chloride and nitric acid markets remained relatively firm, providing cost support to producers and influencing the upward price trend.

Balanced production levels and improving agricultural consumption supported stable supply conditions. Overall, the market maintained a moderately positive tone driven by firm feedstock costs and improved demand from the agriculture sector.

According to Price-Watch™, in Q2 2024 the Potassium Nitrate market on an FOB Qingdao basis, witnessed a downward trend, reflecting a 3% decline compared to the previous quarter.

Agricultural demand softened during the quarter as distributors and farmers limited fresh procurement and relied on existing inventories following earlier purchasing cycles.

Consumption from the agriculture sector remained moderate, particularly in horticulture and greenhouse cultivation, but lacked strong momentum to support higher prices.

Production units continued operating at stable levels, leading to comfortable supply availability across domestic and export markets.

Feedstock potassium chloride and nitric acid prices remained relatively stable, offering limited cost support to producers and exerting pressure on margins.

Overall market conditions reflected adequate supply and restrained consumption patterns, which collectively contributed to a softer pricing environment throughout the quarter.

According to Price-Watch™, in Q1 2024 the Potassium Nitrate market on an FOB Qingdao basis, experienced a decline of approximately 4% compared to the previous quarter.

Agricultural demand remained relatively subdued as growers and distributors adopted cautious procurement strategies following the completion of earlier seasonal fertilizer applications.

Consumption levels across the agriculture sector remained moderate, particularly in vegetable and fruit cultivation, but purchasing activity remained largely need based.

On the supply side, production facilities maintained steady operating rates, ensuring adequate availability in both domestic and export markets.

Feedstock potassium chloride and nitric acid markets showed limited volatility, offering minimal cost pressure for producers but failing to provide meaningful support to prices.

Overall supply remained comfortable while restrained agricultural consumption contributed to the downward price movement observed during the quarter.

Technical Specifications of Potassium Nitrate Price Trends

Product Description

Potassium Nitrate (KNO₃), also known as Nitrate of Potash (NOP), is a water-soluble inorganic compound widely used in agriculture and industrial applications. It is produced through the reaction of potassium chloride with nitric acid or sodium nitrate, resulting in a white crystalline solid with high purity and uniform particle size. Potassium Nitrate contains approximately 13% nitrogen and 46% potassium oxide equivalent, providing a balanced source of essential nutrients for plant growth. It offers excellent solubility, low hygroscopicity, and chloride-free composition, making it suitable for fertigation, hydroponics, and foliar application. In addition to fertilizers, it functions as an oxidizing agent in pyrotechnics, food preservation, glass manufacturing, and specialty chemical formulations, ensuring consistent performance and reliable quality across applications.

Identifiers and Classification:

CAS No – 7757-79-1

HS Code – 31059010

Molecular Formula – KNO3

Molecular Weight[g/mol] – 101.103 g/mol

Potassium Nitrate Synonyms:

  • Nitrate of potash
  • Saltpetre
  • Potassium salt Nitric Acid


Potassium Nitrate Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 300 MT
  • Packaging Type (Product & Country Specific): 25 Kg Bag


Incoterms Referenced in Potassium Nitrate Price Reporting

Shipping Term  Location  Definition 
FOB Qingdao  Qingdao, China  Potassium Nitrate Export price from China. 
CFR Nhava Sheva (China)  Mumbai, India  Potassium Nitrate Import price in India from China. 
CFR Kelang (China)  Kelang, Malaysia  Potassium Nitrate Import price in Malaysia from China. 
CFR Jebel Ali (China)  Jebel Ali, United Arab Emirates  Potassium Nitrate Import price in United Arab Emirates from China. 

*Quotation Terms refers to the quantity range specified for the Potassium Nitrate being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Potassium Nitrate packing, ease of handling, transportation, and storage in industrial and commercial applications.

Potassium Nitrate Manufacturers

Manufacturer 
Tianjin Solinc Fertilizer Co., Ltd 
Jiangxi Longwell Industrial Co., Ltd. 
Wentong Potassium Salt Group Co. 
Qingdao Zhongshuo Chemical 

Potassium Nitrate Industrial Applications

Historically, several events have caused significant fluctuations in Potassium Nitrate prices

  • Renewed Downturn (2023–2025): Easing supply chains and improved output from major exporters like Chile and China led to oversupply and price correction.
  • Russia-Ukraine War Impact (2022–2023): Supply uncertainties and elevated natural gas prices tightened availability, driving significant price spikes in global KNO₃ markets.
  • Post-COVID Recovery & Inflation (2021–2022): 2021–2022 saw the Potassium Nitrate market stabilize and gradually recover as production normalized and logistics improved. Demand picked up again in agriculture, pharmaceuticals, and industrial chemicals, supporting moderate growth and price recovery in most regions.
  • COVID-19 Disruption (2020): The pandemic COVID‑19 disrupted Potassium Nitrate supply through plant shutdowns, port delays, and transport bottlenecks in 2020. Demand softened in agriculture and industry but held in pharmaceuticals & Personal care, keeping the market under pressure but not collapsing.
  • Firm Reversal (Early2018–2019): Oversupply from major exporters like Chile and China pressured global prices. Weak agricultural demand and lower input costs further reduced overall market pricing levels.

These events underscore the Potassium Nitrate market’s sensitivity to supply disruptions, industrial demand shifts, and geopolitical or policy interventions, highlighting the importance of monitoring both global supply and domestic consumption patterns.

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global potassium nitrate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the potassium nitrate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence potassium nitrate prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely potassium nitrate market data.

Track Price Watch's™ potassium nitrate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Potassium Nitrate Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Potassium Nitrate (KNO₃), also known as Nitrate of Potash (NOP), is a water-soluble fertilizer widely used in agriculture, particularly for fruits, vegetables, and high-value crops. It provides essential nutrients such as nitrogen and potassium, which are critical for plant growth and yield improvement.

Its price directly affects fertilizer costs for farmers, horticulture growers, and agricultural distributors. Price-Watch™ tracks Potassium Nitrate prices to help market participants monitor price movements, manage procurement strategies, and understand global fertilizer market trends.

Potassium Nitrate prices vary depending on region, grade, and supply conditions. Prices are generally quoted per metric ton and may fluctuate due to changes in feedstock costs, agricultural demand, and global trade dynamics.

Market prices also differ between technical grade and fertilizer grade material. Price-Watch™ provides updated price assessments across major international markets to help businesses stay informed about current Potassium Nitrate pricing levels.

Potassium Nitrate prices are influenced by feedstock costs such as potassium chloride and nitric acid, along with agricultural demand cycles, production rates, and global trade flows.

Seasonal fertilizer demand, weather conditions affecting crop planting, and energy costs can also impact the market.

Logistics conditions and export availability from major producing regions play a role as well. Price-Watch™ analyses these factors to provide insights into current trends and price movements.

The agriculture sector is the largest consumer of Potassium Nitrate, particularly for horticulture, fruits, vegetables, and greenhouse crops. It is widely used in fertigation systems, drip irrigation, and specialty fertilizer blends.

Other smaller applications include pharmaceuticals, food preservation, and pyrotechnics. However, agricultural consumption accounts for the majority of global demand. Price-Watch™ tracks demand patterns across agricultural and industrial sectors.

Potassium Nitrate is produced through chemical reactions involving potassium chloride and nitric acid or through other industrial processes using nitrate salts. Manufacturing takes place in specialized chemical plants equipped for fertilizer production.

Major production hubs include China, Chile, Israel, and several European countries, where integrated chemical facilities support large-scale output.

Chile is one of the largest exporters of Potassium Nitrate globally, supported by its natural nitrate resources and established fertilizer industry. China and Israel are also significant exporters supplying regional and international markets.

Export volumes depend on production capacity, domestic consumption, and global fertilizer demand conditions. Price-Watch™ monitors trade flows and export availability across key markets.

Global supply of Potassium Nitrate is generally adequate, supported by production from major fertilizer manufacturers. However, temporary tightness can occur due to plant maintenance, seasonal agricultural demand spikes, or logistical disruptions.

Weather patterns and crop cycles can also influence short-term demand levels. Price-Watch™ tracks supply-demand balances to identify potential market imbalances.

Potassium Nitrate is available in different grades, including fertilizer grade, technical grade, and water-soluble grades designed for fertigation or hydroponic systems. Prices differ based on purity, granulation, solubility, and application requirements.

Higher-purity grades for specialty crops or industrial uses typically command higher prices. Price-Watch™ provides grade-wise pricing insights for better market understanding.

When agricultural demand rises sharply, often during planting seasons or fertilizer application periods, prices may increase and supply availability can tighten. Producers may experience longer order lead times and distributors may face limited spot volumes. Price-Watch™ tracks these demand shifts to provide timely market updates.

Potassium chloride and nitric acid are the primary feedstocks used in the production of Potassium Nitrate. Changes in the prices of these raw materials directly affect manufacturing costs. When feedstock prices increase, producers may adjust selling prices to maintain margins. Price-Watch™ analyses feedstock-fertilizer cost relationships to explain price fluctuations.

Regional prices can vary due to differences in production capacity, feedstock availability, transportation costs, import duties, and local agricultural demand. Freight rates and export supply from major producing countries also influence regional price levels. Price-Watch™ tracks regional price variations to highlight global market differences.

Potassium Nitrate price forecasts depend on feedstock trends, seasonal fertilizer demand, crop cycles, and production capacity changes. Agricultural policies, weather conditions, and global trade dynamics also influence future pricing. Price-Watch™ publishes regular market outlooks to project potential price movements over the coming months.

Yes. Reliable price forecasts help fertilizer distributors, agricultural suppliers, and procurement teams plan purchases, manage inventory levels, and negotiate supply contracts effectively. Forecast insights also support budgeting and cost control strategies. Price-Watch™ forecasts assist businesses in making informed procurement decisions.

Global events such as geopolitical tensions, energy price volatility, shipping disruptions, and trade policy changes can influence fertilizer supply chains. These factors may affect feedstock availability, production costs, and export flows, leading to price fluctuations. Price-Watch™ provides updates on such market-moving developments.

Price-Watch™ collects market intelligence from producers, traders, distributors, and end-users to publish transparent Potassium Nitrate price assessments, market reports, and forecasts. These insights help industry participants monitor price movements and stay informed about global fertilizer market trends.