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Home > Industry News > Briefing on the potassium nitrate and its market situation in China

Briefing on the potassium nitrate and its market situation in China

Briefing on the potassium nitrate and its market situation in China2019.08.02

Potassium nitrate is an inorganic salt with a chemical formula of KNO3. It can be classified into two categories: potassium nitrate for industrial use and potassium nitrate for agricultural use.


1.Potassium nitrate is used in a wide variety of applications including glass manufacturing, explosives for mining and civil works, metal treatment, fireworks.
2.In agriculture, potassium nitrate is used as a water-soluble and virtually chloride-free source of nitrate-nitrogen and potassium nutrients. 


In general, as a natural source of nitrate, potassium nitrate has been used as a constituent for several different purposes, including food preservatives, fertilizers, tree stump removal, rocket propellants, and fireworks. 


From the perspective of China's potassium nitrate downstream consumption structure, agricultural industry accounts for a large proportion with the share of 60%, followed by glass industry and food industry with the share of 10% and 8% respectively.




Besides, according to the data from China's customs, the potassium nitrate export volume has increased rapidly from 2013 to 2017. In 2017, it has reached 134,650 tons, increasing by 148.4% from a year earlier, which was about five times more than that of 2013.




During these years, China's potassium nitrate export value has also shown a similar trend. It was 94,40 million dollars in 2017, increasing by 138.6% from 2016.


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