# HS 281520 Potassium Hydroxide (Caustic Potash) global trade...

Reported global trade in potassium hydroxide (caustic potash) reached $832.1M in 2024, with five-year annual growth of +2.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $655.6M | +11.1% | +10.8% |
| 2014 | $597.2M | -8.9% | +2.5% |
| 2015 | $558.1M | -6.6% | -1.8% |
| 2016 | $511.4M | -8.4% | -7.9% |
| 2017 | $521.6M | +2% | -4.4% |
| 2018 | $677.8M | +29.9% | +6.7% |
| 2019 | $736.5M | +8.7% | +12.9% |
| 2020 | $668.0M | -9.3% | +8.6% |
| 2021 | $728.2M | +9% | +2.4% |
| 2022 | $1.4B | +91.5% | +23.7% |
| 2023 | $1.0B | -26.3% | +15.4% |
| 2024 | $832.1M | -19% | +4.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Germany | $76.6M | -3.2% | 34 |
| Netherlands | $43.6M | +6.5% | 37 |
| USA | $41.3M | +4.2% | 29 |
| Spain | $41.1M | +4.5% | 23 |
| Israel | $40.9M | +3.2% | 16 |
| Malaysia | $34.0M | +1% | 17 |
| Belgium | $33.8M | +6.1% | 22 |
| France | $33.3M | -3.7% | 32 |
| Canada | $30.6M | +1% | 25 |
| Mexico | $22.3M | +3.2% | 18 |
| China | $21.3M | +42.1% | 23 |
| Denmark | $20.3M | -3.9% | 15 |

_Source: reported merchandise trade data. Updated 2026-08-14._