Food & BeveragesAug 10, 2026

SQM S.A.

Company Profile Analysis

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Year Founded & Workforce

1967-12-31

6,081 Employees

Industry

Food & Beverages

Services

SQM S.A. Overview

Company Headquarters: Santiago, Chile

Founded: 1968

Workforce: ~6,081

Company Working: SQM S.A. is a chemical company and the manufacturer and distributor of plant nutrients, iodine, lithium, and industrial chemicals. The company has five business segments that are Specialty Plant Nutrition, Iodine and Derivatives, Lithium and Derivatives, Potassium and Solar Salts. The company’s products are sold in approximately 110 countries by the distribution channel , with 92% of our sales in 2021 is derived from countries outside Chile.

Strategy

SQM is committed to sustainable practices and environmental stewardship. It has implemented measures to minimize water consumption, manage waste, and reduce the environmental impact of its operations. SQM also participates in various initiatives aimed at promoting responsible mining and supporting local communities. SQM invests in research and development (R&D) activities to drive innovation and advance its product offerings. The company collaborates with partners and academic institutions to develop new technologies and applications for its products, particularly in the area of lithium-ion batteries.

Company Snapshot

$1,817.19M

Revenue

6,081

Employees

1967-12-31

Founded

Santiago, Chile

Headquarters

SWOT Analysis

Strengths

Extensive Industry Experience
Strong brand recognition with significant market share
Access to rich lithium reserves in the Salar de Atacama in Chile, which is one of the largest and most productive lithium deposits globally

Weaknesses

SQM's revenue heavily relies on the lithium market, which makes it vulnerable to fluctuations in lithium prices and demand.
Lithium mining and production can have environmental implications, and any negative environmental impact

Opportunities

Growing demand for lithium and specialty chemicals in emerging markets, such as China and India, provides potential growth opportunities for SQM to tap into these markets.
Economic uptick and increase in customer spending, after years of recession and slow growth rate in the industry.

Threats

Trade disputes, tariffs, and protectionist measures can affect international steel trade and market dynamics.
Competitors catching up with the product development

Key Developments

Date	Approach	Development
July 2022	Product Launch	SQM launches a new water-soluble product for European markets that is potassium nitrate with iodine. Containing 13.7% nitrogen, and 46.3% potassium, Ultrasoline K Plus is backed by more than 100 field trials with growers says the company. This product will deliver distinct benefits for root growth, above-ground plant growth, photosynthesis, nitrogen metabolism, abiotic stress tolerance, and less fruit rot.
May 2023	Contract & Agreements	SQM Announces Long-Term Lithium Supply Agreement with Ford Motor Company to secure the supply of high-quality lithium products for production of electric vehicles. The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components to manufacture high-performance electric vehicle batteries.
May 2023	Expansion	SQM on track with Chile lithium output expansion. Chile’s main lithium producer, SQM, contributed over US$1bn to the treasury during the first quarter under the public-private alliance it has with development agency Corfo, according to its Q1 earnings release. SQM continues with plans to expand its lithium production to meet global demand, which it said is expected to grow at least 20% this year.

Product Offering

SQM S.A.
- Water Soluble Fertilizers
- Lithium & Lithium Minerals
- Lithium & Lithium Minerals

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles SQM S.A. as part of our ongoing coverage of the Food & Beverages sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

SQM S.A.

Company Headquarters: Santiago, Chile Founded: 1968 Workforce: ~6,081 Company Working: SQM S.A. is a chemical company and the manufacturer and distributor of plant nutrients, iodine, lithium, and industrial chemicals. The company has five business segments that are Specialty Plant Nutrition, Iodine and Derivatives, Lithium and Derivatives, Potassium and Solar Salts. The company’s products are sold in approximately 110 countries by the distribution channel , with 92% of our sales in 2021 is derived from countries outside Chile.

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