Key Market Indicators
Paraguay's fertilizer imports are expected to drop by 5.4% year-on-year to around 160,810 metric tons by 2026. In 2021, the country ranked 26th with 226,180 metric tons, behind Ghana. Brazil, Spain, and Thailand came in 2nd, 3rd and 4th, respectively. Meanwhile, fertilizer exports from Paraguay are projected to increase by 3.3% year-on-year to around 87.88 metric tons by 2026. In 2021, the country ranked 87th with 72.44 metric tons, behind Kuwait. Norway, Belgium, and Finland came in 2nd, 3rd, and 4th, respectively. Since 2014, Paraguay's supply has decreased by 8.8% year-on-year.