Key Market Indicators
Uruguay's fertilizer imports are set to reach 20,230 metric tons by 2026, growing at a rate of 2.2% year-on-year from 2021's 17,590 metric tons. Since 2007, Uruguayan demand has increased 3.7% annually. In 2021, Uruguay was ranked 86th in the world, with Russia overtaking it with 17,590 metric tons. Brazil, Spain, and Thailand followed as the second, third, and fourth largest importers, respectively. In contrast, Uruguay's fertilizer exports dropped 28.1% year-on-year in 2021, to 3,540 metric tons from 4,920 metric tons in 2020. Since 2007, Uruguayan supply has increased 36.1% year-on-year. In 2021, the country ranked 61st in the world, with Kenya overtaking it with 3,540 metric tons. Norway, Belgium, and Finland followed as the second, third, and fourth largest exporters, respectively.
