Key Market Indicators
Korean Fertilizer Export is projected to reach almost 250,000 metric tons by 2026. In 2021, the country was ranked 12th, with Germany overtaking with 243,020 metric tons, followed by Norway, Belgium and Finland. Korean Fertilizer Import is set to reach nearly 50,000 metric tons by 2026, up 2% on average year on year since 2007. In 2021, Korea was the 58th largest importer, with Switzerland coming in ahead with 43,980 metric tons, followed by Brazil, Spain and Thailand. Korean Fertilizer Production is forecast to reach 1.815 million metric tons by 2026, an average annual growth rate of 1.4% since 2007. In 2021, Indonesia was the largest producer of fertilizers with 1.669 million metric tons, followed by India, Vietnam and Indonesia.
Latest reports
South Korea Fertilizer Market Report- Q1 2025
In the first quarter of 2025, the South Korean fertilizer market experienced a complex blend of challenges and opportunities. With geopolitical tensions, economic...
South Korea Fertilizer Market Report- Q4 2024
The South Korea fertilizer market in the fourth quarter of 2024 is characterized by dynamic shifts influenced by economic, geopolitical, and environmental factors....
South Korea Fertilizer Market Report - Q4 2024
In the fourth quarter of 2024, the fertilizer market in South Korea is undergoing a transformative shift, driven by consumer preferences, technological advancements,...
