Key Market Indicators
Since 2007, Cuban export decreased by 91%. The country was number 139 in 2017, Maldives overtook at 0.02 Metric Tons. Chile, Bolivia and Kyrgyzstan respectively ranked numbers 2, 3 and 4 in this ranking. Demand for Cuban fertilizer is set to drop by 38.7% year on year CAGR by 2026, falling from 7,270 Metric Tons in 2021 to 509.02 Metric Tons. Since 2007, demand has decreased by 24.1%. In 2021, Cuba ranked 110, with Bahrain overtaking it at 7,270 Metric Tons. Brazil, Spain and Thailand were the next three countries in the ranking. Cuban fertilizer production is expected to grow by 0.3% year on year average rate by 2026, rising from 32,400 Metric Tons in 2021 to 32,930 Metric Tons. Since 2007, this market has increased by 0.2%. In 2021, Cuba ranked 26, with Uzbekistan ahead at 32,400 Metric Tons. India, Vietnam and Indonesia followed in the ranking. Cuban fertilizer exports dropped by 50% in 2017 compared to the previous year, from 0.02 Metric Tons in 2016 to 0.01 Metric Tons. Since 2007, exports have decreased by 91%. In 2017, Cuba ranked 139, with Maldives overtaking it at 0.02 Metric Tons. Chile, Bolivia and Kyrgyzstan were the next three countries in the ranking.
