Key Market Indicators
Benin is set to see a rise in fertilizer imports over the next few years. Demand is projected to reach 336,720 metric tons by 2026, up from 247,610 metric tons in 2021. This is an average annual growth rate of 5.2%. Since 2007, the country has seen a 40.3% year-on-year increase in demand. In 2021, it ranked 23rd in the world, with Denmark leading the way at 247,610 metric tons. Brazil, Spain, and Thailand rounded out the top four, respectively.