Key Market Indicators
The exports of fertilizer from Norway are expected to reach 2.27 million metric tons by 2026, up 0.6% from 2021's 2.2 million metric tons. Since 2007, Norwegian exports have increased 1.1% annually. Norway was the second largest exporter in 2021, with Russia coming in first. Norway, Belgium, and Finland ranked second, third, and fourth, respectively. Meanwhile, imports of fertilizer to Norway are projected to drop 0.8% to around 31,000 metric tons by 2026, down from 32,500 metric tons in 2021. Since 2007, Norwegian imports have decreased 3.4% each year. Norway ranked 70th in 2021, with Ecuador surpassing it at 32,500 metric tons. Brazil, Spain, and Thailand came in second, third, and fourth, respectively.