Key Market Indicators
Spain's fertilizer import is projected to reach nearly 941,000 metric tons by 2026, up 1.7% year-over-year from 847,000 metric tons in 2021. Since 2007, Spanish demand has grown 7.4% annually. In 2021, the country ranked third, behind Brazil at 847,000 metric tons. Brazil, Spain and Thailand ranked second, third and fourth, respectively. Spain's fertilizer export is expected to reach 447,000 metric tons by 2026, up 3% year-over-year from 369,000 metric tons in 2021. Since 2007, Spanish supply has increased 11.3% year-over-year. The country ranked ninth in 2021, behind Poland at 369,000 metric tons. Norway, Belgium and Finland were the top three countries in this ranking.