Key Market Indicators
Germany's fertilizer imports are predicted to decrease by 4.2% year on year CAGR, dropping from 357,600 metric tons in 2021 to 278,420 metric tons by 2026. Since 2007, the country's demand has decreased by 4.6% each year. In 2021, Germany ranked 11th in terms of imports, with the UK taking the lead at 357,600 metric tons. Brazil, Spain, and Thailand followed in second, third, and fourth place respectively. Germany's fertilizer exports, meanwhile, are forecasted to rise by 0.4% annually, climbing from 263,710 metric tons in 2021 to 270,910 metric tons by 2026. Since 2007, the country's supply has increased by 2% each year. In 2021, Germany was ranked 11th in terms of exports, while Lithuania came first with 263,710 metric tons. Norway, Belgium, and Finland were numbers two, three, and four respectively.