Key Market Indicators
Belgium is set to experience a 0.3% year-on-year average growth rate in fertilizer imports and exports between 2021 and 2026. In 2021, the country ranked 19th for imports and 3rd for exports, with 285,160 and 1,768,300 metric tons respectively. Since 2007, Belgian demand and supply have grown by 4.7% and 3% year-on-year respectively. In 2021, the Philippines overtook Belgium in imports, while Norway overtook in exports. Brazil, Spain and Thailand were the second, third and fourth top importers, while Norway, Belgium and Finland were the second, third and fourth top exporters.