Key Market Indicators
Italian fertilizer imports are expected to drop by 5.2% a year on average, from 143,080 metric tons in 2021 to 105,150 metric tons by 2026. Since 2007, Italian demand has declined by 4.7% annually. Serbia overtook Italy in 2021 with 143,080 metric tons and Brazil, Spain, and Thailand ranked numbers 2, 3 and 4, respectively. Exports are forecast to grow 1.3% a year on average from 240,750 metric tons in 2021 to 260,850 metric tons in 2026. Since 2007, Italian supply has decreased by 2.3% a year. In 2021, South Korea overtook Italy at 240,750 metric tons and Norway, Belgium, and Finland were numbers 2, 3 and 4, respectively. Production is anticipated to decline by 0.4% a year on average, from 726,040 metric tons in 2021 to 709,020 metric tons by 2026. Since 2011, the Italian market has been growing by 2.7% annually. Belarus overtook Italy in 2021 with 726,040 metric tons and India, Vietnam, and Indonesia held the numbers 2, 3 and 4 spots, respectively.
