Key Market Indicators
Portugal's fertilizer production is expected to reach 278,000 metric tons by 2026, up from 268,000 metric tons in 2021. This represents an average annual growth rate of 0.6%. Since 2014, Portugal's market has grown by 0.7% annually. In 2021, Portugal was ranked 14th, while Serbia led with 268,000 metric tons. India, Vietnam and Indonesia were numbers 2, 3 and 4, respectively. Portugal's fertilizer imports are expected to reach 119,000 metric tons by 2026, up from 115,000 metric tons in 2021. This represents an average annual growth rate of 0.5%. Since 2007, Portugal's demand has decreased by 1.2% annually. In 2021, Portugal was ranked 40th, while Australia led with 115,000 metric tons. Brazil, Spain and Thailand were numbers 2, 3 and 4, respectively. Portugal's fertilizer exports are expected to reach 207,000 metric tons by 2026, up from 196,000 metric tons in 2021. This represents an average annual growth rate of 0.8%. Since 2007, Portugal's supply has increased by 1.9% annually. In 2021, Portugal was ranked 16th, while Vietnam overtook with 196,000 metric tons. Norway, Belgium and Finland were numbers 2, 3 and 4, respectively.
