Key Market Indicators
Bosnia is set to see a decrease in its fertilizer imports over the next five years. In 2021, the country imported 51,110 metric tons, a 0.6% year-on-year drop from 2007. Argentina overtook Bosnia at 53,000 metric tons, with Brazil, Spain and Thailand following at numbers two, three and four respectively. Exports are set to plummet significantly in the same period, with a 42.4% year-on-year drop to 3,040 metric tons in 2026. Back in 2008, Bosnia's supply was down 5.2%. Paraguay overtook Bosnia in 2021 at 56,210 metric tons, with Norway, Belgium and Finland coming in at numbers two, three and four. Production is expected to increase by 3.1% year-on-year CAGR to 3,750 metric tons by 2026. Since 2016, the Bosnian market has grown 0.1%. The Czech Republic overtook Bosnia in 2021 at 3,120 metric tons, with India, Vietnam and Indonesia following at numbers two, three and four.
