Key Market Indicators
Sri Lanka's fertilizer imports are forecast to drop by 0.3% annually, on average, over the next five years. In 2021, the country ranked 116th with 5,870 metric tons, behind Pakistan's 5,990 metric tons. Brazil, Spain and Thailand took the second, third and fourth positions respectively. Meanwhile, Sri Lanka's fertilizer exports are expected to decline by 4.6% on average each year until 2026. In 2021, the country ranked 88th with 43.21 metric tons, behind Bosnia and Herzegovina's 56.81 metric tons. Norway, Belgium, and Finland took the second, third and fourth places respectively. Since 2007, Sri Lanka's supply has soared by 327%.