Key Market Indicators
By 2026, Serbia is projected to produce 482,000 metric tons of fertilizer, a 2.9% year-on-year increase since 2011. In 2021, Serbia ranked 13th in the world, behind Egypt's 405,930 metric tons. India, Vietnam and Indonesia took the next three spots. Meanwhile, Serbian fertilizer imports are expected to reach 177,000 metric tons by 2026, up 1.2% year-on-year since 2011. In 2021, Serbia was 34th in the world, behind the Netherlands' 163,660 metric tons. Brazil, Spain and Thailand followed. Serbian fertilizer exports are set to reach 263,000 metric tons by 2026, a 4.2% year-on-year increase since 2011. In 2021, Portugal was the world leader with 204,890 metric tons, while Serbia ranked 15th. Norway, Belgium and Finland made up the top four.
