Key Market Indicators
Luxembourger demand for potash is set to decline in the coming years. Over the next five years, it is expected to fall by 3.1% annually on average, reaching 20,130 Kilograms in 2026. Since 2004, the country's demand for the mineral has grown at an average annual rate of 2.9%. In 2021, Luxembourg was the 99th largest importer of potash worldwide, with 24,230 Kilograms. It was overtaken by Nicaragua, who imported 24,230 Kilograms. Belgium, France and Malaysia came in second, third and fourth, respectively. In 2018, Luxembourg was the 44th largest importer of potash, with 25,320 Kilograms. It was overtaken by Brunei, who imported 25,320 Kilograms. South Korea, the United States and France came in second, third and fourth, respectively.