Key Market Indicators
Portuguese potash imports are expected to rise to around 2.6 million kilograms by 2026, up from 2.2 million kilograms in 2021. This represents an average annual growth rate of 2.9%. Since 1993, demand has increased at a rate of 5% annually. Portugal ranked 40th in 2021, with Latvia overtaking it with 2.2 million kilograms imported. Belgium, France and Malaysia followed as the second, third and fourth-ranked countries, respectively. Portuguese potash exports are forecast to reach 208,820 kilograms by 2026, an increase from 186,230 kilograms in 2021. This is an annual growth rate of 1.9%. Since 1993, supply has grown by 34.5% each year. Portugal ranked 31st in 2021, with Israel coming out ahead with 186,230 kilograms exported. South Korea, the United States and France ranked second, third and fourth, respectively.
