Key Market Indicators
Lithuanian potash imports are expected to grow slightly over the next five years, from 1.6 million kilograms in 2021 to 1.7 million kilograms by 2026. Since 1999, the country has seen an average annual growth rate of 1%. Lithuania was the 44th largest importer in 2021, with Ukraine ranking at number one with 1.5 million kilograms. Belgium, France and Malaysia ranked second, third and fourth, respectively. Potash exports from Lithuania are predicted to decline to 64,620 kilograms by 2026, down from 89,990 kilograms in 2021. Since 1999, exports have decreased by an average of 8.6% year-on-year. Lithuania was the 36th largest exporter in 2021, with Norway in the lead at 89,990 kilograms. South Korea, the United States and France ranked second, third and fourth, respectively.