Key Market Indicators
The country dropped from number 13 to number 25 in 2021 and Singapore surpassed with 23,383,000 Kilograms. Belgium, France and Malaysia came in at 2, 3 and 4, respectively. Indonesia's import of potash is set to reach 23 million kilograms by 2026, growing at a yearly rate of 2.2%. From 1994 to 2021, demand for the country's potash has increased by 2.4% year on year, placing it 13th in the rankings by 2021. Singapore overtook Indonesia, with 20.5 million kilograms of potash imported in 2021. Belgium, France and Malaysia took the next three spots, respectively. In contrast, Indonesia's own potash supply has decreased by 32.2% year on year since 2004, dropping it from 13th to 25th in the rankings by 2021. Singapore had the highest supply of potash, with 23.3 million kilograms imported in 2021, followed by Belgium, France and Malaysia in the next three spots.
