Key Market Indicators
Belgium's ammonia exports are estimated to reach $24 million by 2026, a decrease of 3.2% compared to 2021. Since 2004, Belgian supply has dropped by 1.6% year on year. In 2021, Belgium was ranked seventeenth in the world, with Bulgaria coming in first at $29 million. Saudi Arabia, Russia, and Indonesia followed in second, third, and fourth place respectively. Belgium's ammonia imports are expected to reach $268 million by 2026, a dip of 1.7% year on year. Since 2004, demand has decreased by 4.5%.