Key Market Indicators
Bosnian fertilizer import is expected to drop slightly to around 51,000 metric tons by 2026 - a 0.6% decrease year-on-year. Since 2007, Bosnian demand has seen a decrease of 2.8% year-on-year. In 2021, Bosnia was ranked number 55, with Argentina coming ahead at 53,000 metric tons. Brazil, Spain and Thailand were respectively placed at numbers 2, 3 and 4 in this ranking. Meanwhile, Bosnian fertilizer export is set to drop drastically to 3,040 metric tons by 2026 - a 42.4% decrease year-on-year. Since 2008, the country’s supply has decreased by 5.2% year-on-year. In 2021, Bosnia was ranked number 89, with Paraguay coming above at 56.21 metric tons. Norway, Belgium and Finland placed respectively at numbers 2, 3 and 4 in this ranking. Bosnian fertilizer production, however, is set to increase to 3,750 metric tons by 2026 - a 3.1% growth year-on-year. Since 2016, the market has grown 0.1% year-on-year. In 2021, Bosnia was ranked number 30, with the Czech Republic coming in at 3,120 metric tons. India, Vietnam and Indonesia respectively placed at numbers 2, 3 and 4 in this ranking.