Key Market Indicators
India is set to become the second-largest fertilizer producer in the world by 2026. This year, the country produced 4.3 million metric tons, coming second to Russia in the rankings. India is expected to grow an average of 2.7% year on year. The country is also the sixth-largest importer of fertilizer, with imports predicted to reach 846,300 metric tons by 2026 - a 4% average year on year growth since 2007. India is also the 31st-largest exporter of fertilizer, with exports set to reach 74,860 metric tons by 2026. This is a 1.3% average year on year CAGR since 2007.
