Key Market Indicators
Indonesia's fertilizer exports plummeted in 2021, with 314,080 metric tons - down 87.8% from 2020's 2.57 million. Since 2007, they've plunged 51.2% year-on-year. The country ranked 80th, behind Libya at 314,080 metric tons, Norway, Belgium and Finland in second, third and fourth place respectively. Imports of fertilizer in Indonesia are forecast to drop 0.5% year-on-year to 320,070 metric tons by 2026, from 334,670 metric tons in 2021. Since 2007, demand has declined 4.5% year-on-year. Indonesia ranked 13th, lagging behind Hungary's 334,670 metric tons. Brazil, Spain and Thailand placed second, third and fourth respectively. Fertilizer production in Indonesia is predicted to grow 2% year-on-year CAGR to 3,626,800 metric tons by 2026, from 3,237,100 metric tons in 2021. Since 2007, the market has grown 3.2% year-on-year. The country ranked fourth, behind Vietnam's 3,237,100 metric tons. India, Vietnam and Indonesia placed second, third and fourth respectively.
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