Key Market Indicators
Thai fertilizer exports are projected to reach around 150,000 metric tons by 2026, up from 132,000 metric tons in 2021. This marks an average rise of two percent each year. Since 2007, however, supply has decreased by 1.1 percent annually. In 2021, Thailand ranked 20th, with Romania overtaking them at 132,000 metric tons. Norway, Belgium, and Finland followed in second, third, and fourth place, respectively. Thai fertilizer imports are estimated to reach approximately 700,000 metric tons by 2026, declining from 749,150 metric tons in 2021. This marks an average decrease of 1.1 percent annually. Since 2007, demand has decreased by three percent per year. In 2021, Thailand came in fifth place, with Spain taking the lead at 749,150 metric tons. Brazil, Spain, and Thailand followed in second, third, and fourth place, respectively.
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