Key Market Indicators
Brazilian phosphate imports are set to reach $141.8 million by 2026, a decline of 0.2% per year on average from 2021's $143.9 million. Since 1994, Brazilian demand has decreased annually by 1.2%. In 2021, the country ranked fifth, with Lithuania at the top with $143.9 million. The US, Indonesia, and Lithuania came in second, third, and fourth, respectively. Brazilian phosphate exports skyrocketed 1,070% in 2018 to $48,910 from $4,170 in 2017. Since 1994, Brazilian supply has decreased by 17.9% each year. The country ranked 34th in 2018, with the Philippines ahead at $48,910. Jordan, Russia, and Peru were second, third, and fourth, respectively.