Key Market Indicators
Colombia's phosphate imports are expected to reach $10.6 million by 2026, up from $7.9 million in 2021 — an average annual growth of 4.8%. The country's demand has grown 257% since 1996, and in 2021 it was 30th in the world with Portugal coming ahead at $7.9 million. The United States, Indonesia and Lithuania ranked 2nd, 3rd and 4th respectively. In 2018, Colombia's phosphate exports dropped to $45,000 from $137,000 in 2017 — a decrease of 66.9%. Since 2000, the country's supplies have fallen by 17.5% year on year and it was 35th in the world, with Portugal ahead at $45,000. Jordan, Russia and Peru ranked 2nd, 3rd and 4th respectively.
