Key Market Indicators
Guyana's import of phosphate is expected to reach nearly $1 million by 2026. The figure has increased from $715,530 in 2021, representing a year-on-year growth rate of 5.3%. Since 2005, demand for the commodity has grown by an average of 158.9% per year. In 2021, Guyana was the 40th largest importer of phosphate in the world, with Egypt coming in at number one with $715,530. The United States, Indonesia and Lithuania were the next three biggest importers, respectively.