Key Market Indicators
China's phosphate imports are predicted to reach around $19 million by 2026, up from $15 million in 2021. On average, demand has grown by 21.8% year-on-year since 1997. In 2021, China was in 24th place, beaten out by Ukraine with $14.9 million. The United States, Indonesia, and Lithuania took the second, third, and fourth spots, respectively. China's phosphate exports are expected to drop to around $7.3 million by 2026, down from $27.2 million in 2021. On average, exports have decreased by 2.8% year-on-year since 1997. Israel was in 11th place in 2021, with China following behind at $27.2 million. Jordan, Russia, and Peru were the second, third, and fourth biggest exporters, respectively.
