Key Market Indicators
Japanese phosphate imports are expected to drop by an average of 30.4% a year over the next five years. In 2021, imports were worth $28 million, down from $40 million in 1993. This puts Japan in eighteenth place in the world rankings, with Lebanon taking the lead at $28 million. The US, Indonesia, and Lithuania follow in second, third and fourth place respectively. In 2019, Japan fell to forty-ninth in the world rankings, with Lithuania leading at $3.7 million. Jordan, Russia, and Peru came in second, third, and fourth place respectively.
