Key Market Indicators
Botswana's phosphate imports are set to reach $9.2 billion by 2026, a drop of 8% each year on average since 2021. Since 2005, the country's demand for phosphate has skyrocketed by 95%. In 2021, Botswana was ranked 81st in the world for phosphate imports, with Singapore coming in first at $14.9 billion. The United States, Indonesia, and Lithuania were the next three biggest importers.