Key Market Indicators
Australia's phosphate imports are predicted to reach around $47.5 million by 2026, a 1% decrease compared to 2021. The country was 13th in the global ranking in 2021, behind South Korea ($50.3 million). The United States, Indonesia and Lithuania ranked 2nd, 3rd and 4th, respectively. In 2017, Australia's phosphate exports fell to $11.6 million, a 34.6% drop compared to the previous year. Since 1993, supply has decreased by an average rate of 14.3% year-on-year.