Key Market Indicators
Spain imported $14 million of phosphate in 2021, a 5.8% drop from 2020's $14.9 million. This marks the lowest demand since 1994, when it was 19.1% below the previous year. Malaysia was the top importer at $14 million, while Spain was 25th. The United States, Indonesia and Lithuania took the next three spots. Spain exported $347,000 worth of phosphate in 2021, a 3% drop from 2020's $347,000. This marks the highest supply since 1994, when it was 13.1% higher than the previous year. Canada was the top exporter at $347,000, while Spain was 25th. Jordan, Russia and Peru were the next three spots.
