Key Market Indicators
Hungary’s phosphate imports are projected to sink to $4,730 by 2026, plummeting by 45.3% annually on average. This is a sharp drop from 2021’s $113,960, when Hungary held the 66th spot on the list – Malawi took the lead with $113,960. The US, Indonesia, and Lithuania were the top three. Meanwhile, Hungary’s phosphate exports took a dive in 2018, dropping to $104 from $173 in 2017 – a 39.9% decrease. Since 2015, Hungarian supply has diminished by 6.4% each year. In 2018, Hungary was in 57th place, with Lebanon ahead at $104. Jordan, Russia, and Peru followed in the top four spots.
