Key Market Indicators
Lithuania's phosphate import is set to reach nearly $176 million by 2026. In 2021, the country was number 4 in the ranking with $174.9 million. This represents a 0.1% average year-on-year growth since 1999, when the demand had decreased by 0.4%. Indonesia overtook Lithuania with $174.9 million. The United States, Indonesia and Lithuania respectively ranked numbers 2, 3 and 4. Lithuania's phosphate export was close to $4,000 in 2018, up 19,840% from 2017 when it was only $20. Since 1999, the supply has decreased 72% year-on-year. In 2018, Lithuania was number 48 in the ranking and Romania overtook with $3,990. Jordan, Russia and Peru respectively ranked numbers 2, 3 and 4.