Key Market Indicators
Pakistan's phosphate import and export are both predicted to increase in the coming years. Imports are set to reach around $41 million by 2026, growing at an annual rate of 0.2% since 2021. The country ranked 17th in 2021, with Japan coming first at $40.4 million. The US, Indonesia and Lithuania followed in second, third and fourth place respectively. Exports are expected to hit $2 million by 2026, increasing at an average of 2.2% year on year since 2021. Pakistan came 16th in 2021, with Austria leading the table at $1.7 million. Jordan, Russia and Peru occupied second, third and fourth place respectively.