In 2023, global exports of potassic fertilizers saw notable leaders in Canada, Belarus, and Russia. Canada led with a substantial export value, maintaining growth momentum with a slight 0.89% increase, while Russia experienced a robust surge at 6.64%. The United States saw a minor decline at -2.25%, and Germany also faced a downturn. Countries like Egypt, Denmark, and Switzerland showed positive export growth, with Denmark notably increasing by 13.01%. Argentina saw the most significant growth at 86.44%, whereas countries like Ivory Coast and Kyrgyzstan suffered sharp declines.
Over the next few years, expect shifts in market dynamics driven by geopolitical factors affecting Belarus and Russia, supply chain adjustments, and growing global demand for sustainable agricultural inputs. Monitoring emerging markets and advancements in fertilizer technology will provide critical insights into future export patterns.
Top countries in Export of Potassic Mineral or Chemical Fertilizers by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 5,170,700,000 | 2023 | +1.38% | +0.89% | View data |
| 2 | 2 Belarus | 2,900,600,000 | 2023 | +2.07% | +1.3% | View data |
| 3 | 3 Russia | 2,803,000,000 | 2023 | +0.74% | +6.64% | View data |
| 4 | 4 United States | 954,490,000 | 2023 | -0.021% | -2.25% | View data |
| 5 | 5 Germany | 915,270,000 | 2023 | -2.25% | -2.57% | View data |
| 6 | 6 Jordan | 535,460,000 | 2023 | +0.45% | -0.26% | View data |
| 7 | 7 Belgium | 326,460,000 | 2023 | +4.28% | +0.1% | View data |
| 8 | 8 Spain | 221,070,000 | 2023 | +0.39% | -0.57% | View data |
| 9 | 9 Netherlands | 127,800,000 | 2023 | -0.6% | +6.25% | View data |
| 10 | 10 Chile | 93,198,000 | 2023 | -12.64% | -12.45% | View data |
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