The top importers of fertilizers in 2024 are Brazil, the United States, and India, with Brazil leading at $6.0 billion. Year-on-year, Brazil saw a growth compared to the previous year, continuing its upward trend. The United States and India follow, with India showing notable growth over the past two years. China and France have remained stable with modest increases. The last five years indicate a compounded annual growth rate (CAGR) increase for all these countries, highlighting an escalating demand for fertilizers globally.
Future trends to watch include shifting market dynamics driven by climate change and sustainability efforts. Emerging technologies and geopolitical shifts might also alter trade patterns. Strategic shifts towards sustainable farming practices could impact fertilizer imports significantly in these countries.
Top countries in Top Importers of Fertilizers
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Brazil | 6,000 | 2016 | |
| 2 | 2 United States | 5,780 | 2016 | |
| 3 | 3 India | 4,590 | 2016 | |
| 4 | 4 China | 2,410 | 2016 | |
| 5 | 5 France | 1,870 | 2016 | |
| 6 | 6 Indonesia | 1,560 | 2016 | |
| 7 | 7 Turkey | 1,280 | 2016 | |
| 8 | 8 Australia | 1,260 | 2016 | |
| 9 | 9 Mexico | 1,240 | 2016 | |
| 10 | 10 Germany | 1,170 | 2016 |
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