In 2023, China led the global export market for superphosphates, closely followed by Morocco and Israel. Significant growth was noted in countries like Thailand and Germany, with increases of 4.91% and 5.19% respectively. However, notable declines occurred in Lebanon by 3.61%, Belgium by 12.08%, and the United Arab Emirates with a significant drop of 40.86%. Morocco and the UK showed resilience with stable exports, each growing by 0.92% year-on-year. Over the past five years, the average growth trends have varied, highlighting differing competitive strategies across nations.
Future trends to watch include potential shifts in leading exporters due to market demand, geopolitical changes, and economic factors. Monitoring technological advances in production and export logistics will be crucial as they could influence long-term export capabilities and sustainability.
Top countries in Export of Superphosphates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 462,190,000 | 2023 | +0.98% | +0.19% | View data |
| 2 | 2 Morocco | 368,840,000 | 2023 | +1.64% | +0.92% | View data |
| 3 | 3 Israel | 238,700,000 | 2023 | +0.83% | +0.77% | View data |
| 4 | 4 Netherlands | 74,597,000 | 2023 | -0.24% | +1.43% | View data |
| 5 | 5 Egypt | 67,645,000 | 2023 | +3.01% | +0.58% | View data |
| 6 | 6 Lebanon | 54,355,000 | 2023 | -1.66% | -3.61% | View data |
| 7 | 7 Bulgaria | 31,167,000 | 2023 | -4.67% | -1.05% | View data |
| 8 | 8 Poland | 26,236,000 | 2023 | +4.01% | +2.19% | View data |
| 9 | 9 Spain | 14,966,000 | 2023 | +0.67% | +0.26% | View data |
| 10 | 10 Thailand | 10,068,000 | 2023 | +3.37% | +4.91% | View data |
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