The global export market for potassic mineral or chemical fertilizers in 2023 saw Canada leading with a significant share, followed by Belarus and Russia. Notable changes from 2022 include strong growth in Russia and the Netherlands, while the United States and Germany experienced declines. Emerging markets like Argentina showed dramatic year-on-year growth, albeit from a low base. The industry faced variations with substantial gains in Serbia and Switzerland, countered by decreases in Poland and Singapore.
Future trends will likely be shaped by geopolitical shifts influencing Belarus and Russia, sustainability concerns driving alternative sources, and potential disruptions due to economic fluctuations affecting global trade patterns.
Top countries in Export of Potassic Mineral or Chemical Fertilizers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 34.98 | 2023 | +1.38% | +0.89% | View data |
| 2 | 2 Belarus | 19.62 | 2023 | +2.07% | +1.3% | View data |
| 3 | 3 Russia | 18.96 | 2023 | +0.74% | +6.64% | View data |
| 4 | 4 United States | 6.46 | 2023 | -0.021% | -2.25% | View data |
| 5 | 5 Germany | 6.19 | 2023 | -2.25% | -2.57% | View data |
| 6 | 6 Jordan | 3.62 | 2023 | +0.45% | -0.26% | View data |
| 7 | 7 Belgium | 2.21 | 2023 | +4.28% | +0.1% | View data |
| 8 | 8 Spain | 1.5 | 2023 | +0.39% | -0.57% | View data |
| 9 | 9 Netherlands | 0.86 | 2023 | -0.6% | +6.25% | View data |
| 10 | 10 Chile | 0.63 | 2023 | -12.64% | -12.45% | View data |
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