In 2023, China dominated the global export of potassium phosphates with over 51% share, reflecting a steady increase. Israel and Belgium followed, albeit with much smaller shares. While countries like South Africa and Ireland showed significant growth, others like Japan and Argentina saw declines. This mixed trend signifies shifting dynamics in global trade.
Looking into the future, strategic shifts could arise from increasing demand for agricultural outputs and technological advancements in key exporting countries. Monitoring geopolitical impacts, particularly changes in trade policies and restrictions, will also be crucial in predicting future trends in potassium phosphates exports.
Top countries in Export of Potassium Phosphates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.08 | 2023 | +3.75% | +3.22% | View data |
| 2 | 2 Israel | 12.14 | 2023 | +2.45% | +0.59% | View data |
| 3 | 3 Belgium | 8.66 | 2023 | +1.2% | +2.4% | View data |
| 4 | 4 Germany | 7.44 | 2023 | +1.62% | +1.25% | View data |
| 5 | 5 United States | 6.68 | 2023 | +4.72% | +2.97% | View data |
| 6 | 6 Mexico | 3.76 | 2023 | +1.83% | +2.51% | View data |
| 7 | 7 Thailand | 3.58 | 2023 | +4.74% | +4.63% | View data |
| 8 | 8 Netherlands | 0.52 | 2023 | -3.94% | -2.99% | View data |
| 9 | 9 Greece | 0.39 | 2023 | +6.87% | +7.37% | View data |
| 10 | 10 South Africa | 0.38 | 2023 | +4.42% | +9.84% | View data |
