The global export market for natural phosphates is dominated by Morocco, with a leading export value of $845.16 million. Notable growth is observed in Peru (2.34% YoY) and Kazakhstan (4.98% YoY), while Morocco exhibits a subtle decline (-0.91% YoY). Other significant exporters include Jordan and Russia, each maintaining stable growth rates. Singapore stands out with a remarkable increase (21.48% YoY), while Israel and China experienced decreases (-8.93% and -14.58% YoY, respectively).
For future trends, watch for:
- Potential impacts of geopolitical tensions on Russia's export capacity.
- Environmental regulations influencing phosphate mining and refining processes.
- Technological advancements in agriculture that might alter global phosphate demand.
- The possibility of new players entering the market, particularly from Africa and South America.
Top countries in Export of Natural Phosphates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Morocco | 845,160,000 | 2023 | -0.62% | -0.91% | View data |
| 2 | 2 Jordan | 378,250,000 | 2023 | -0.099% | +0.51% | View data |
| 3 | 3 Russia | 345,400,000 | 2023 | +0.77% | +1.52% | View data |
| 4 | 4 Peru | 259,920,000 | 2023 | +1.65% | +2.34% | View data |
| 5 | 5 Egypt | 158,150,000 | 2023 | +0.37% | +0.52% | View data |
| 6 | 6 Kazakhstan | 54,312,000 | 2023 | +4.43% | +4.98% | View data |
| 7 | 7 Senegal | 40,939,000 | 2023 | +2.89% | +7.07% | View data |
| 8 | 8 Israel | 20,819,000 | 2023 | -17.15% | -8.93% | View data |
| 9 | 9 China | 19,244,000 | 2023 | -16.99% | -14.58% | View data |
| 10 | 10 South Africa | 14,475,000 | 2023 | +6.49% | +0.49% | View data |
