Based on the data from 2023, Morocco remains the largest exporter with a 36.75% share, although it experienced a slight year-on-year decline of 0.91%. Significant growth was observed in Kazakhstan (4.98%), Senegal (7.07%), Singapore (21.48%), Costa Rica (88.79%), and Switzerland (15.48%). In contrast, countries like Israel (-8.93%), China (-14.58%), Belgium (-27.83%), Macedonia (-16.93%), and Denmark (-6.46%) showed notable declines.
Future Trends to Watch
Future trends to watch include shifts in production capabilities and technological advancements in high-growth regions like Kazakhstan and Senegal, which could further increase their market share. Attention should also be given to countries experiencing rapid growth such as Singapore and Costa Rica, as they may emerge as more significant players in the global natural phosphates market.
Top countries in Export of Natural Phosphates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Morocco | 36.75 | 2023 | -0.62% | -0.91% | View data |
| 2 | 2 Jordan | 16.45 | 2023 | -0.099% | +0.51% | View data |
| 3 | 3 Russia | 15.02 | 2023 | +0.77% | +1.52% | View data |
| 4 | 4 Peru | 11.3 | 2023 | +1.65% | +2.34% | View data |
| 5 | 5 Egypt | 6.88 | 2023 | +0.37% | +0.52% | View data |
| 6 | 6 Kazakhstan | 2.36 | 2023 | +4.43% | +4.98% | View data |
| 7 | 7 Senegal | 1.78 | 2023 | +2.89% | +7.07% | View data |
| 8 | 8 Israel | 0.91 | 2023 | -17.15% | -8.93% | View data |
| 9 | 9 China | 0.84 | 2023 | -16.99% | -14.58% | View data |
| 10 | 10 South Africa | 0.63 | 2023 | +6.49% | +0.49% | View data |
