The global export of potassium phosphates is dominated by China, with a significant increase of 4.06% year-on-year in 2023, indicating its strong presence in the market. Other notable exporters include Israel and Belgium, showing moderate growth. Conversely, countries such as Japan and South Korea experienced substantial declines. Emerging trends include strong growth in Greece and Switzerland, with Slovenia and Lebanon also seeing remarkable increases. Despite some countries experiencing a decline, the overall market demonstrated resilience with a mix of positive and negative trends across various regions.
Future trends to watch include the potential for increased export from smaller economies like Slovenia and Lebanon, supported by their current rapid growth rates. Additionally, the stabilization of exports from countries experiencing declines, such as Japan and South Korea, will be crucial for maintaining balanced global market dynamics. Monitoring changes in environmental regulations and technological advancements could further influence these trends.
Top countries in Export of Potassium Phosphates by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 182,580,000 | 2023 | +3.97% | +4.06% | View data |
| 2 | 2 Israel | 25,006,000 | 2023 | +1.3% | +2.09% | View data |
| 3 | 3 Belgium | 21,291,000 | 2023 | +1.32% | +3.18% | View data |
| 4 | 4 United States | 16,540,000 | 2023 | +4.9% | +2.19% | View data |
| 5 | 5 Germany | 9,763,600 | 2023 | +1.24% | +1.03% | View data |
| 6 | 6 Thailand | 9,675,500 | 2023 | +5.03% | +5.07% | View data |
| 7 | 7 Mexico | 8,320,200 | 2023 | +0.98% | +1.43% | View data |
| 8 | 8 Singapore | 1,459,600 | 2023 | -0.57% | -3.3% | View data |
| 9 | 9 Malaysia | 1,171,400 | 2023 | -1.33% | -0.42% | View data |
| 10 | 10 Greece | 1,120,500 | 2023 | +6.9% | +8.06% | View data |
