In 2023, China led the global export of superphosphates, contributing 32.87% of the total market share in US dollars. Morocco and Israel followed, with shares of 26.23% and 16.97% respectively. Notably, Germany experienced a significant year-on-year increase of 5.19%, signaling growth potential. Conversely, countries like Lebanon and Belgium saw notable declines, with variations of -3.61% and -12.08% respectively.
Future trends to watch may include further expansion by countries experiencing positive growth rates, such as Thailand and Germany. Additionally, the market could see a shift as emerging markets or policy changes impact global trade dynamics.
Top countries in Export of Superphosphates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32.87 | 2023 | +0.98% | +0.19% | View data |
| 2 | 2 Morocco | 26.23 | 2023 | +1.64% | +0.92% | View data |
| 3 | 3 Israel | 16.97 | 2023 | +0.83% | +0.77% | View data |
| 4 | 4 Netherlands | 5.3 | 2023 | -0.24% | +1.43% | View data |
| 5 | 5 Egypt | 4.81 | 2023 | +3.01% | +0.58% | View data |
| 6 | 6 Lebanon | 3.87 | 2023 | -1.66% | -3.61% | View data |
| 7 | 7 Bulgaria | 2.22 | 2023 | -4.67% | -1.05% | View data |
| 8 | 8 Poland | 1.87 | 2023 | +4.01% | +2.19% | View data |
| 9 | 9 Spain | 1.06 | 2023 | +0.67% | +0.26% | View data |
| 10 | 10 Thailand | 0.72 | 2023 | +3.37% | +4.91% | View data |
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