China dominates the global export market for potassium phosphates, showing a consistent upward trend with a year-on-year increase. Other key players include Israel, Belgium, and Germany, all demonstrating modest growth. South Africa and Ireland display notable increases, indicating emerging exporters. However, some countries like Argentina and Austria have experienced significant declines. The overall compound annual growth rate reveals a general positive trend, with variation across countries.
Future trends to watch include the potential for South Africa and Ireland to expand their market share, while countries with declining exports may need strategic interventions to stabilize. Additionally, shifts in global agricultural demand and supply chain changes can further impact the market dynamics.
Top countries in Export of Potassium Phosphates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 192,760,000 | 2023 | +3.75% | +3.22% | View data |
| 2 | 2 Israel | 45,813,000 | 2023 | +2.45% | +0.59% | View data |
| 3 | 3 Belgium | 32,681,000 | 2023 | +1.2% | +2.4% | View data |
| 4 | 4 Germany | 28,074,000 | 2023 | +1.62% | +1.25% | View data |
| 5 | 5 United States | 25,220,000 | 2023 | +4.72% | +2.97% | View data |
| 6 | 6 Mexico | 14,198,000 | 2023 | +1.83% | +2.51% | View data |
| 7 | 7 Thailand | 13,507,000 | 2023 | +4.74% | +4.63% | View data |
| 8 | 8 Netherlands | 1,975,900 | 2023 | -3.94% | -2.99% | View data |
| 9 | 9 Greece | 1,473,700 | 2023 | +6.87% | +7.37% | View data |
| 10 | 10 South Africa | 1,451,300 | 2023 | +4.42% | +9.84% | View data |
