Key Market Indicators
By 2026, Spanish fertilizer imports are forecast to reach nearly 941,000 metric tons, up 1.7% from 2021. Since 2007, the country has seen a 7.4% annual increase in demand. In 2021, Brazil overtook Spain as the third-largest importer, followed by Thailand. Exports are expected to hit 447,300 metric tons by 2026, a 3% yearly increase. Since 2007, Spanish exports have grown 11.3% annually. Poland surpassed Spain in 2021 as the ninth-largest exporter, followed by Norway, Belgium and Finland.