Key Market Indicators
Belgium's fertilizer import is expected to reach just under 300,000 metric tons by 2026, up from 285,160 metric tons in 2021. This represents a growth of 0.3% year-on-year, compared to a 4.7% increase since 2007. In 2021, the country ranked 19th, with the Philippines ahead by just a few tons. Brazil, Spain, and Thailand followed in that order. Belgian fertilizer export is also set to increase, reaching 1.8 million metric tons by 2026, from 1.768 million in 2021. This growth rate of 0.3% year-on-year is slightly lower than the 3% increase since 2007. In 2021, Norway took the lead, followed by Belgium, and Finland in third and fourth place respectively.