Phosphate fertilizers are essential for agricultural production, as they promote crop growth and enhance both yield and quality, thereby ensuring food security. Against the backdrop of global population growth, a stable supply of phosphate fertilizers plays a critical role in safeguarding global food security.
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Brazil is mostly an importing country of phosphate fertilizers, with around 80% of local consumption met by imported products, mainly from countries such as Morocco, Russia, China and Egypt. In 2024, China kept limiting production capacity expansion and output, leading to a gap of import volume from China to Brazil.