a quick Wiki shows Agriculture in Lebanon is the third most productive sector in the country after the tertiary and industrial sectors. It contributes 3.6% to GDP and employs around 4% of the active working population.
Is it feasible for a subset of 216,000 people to steal this chemical rampantly over five years? absolutely. it never goes bad, and you can trade it with neighboring farmers almost like a barter system for things like seed, dung and tractor parts. Should you ever store it? absolutely not, but im willing to venture Lebanese farmers arent millionires and dont really care.
if just 300 people strated looting this chemical theyd only need 20 pounds a piece. theres 3000 tonnes right there.
TL;DR: i do not think this is being used to make explosives.