Report Update: May 1, 2024

World - Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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World Potash Prices

The world potash prices are subject to various factors and can experience fluctuations over time. Potash is a key nutrient used in fertilizer production and plays a crucial role in ensuring optimal crop growth and yield. The prices of potash are influenced by several factors, including supply and demand dynamics, production costs, global economic conditions, and government policies.

The supply of potash is primarily determined by the major producing countries, including Canada, Russia, Belarus, and China. These countries have significant reserves of potash and contribute to the global supply. Any disruptions in their production can have an impact on the market prices. In recent years, there has been a steady increase in potash production, which has contributed to a relatively stable supply.

The demand for potash is driven by the agricultural sector, particularly in countries with large populations and high agricultural output. Growing population and increasing food consumption patterns have led to higher demand for fertilizers, including potash. The demand for potash also depends on the price of other nutrients like nitrogen and phosphorus, as farmers often use fertilizers containing a combination of these nutrients.

The global economic conditions also play a role in determining potash prices. During periods of economic growth, there is typically higher demand for fertilizers, leading to increased prices. Conversely, during economic downturns, the demand may decrease, resulting in lower prices. Additionally, exchange rates and trade policies can impact the cost of potash in different countries.

Government policies and regulations can also influence potash prices. Some countries may impose export restrictions or taxes on potash to ensure availability for domestic consumption and control prices. These policies can affect the global potash market and lead to price fluctuations.

In recent years, the world potash prices have experienced moderate fluctuations. In 2012, there was a significant increase in prices due to strong demand from emerging economies and limited supply. However, prices declined in the following years due to increased production capacity and slower demand growth.

As of 2020, the average price of potash is around $250 to $300 per metric ton. The prices are expected to remain stable in the near future due to balanced supply and demand dynamics. However, any unexpected changes in production, demand, or government policies can have an impact on the prices.

Overall, the world potash prices are influenced by a combination of factors including supply and demand dynamics, production costs, global economic conditions, and government policies. Understanding these drivers is crucial for farmers, fertilizer producers, and other stakeholders in the agricultural sector to make informed decisions related to potash procurement and pricing.

This report provides an in-depth analysis of the global fertilizer market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4025 - Potassium nitrate
FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
FCL 4005 - Sodium nitrate
FCL 4023 - Monoammonium phosphate (MAP)
FCL 4001 - Urea
FCL 4002 - Ammonium sulphate
FCL 4003 - Ammonium nitrate (AN)
FCL 4006 - Urea and ammonium nitrate solutions (UAN)
FCL 4016 - Potassium chloride (muriate of potash) (MOP)
FCL 4021 - NPK fertilizers
FCL 4014 - Other phosphatic fertilizers, n.e.c.
FCL 4022 - Diammonium phosphate (DAP)
FCL 4027 - PK compounds
FCL 4024 - Other NP compounds
FCL 4008 - Other nitrogenous fertilizers, n.e.c.
FCL 4012 - Superphosphates above 35%
FCL 4013 - Superphosphates, other
FCL 4018 - Other potassic fertilizers, n.e.c.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Nutrien, Westfarmers, CF Industries, Mosaic, Saudi Arabian Fertilizer Company, Israel Chemicals, OCI, Coromandel, Chambal Fertilizers, Interpid Potash, Rashtriya Chemicals and Fertilizers, National Fertilizers, Mangalore Chemicals and Fertilizers, Southern Petrochemical Industries Corp, Uralchem, EuroChem, Agrium, BASF, Yara International, California Organic Fertilizers, Sigma AgriScience, Scotts Miracle-Gro Company, Terra Nitrogen Company, Trammo

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023