Potash Market Overview

Potash is a key plant nutrient, critical to increasing food production and quality over a broad range of crops. There are various crop production factors necessary to achieving higher yields and balanced fertilization is the main factor required to achieve a higher yield. Over 90% of potash production goes into fertilizer applications and, as a result, agriculture is the primary driver for potash demand.

Currently global potash demand totals approximately 60 million tonnes per year. Demand growth is a result of population and economic growth, increasing consumption, a shift to more protein-based diets, limited arable land, and increasing crop yields.

 

The World Needs Potash