World fertilizer trends and outlook to 2019
[Pages:38]World fertilizer trends and outlook to 2019
SUMMARY REPORT
World fertilizer trends and outlook to 2019
SUMMARY REPORT
FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS - Rome, 2016
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? FAO, 2016
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Contents
List of figures.......................................................................................................... iv List of tables........................................................................................................... iv
Preface
v
Summary
vi
the world fertilizer outlook
1
Demand ............................................................................................................... 2
Supply.................................................................................................................. 3
Supply/demand balances ............................................................................. 4
Annexes 1. World and regional nitrogen fertilizer demand forecast........................................ 7 2. World and regional phosphate fertilizer demand forecast ................................... 8 3. World and regional potash fertilizer demand forecast ......................................... 9 4. World and regional nitrogen supply, demand and balance................................ 10 5. World and regional phosphate supply, demand and balance............................ 14 6. World and regional potash supply, demand and balance.................................. 19 7. Technical notes on supply, demand and balances............................................ 23 8. Regional classification of countries and territories............................................. 25
iii
World fertilizer trends and outlook to 2019
List of Figures
Figure 1. Global nutrients (N+P2O5+K2O) consumption.......................................... 2 Figure 2. Regional and sub-regional nutrient balances 2019.................................. 5
List of Tables
Table 1. World demand for fertilizer nutrients, 2015?2019.................................... 3 Table 2. World supply of ammonia,
phosphoric acid and potash, 2015?2019............................................... 3 Table 3. World potential balance of nitrogen,
phosphate and potash, 2015?2019 ....................................................... 4
iv
The world fertilizer outlook
Preface
This report presents the world nitrogen phosphate and potassium fertilizer medium-term supply and demand projections for the period 2015-2019. The FAO/Fertilizer Organizations Working Group met in June 2015 to review the prospects for fertilizer demand and supply and prepared the forecasts.
The Working Group comprised: ?? Fertilizers Europe (unable to attend) ?? Fertiliser Association of India ? FAI ?? International Fertilizer Industry Association ? IFA ?? International Center for Soil Fertility and Agricultural Development ? IFDC ?? K+S KALI GmbH ? K+S ?? The Fertilizer Institute ? TFI ?? Food and Agriculture Organization of the United Nations ? FAO
FAO in collaboration with experts from the Working Group dealing with fertilizer production consumption and trade annually provides five-year forecasts of world and regional fertilizer supply demand and potential balance. The contributions made by the members of the Working Group and preparation of the FAO baseline data by Simona Mosco and Francesco Tubiello from the FAO Statistics Division are gratefully acknowledged. The document was prepared by Robert Mayo, and his contribution is sincerely acknowledged. The document was prepared under the supervision of Caterina Batello, Senior Officer FAO and overall direction by Clayton Campanhola, Director Plant Production and Protection Division FAO.
v
World fertilizer trends and outlook to 2019
Summary
World fertilizer nutrient (N+P2O5+K2O) consumption is estimated to reach 186.6 million tonnes in 2015, up by 1.1 percent over 2014. World demand for total fertilizer nutrients is estimated to grow at 1.6 percent per annum from 2015 to 2019. The demand for nitrogen, phosphate, and potash is forecast to grow annually by 1.2, 2.0 and 2.5 percent, respectively, during the period. Over the next five years, the global capacity of fertilizer products, intermediates and raw materials will increase further. The global total nutrient capacity (N+P2O5+K2O) was 284 million tonnes in 2014, out of which the total supply was 240 million tonnes. During 2015, the total capacity is expected to increase by 2.9 percent and supply would grow by 1.6 percent. Over the next five years, global capacity and production of fertilizers would increase further.
vi
The world fertilizer outlook
1
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