
Global Demand
Key drivers leading to an increase in demand for the Potash Industry in 2050:
(OECD Trade and Agriculture Directorate, 2012 Agricultural Investment Summit in London in July)
- An increase of urban dwellers by 3 billion people
- The world's cereal consumption to increase by 1 billion tonnes (~30% increase from 2011)
- The world's mean consumption to increase by 200 million tonnes
Global Fertilizer Consumption in 2011
(Potash Corp., 2012)
- China = 30%
- India = 16%
- North America = 14%
- Latin America = 12%
-
Other Asia (excluding India and China) = 12%
