This statistic displays the medium-term forecast of the global demand for fertilizer by nutrient to the period of 2027. It is forecast that the demand for nitrogen fertilizers will reach some 115 megatons by 2027. Increasing crop prices lead to increased fertilizer demands and has been especially noted in recent years in South Asia. Favorable weather also increases demand for fertilizers in major agricultural regions.
Medium-term forecast for global fertilizer demand to 2027, by nutrient
(in million metric tons)
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International Fertilizer Industry Association. (June 9, 2023). Medium-term forecast for global fertilizer demand to 2027, by nutrient (in million metric tons) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/
International Fertilizer Industry Association. "Medium-term forecast for global fertilizer demand to 2027, by nutrient (in million metric tons)." Chart. June 9, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/
International Fertilizer Industry Association. (2023). Medium-term forecast for global fertilizer demand to 2027, by nutrient (in million metric tons). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/
International Fertilizer Industry Association. "Medium-term Forecast for Global Fertilizer Demand to 2027, by Nutrient (in Million Metric Tons)." Statista, Statista Inc., 9 Jun 2023, https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/
International Fertilizer Industry Association, Medium-term forecast for global fertilizer demand to 2027, by nutrient (in million metric tons) Statista, https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/ (last visited November 23, 2024)
Medium-term forecast for global fertilizer demand to 2027, by nutrient (in million metric tons) [Graph], International Fertilizer Industry Association, June 9, 2023. [Online]. Available: https://www.statista.com/statistics/438964/medium-forecast-fertilizer-demand-globally-by-nutrient/