A World-Class Investment in Food Security
Crop Area & Yields Need to Rise Increasing The Need for Potash
Growing Population
Population set to reach 9B people by 2045
Increasing Calorie Consumption
Calorie consumption increases with income
per capita
Requires More Global Crop Production
Crop production must increase to meet
growing population and calorie consumption
3. Global crop production, billion tonnes
1. Global population, billions
10
9 billion
by 2045
2. Average calorie consumption per capita
4.000
Maximum average calorie consumption
14
8
■South America
Rest of the World
12
0.8%
6
CAGR
1.9%
4
2
0
3.000
Average calorie consumption
200
10
8
18%
2.000
Minimum average calorie consumption
6
South America =
9% global production
1992
1995
1998
2001
2004
2007
2010
2013
2016
2019
1.000
2022
2040
2043
1992
1995
420
1961
1965
1969
1973
1977
1981
1985
1989
1993
1997
2001
2005
2009
2013
2017
2021
2025
2029
2033
2037
2041
2045
Crop Areas & Yields Need to Rise
Global Yields need to rise from 6.0t/ha in 2020
to 7.2 t/ha in 2045
4. Crop area and yields
Crop area, billion hectares (LHA)
1,8
8,0
1,6
1,4
1,2
10
1,0
1992
1995
1998
2001
2004
Crop yield, t/ha (RHA)
2007
2010
2013
2016
2019
2022
2025
2028
2031
2034
2037
2040
2043
7,0
6,0
5,0
40
4,0
Fertilizer is Key to Increasing Yields
Strong relationship between crop yields and
fertilizer consumption
5. Yield vs Potash consumption relationship
60
50
40
Potash consumption, Mt
Ngg
30
Historic relationship
2045 projection
☑
& More Fertilizer is Needed
Global fertilizer demand is set to grow from
201.9mmt in 2021 to 247.9mmt in 2045
6. Long term fertilizer demand, Mt
300
250
200
150
100
50
0
0
4,0
5,0
6,0
Global crop yield
7,0
8,0
20
10
■N Mt
■ P205 Mt
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
■ K20 Mt
2022
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
(1) Sources: CRU, USDA, FAO, IFA
BRAZIL
POTASH
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