A World-Class Investment in Food Security slide image

A World-Class Investment in Food Security

Brazil Is The Largest Global Importer of Potash Highlights Second largest potash market globally >95% reliant on imports for supply of Potash (MOP) Brazil potash (MOP) consumption projected to grow at 5.2% annually to 20261 Brazilian soils require constant potassium replenishment Brazilian MOP Imports by Source (2021) % Germany Other 4% 9% Israel 7% 12.6 Mt Belarus 19% Canada 33% Russia 28% % 2021 MOP Imports by Country Others 18% Europe & CIS 12% 56.2 Mt Indonesia & Malaysia 11% India 6% China 13% Brazil 22% 20 Brazilian Potash Consumption Million tonnes; % 15 10 North America 5 18% Source: CRU, Management; Notes: (1) Based on CRU outlook published May 2022 (2) In 2021 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 National Production 2017 ■ >80% of global consumption is met by imports² ■ 80% of global imports are from Canada, Russia and Belarus Producing countries are exporters Mosaic is the biggest local producer and their mine is projected to close in 2026 due to declining reserves 2018 2019 2020| 2021 2022 National Production 2023 2024 2025 Imports 2026 BRAZIL POTASH 20% 15% 10% 5% 0% 12 12
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