Modeling with New Disclosures Linking Price & Drivers to Financial Results slide image

Modeling with New Disclosures Linking Price & Drivers to Financial Results

Demand Growth vs. Mosaic's Volumes Mm tonnes Global K shipments Mosaic tonnes sold Percent share Global P shipments Mosaic tonnes sold (1) Percent share ● 2015 61.7 7.93 12.85 ● 67.6 9.35 13.83 ● 2016 60.8 7.78 12.80 70.3 9.68 13.77 2017 65.0 8.60 13.23 71.6 9.46 13.21 2018 67.0 8.78 13.10 Mosaic expects to be capacity constrained (5) Considerations for 2021 phosphates volumes: Mosaic expects to be capacity constrained. Over time, expect improved efficiencies and recovery rates to increase operating capacity The majority of new greenfield projects have completed their ramp up 72.2 8.39 11.62 (2) (1) Phosphates tonnes sold reflect finished tonnes only. (2) 2018 was the first full-year Plant City phosphates production was idled. (3) Mosaic's weighting in North America meant volumes were significantly impacted by North American weather. (4) Considerations for 2021 potash volumes: 2019 65.2 7.84 12.02 (3) 70.7 8.18 11.57 2020 67.5 9.40 13.92 72.5 8.53 11.76 2021 68.0 - 70.5 Note (4) 76.0 78.0 Note (5) Mosaic 19
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