A World-Class Investment in Food Security
Potash Is A Large, Growing Market With A Concentrated Supply Side
Expected Long term Potash Demand
Global Potash Supply Profile
Million Tonnes of KCI (Mt)
2020-2045
CAGR
Million Tonnes (Mt)
28
26
South
America
Row
3.7%
24
Chile
22
Rest of Asia
2.9%
20
Jordan
East Asia
2.5%
18
Israel
16
14
Germany
North &
12
Central
0.8%
China
10
America
8-
Europe & CIS
0.5%
Belarus
6
Russia
4
Africa
3.9%
2
Canada
0
Oceania
0.7%
2000 2005 2010 2015 2020 2025 2030 2035 2040 2045
0
10
20
% of Global
KCI Exports
3%
1%
4%
6%
6%
0%
22%
20%
39%
30
South America one of largest potash growth regions
Brazil is responsible for majority of South American
consumption
Global demand projected to grow at ~1.7% CAGR³ with the
bulk coming from S. America with projected ~3.7% CAGR³
Supply has generally grown at a similar ‘lumpy' rate, leaving
periods of time when the market is short
Over 40% of world's current potash supply in jeopardy
Supply is highly concentrated between 3 nations
Together, Russia and Belarus account for the largest portion
of exports, globally
Punitive Western sanctions will affect trade-flows for an
unknown duration of time, boosting operating rates
Source: CRU; Notes: (1) Source data in K₂O & converted to KCI at conversion factor of 0.61
BRAZIL
9
POTASHView entire presentation