SLIDE 3 World potassium supply and demand
- Potassium (K) is one of three key nutrients
necessary for plant growth (NPK)
- 93% of mined potassium goes for fertiliser
production
- Global reserves of potassium are estimated at
about 3.7 billion tonnes and the current production rates meet global demand patterns
- Global reserves of potassium are not
immediately scarce, estimated reserves will last for the next 400 years at the current consumption rate
31,100 29,100 34,600 35,000 20,800 33,700 36,400 32,700 34,500 38,800 38,800 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015e
World potash production, thousand tonnes
31,973 32,802 33,629 34,452 35,257 30,000 31,000 32,000 33,000 34,000 35,000 36,000 2015 2016 2017 2018 2019
World potash demand, thousand tonnes