Concentration in the fertilizer industry

International Food Policy Research Institute (IFPRI)
International Food Policy Research Institute (IFPRI)International Food Policy Research Institute (IFPRI)
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
IFPRI – AMIS SEMINAR SERIES
Market Concentration in the Grain Industry
Delphine Leconte-Demarsy, AMIS
Sep 7, 2023
Concentration
in the fertilizer industry
Concentration in the fertilizer industry – Sep 7th, 2023
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
The importance of fertilizers for food production
Source: IFA
Concentration in the fertilizer industry – Sep 7th, 2023
• Mineral fertilizers replace nutrients removed with the harvest
• Half of global food production relies on fertilizer applications
• Macronutrients: Nitrogen (N), Phosphate (P), Potash (K)
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
Market concentration
Source: AMIS, USDA, FAO, IFA
Concentration in the fertilizer industry – Sep 7th, 2023
• Most fertilizer supply is concentrated in a reduced number of countries
• Phosphate and potash supply are comparatively more concentrated than nitrogen supply
• Fertilizer trade is similarly concentraded
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
Concentration of supply by geography
Source: AMIS estimates for fertilizer production - 2021
N: Urea P: DAP & MAP K: MOP
Concentration in the fertilizer industry – Sep 7th, 2023
• Three suppliers make up for 52% of urea supply, 74% of DAP/MAP supply and 81% of potash supply
• Nitrogen is captured from the air, production relies on source of energy (coal, natural gas)
• Phosphate and potash fertilizer production rely on the presence of phosphate and potash deposits
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
Major industrial players reflect country distribution
Source: Yara, AMIS
Concentration in the fertilizer industry – Sep 7th, 2023
Company name Location
CF Industries Illinois, USA
Yara Oslo, Norway
Nutrien Saskatoon, Canada
Ostchem Donetsk, Ukraine
OCI Amsterdam, Netherlands
TogliattiAzot Tolyatti, Russia
Koch Wichita, USA
Eurochem Zug, Switzerland
Guizhou Phosphorus Chemical group Guizhou, China
Nutrien Saskatoon, Canada
Mosaic Tampa, USA
OCP Casablanca, Morocco
Ma'aden Riyadh, Saudi Arabia
Phosagro Moscow, Russia
Nutrien Saskatoon, Canada
Mosaic Tampa, USA
Belaruskali Minsk, Belarus
Uralkali Berezniki, Russia
K+S Kassel, Germany
Nitr
oge
n
Phosphates
Potash
• Fertilizer majors are headquartered in the main producing countries
• Some players are focused on one nutrient while others are present on different markets
• Increasing geographical and vertical integration
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
As concentration increases, volatility decreases
Source: World Bank, AMIS
Concentration in the fertilizer industry – Sep 7th, 2023
• Despite different supply, fertilizer price trends are linked and connected to global commodities
• As potash buyers have less supply options, they are price takers
• Fertilizer markets are sensitive to supply shocks
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
Impacts on fertilizer use are complex
Concentration in the fertilizer industry – Sep 7th, 2023
Source: AMIS, IFA
• Nitrogen is the most used nutrient each year
• Phosphate and potash reserves in the soil allow to skip applications to some extent
• Some crops are more reliant on fertilizer use
• Reliance on fertilizer uses depend on countries
Estimates of Nutrient Use in 2022(million tons nutrients) and variation compared to 2020
Fertilizer year
2022 105.3 -5% 45.5 -9% 34.4 -12% 185.2 -5%
N P K Total
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
Thank you!
delphine.lecontedemarsy@fao.org
Concentration in the fertilizer industry – Sep 7th, 2023
23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome
71st Session of the Committee on Commodity Problems
Side Event: Rome, 6 October 2016
1 von 9

Recomendados

Yara Fertilizer Industry Handbook von
Yara Fertilizer Industry HandbookYara Fertilizer Industry Handbook
Yara Fertilizer Industry HandbookYara International
10.9K views91 Folien
Towards the implementation of the Fertilizer Code at the global level von
Towards the implementation of the Fertilizer Code at the global levelTowards the implementation of the Fertilizer Code at the global level
Towards the implementation of the Fertilizer Code at the global levelSoils FAO-GSP
330 views20 Folien
Nutrients: the foundation of food sustainability - Sustainable Food & Beverag... von
Nutrients: the foundation of food sustainability - Sustainable Food & Beverag...Nutrients: the foundation of food sustainability - Sustainable Food & Beverag...
Nutrients: the foundation of food sustainability - Sustainable Food & Beverag...European Sustainable Phosphorus Platform
567 views22 Folien
ECSM’2019: European Conference on Sludge Management von
ECSM’2019: European Conference on Sludge Management ECSM’2019: European Conference on Sludge Management
ECSM’2019: European Conference on Sludge Management European Sustainable Phosphorus Platform
2.3K views54 Folien
What does agronomic science tell us about the value to farmers and to soil of... von
What does agronomic science tell us about the value to farmers and to soil of...What does agronomic science tell us about the value to farmers and to soil of...
What does agronomic science tell us about the value to farmers and to soil of...European Sustainable Phosphorus Platform
496 views19 Folien

Más contenido relacionado

Similar a Concentration in the fertilizer industry

Market Analysis Report on Global Water Soluble Fertilizers 2017 von
Market Analysis Report on Global Water Soluble Fertilizers 2017Market Analysis Report on Global Water Soluble Fertilizers 2017
Market Analysis Report on Global Water Soluble Fertilizers 2017Hari Shankar
2.9K views34 Folien
Industry analysis of Fertilizer von
Industry analysis of FertilizerIndustry analysis of Fertilizer
Industry analysis of FertilizerAe Bzz
280 views10 Folien
What to do with the phosphorus - a European perspective - European Waste Wate... von
What to do with the phosphorus - a European perspective - European Waste Wate...What to do with the phosphorus - a European perspective - European Waste Wate...
What to do with the phosphorus - a European perspective - European Waste Wate...European Sustainable Phosphorus Platform
229 views23 Folien
CIAT cassava program in Asia von
CIAT cassava program in AsiaCIAT cassava program in Asia
CIAT cassava program in AsiaJonathan Newby
294 views75 Folien
Overview of LEAP activities von
Overview of LEAP activitiesOverview of LEAP activities
Overview of LEAP activitiesFAO
529 views22 Folien
Organic-based fertiliser markets and the circular economy - Chris Thornton - ... von
Organic-based fertiliser markets and the circular economy - Chris Thornton - ...Organic-based fertiliser markets and the circular economy - Chris Thornton - ...
Organic-based fertiliser markets and the circular economy - Chris Thornton - ...European Sustainable Phosphorus Platform
403 views9 Folien

Similar a Concentration in the fertilizer industry(20)

Market Analysis Report on Global Water Soluble Fertilizers 2017 von Hari Shankar
Market Analysis Report on Global Water Soluble Fertilizers 2017Market Analysis Report on Global Water Soluble Fertilizers 2017
Market Analysis Report on Global Water Soluble Fertilizers 2017
Hari Shankar2.9K views
Industry analysis of Fertilizer von Ae Bzz
Industry analysis of FertilizerIndustry analysis of Fertilizer
Industry analysis of Fertilizer
Ae Bzz280 views
Overview of LEAP activities von FAO
Overview of LEAP activitiesOverview of LEAP activities
Overview of LEAP activities
FAO529 views
Technical paper on Enhansed fertilizers U+AS and U+S Page 103 116 Sandvik - s... von KVVKSwamy
Technical paper on Enhansed fertilizers U+AS and U+S Page 103 116 Sandvik - s...Technical paper on Enhansed fertilizers U+AS and U+S Page 103 116 Sandvik - s...
Technical paper on Enhansed fertilizers U+AS and U+S Page 103 116 Sandvik - s...
KVVKSwamy1.3K views
Fertilizer policies and pricing of NPK in India von HARISH Kumar H R
Fertilizer policies and pricing of NPK in IndiaFertilizer policies and pricing of NPK in India
Fertilizer policies and pricing of NPK in India
HARISH Kumar H R2.3K views
Presentation of European Sustainable Phosphorus Platform - EUBCE2019 von SALTGAEProject
Presentation of European Sustainable Phosphorus Platform - EUBCE2019Presentation of European Sustainable Phosphorus Platform - EUBCE2019
Presentation of European Sustainable Phosphorus Platform - EUBCE2019
SALTGAEProject55 views
Bayer CropScience Annual Press Conference 2014 von Bayer Crop Science
Bayer CropScience Annual Press Conference 2014Bayer CropScience Annual Press Conference 2014
Bayer CropScience Annual Press Conference 2014
Bayer Crop Science7.3K views

Más de International Food Policy Research Institute (IFPRI)

Targeting in Development Projects: Approaches, challenges, and lessons learned von
Targeting in Development Projects: Approaches, challenges, and lessons learnedTargeting in Development Projects: Approaches, challenges, and lessons learned
Targeting in Development Projects: Approaches, challenges, and lessons learnedInternational Food Policy Research Institute (IFPRI)
14 views48 Folien
Prevalence and Impact of Landmines on Ukrainian Agricultural Production von
Prevalence and Impact of Landmines on Ukrainian Agricultural ProductionPrevalence and Impact of Landmines on Ukrainian Agricultural Production
Prevalence and Impact of Landmines on Ukrainian Agricultural ProductionInternational Food Policy Research Institute (IFPRI)
16 views11 Folien
Impact of the Russian Military Invasion on Ukraine’s Agriculture and Trade von
Impact of the Russian Military Invasion on Ukraine’s Agriculture and Trade Impact of the Russian Military Invasion on Ukraine’s Agriculture and Trade
Impact of the Russian Military Invasion on Ukraine’s Agriculture and Trade International Food Policy Research Institute (IFPRI)
43 views14 Folien
Mapping cropland extent over a complex landscape: An assessment of the best a... von
Mapping cropland extent over a complex landscape: An assessment of the best a...Mapping cropland extent over a complex landscape: An assessment of the best a...
Mapping cropland extent over a complex landscape: An assessment of the best a...International Food Policy Research Institute (IFPRI)
8 views13 Folien
Examples of remote sensing application in agriculture monitoring von
Examples of remote sensing application in agriculture monitoringExamples of remote sensing application in agriculture monitoring
Examples of remote sensing application in agriculture monitoringInternational Food Policy Research Institute (IFPRI)
5 views18 Folien

Más de International Food Policy Research Institute (IFPRI)(20)

Último

ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑ von
ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑ
ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑssuser9e6212
167 views18 Folien
2023 Q1-Q2 Newsletter - First Tee Puerto Rico von
2023 Q1-Q2 Newsletter - First Tee Puerto Rico2023 Q1-Q2 Newsletter - First Tee Puerto Rico
2023 Q1-Q2 Newsletter - First Tee Puerto RicoFirst Tee Puerto Rico
34 views15 Folien
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference von
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference AKADEMIYA2063
5 views8 Folien
A terrorist threat originating from Qatar. von
A terrorist threat originating from Qatar.A terrorist threat originating from Qatar.
A terrorist threat originating from Qatar.fasurijobaf
7 views1 Folie
ecb.sp231121_1~8df317dc17.en.pdf von
ecb.sp231121_1~8df317dc17.en.pdfecb.sp231121_1~8df317dc17.en.pdf
ecb.sp231121_1~8df317dc17.en.pdfSociété Tripalio
411 views17 Folien
UNiTE- Invest to Prevent Violence against Women & Girls! von
UNiTE- Invest to Prevent Violence against Women & Girls!UNiTE- Invest to Prevent Violence against Women & Girls!
UNiTE- Invest to Prevent Violence against Women & Girls!Christina Parmionova
11 views4 Folien

Último(20)

ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑ von ssuser9e6212
ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑ
ΕΚΘΕΣΗ ΚΟΜΙΣΙΟΝ ΓΙΑ ΤΟΥΡΚΙΑ
ssuser9e6212167 views
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference von AKADEMIYA2063
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference
Mrs. Tsitsi Makombe - 2023 ReSAKSS Conference
AKADEMIYA20635 views
A terrorist threat originating from Qatar. von fasurijobaf
A terrorist threat originating from Qatar.A terrorist threat originating from Qatar.
A terrorist threat originating from Qatar.
fasurijobaf7 views
Arrow Adoption Training for Kinship Families von ArrowMarketing
Arrow Adoption Training for Kinship FamiliesArrow Adoption Training for Kinship Families
Arrow Adoption Training for Kinship Families
ArrowMarketing40 views
Social behavioural change to drive community ownership_ Divyang Waghela_Tata ... von India Water Portal
Social behavioural change to drive community ownership_ Divyang Waghela_Tata ...Social behavioural change to drive community ownership_ Divyang Waghela_Tata ...
Social behavioural change to drive community ownership_ Divyang Waghela_Tata ...
2023 First Tee - Greater Richmond Holiday Gift Guide von bill151498
2023 First Tee - Greater Richmond Holiday Gift Guide2023 First Tee - Greater Richmond Holiday Gift Guide
2023 First Tee - Greater Richmond Holiday Gift Guide
bill15149880 views
AABS project overview von WorldFish
AABS project overviewAABS project overview
AABS project overview
WorldFish18 views
Dr Jean Paul Latyr FAYE - 2023 ReSAKSS Conference.pptx von AKADEMIYA2063
Dr Jean Paul Latyr FAYE - 2023 ReSAKSS Conference.pptxDr Jean Paul Latyr FAYE - 2023 ReSAKSS Conference.pptx
Dr Jean Paul Latyr FAYE - 2023 ReSAKSS Conference.pptx
AKADEMIYA20638 views
Moving up into upper secondary by Hannah Kitchen - OECD Education Webinar 23N... von EduSkills OECD
Moving up into upper secondary by Hannah Kitchen - OECD Education Webinar 23N...Moving up into upper secondary by Hannah Kitchen - OECD Education Webinar 23N...
Moving up into upper secondary by Hannah Kitchen - OECD Education Webinar 23N...
EduSkills OECD82 views
How can the social and solidarity economy help refugees along their journey? von OECD CFE
How can the social and solidarity economy help refugees along their journey?How can the social and solidarity economy help refugees along their journey?
How can the social and solidarity economy help refugees along their journey?
OECD CFE97 views
Support a Child Bright Future kurnool von SERUDS INDIA
Support a Child Bright Future kurnoolSupport a Child Bright Future kurnool
Support a Child Bright Future kurnool
SERUDS INDIA8 views
Dr Getaw Tadesse - 2023 ReSAKSS Conference .pptx von AKADEMIYA2063
Dr Getaw Tadesse - 2023 ReSAKSS Conference .pptxDr Getaw Tadesse - 2023 ReSAKSS Conference .pptx
Dr Getaw Tadesse - 2023 ReSAKSS Conference .pptx
AKADEMIYA20639 views

Concentration in the fertilizer industry

  • 1. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome IFPRI – AMIS SEMINAR SERIES Market Concentration in the Grain Industry Delphine Leconte-Demarsy, AMIS Sep 7, 2023 Concentration in the fertilizer industry Concentration in the fertilizer industry – Sep 7th, 2023
  • 2. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome The importance of fertilizers for food production Source: IFA Concentration in the fertilizer industry – Sep 7th, 2023 • Mineral fertilizers replace nutrients removed with the harvest • Half of global food production relies on fertilizer applications • Macronutrients: Nitrogen (N), Phosphate (P), Potash (K)
  • 3. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome Market concentration Source: AMIS, USDA, FAO, IFA Concentration in the fertilizer industry – Sep 7th, 2023 • Most fertilizer supply is concentrated in a reduced number of countries • Phosphate and potash supply are comparatively more concentrated than nitrogen supply • Fertilizer trade is similarly concentraded
  • 4. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome Concentration of supply by geography Source: AMIS estimates for fertilizer production - 2021 N: Urea P: DAP & MAP K: MOP Concentration in the fertilizer industry – Sep 7th, 2023 • Three suppliers make up for 52% of urea supply, 74% of DAP/MAP supply and 81% of potash supply • Nitrogen is captured from the air, production relies on source of energy (coal, natural gas) • Phosphate and potash fertilizer production rely on the presence of phosphate and potash deposits
  • 5. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome Major industrial players reflect country distribution Source: Yara, AMIS Concentration in the fertilizer industry – Sep 7th, 2023 Company name Location CF Industries Illinois, USA Yara Oslo, Norway Nutrien Saskatoon, Canada Ostchem Donetsk, Ukraine OCI Amsterdam, Netherlands TogliattiAzot Tolyatti, Russia Koch Wichita, USA Eurochem Zug, Switzerland Guizhou Phosphorus Chemical group Guizhou, China Nutrien Saskatoon, Canada Mosaic Tampa, USA OCP Casablanca, Morocco Ma'aden Riyadh, Saudi Arabia Phosagro Moscow, Russia Nutrien Saskatoon, Canada Mosaic Tampa, USA Belaruskali Minsk, Belarus Uralkali Berezniki, Russia K+S Kassel, Germany Nitr oge n Phosphates Potash • Fertilizer majors are headquartered in the main producing countries • Some players are focused on one nutrient while others are present on different markets • Increasing geographical and vertical integration
  • 6. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome As concentration increases, volatility decreases Source: World Bank, AMIS Concentration in the fertilizer industry – Sep 7th, 2023 • Despite different supply, fertilizer price trends are linked and connected to global commodities • As potash buyers have less supply options, they are price takers • Fertilizer markets are sensitive to supply shocks
  • 7. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome Impacts on fertilizer use are complex Concentration in the fertilizer industry – Sep 7th, 2023 Source: AMIS, IFA • Nitrogen is the most used nutrient each year • Phosphate and potash reserves in the soil allow to skip applications to some extent • Some crops are more reliant on fertilizer use • Reliance on fertilizer uses depend on countries Estimates of Nutrient Use in 2022(million tons nutrients) and variation compared to 2020 Fertilizer year 2022 105.3 -5% 45.5 -9% 34.4 -12% 185.2 -5% N P K Total
  • 8. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome Thank you! delphine.lecontedemarsy@fao.org Concentration in the fertilizer industry – Sep 7th, 2023
  • 9. 23rd session of the AMIS Global Food Market Information Group, 15-16 June 2023, Rome 71st Session of the Committee on Commodity Problems Side Event: Rome, 6 October 2016