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US Demand for Potash to Fall to 6.1 Million Metric Tons in 2022, According to Freedonia Focus Reports

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US Demand for Potash to Fall to 6.1 Million Metric Tons in 2022, According to Freedonia Focus Reports

Increasing Price Expected to Drive Declines

PR Newswire

CLEVELAND, July 27, 2018 /PRNewswire/ -- US potash demand is forecast to total 6.1 million metric tons in 2022, according to Potash: United States, a report recently released by Freedonia Focus Reports. Demand for potash in both fertilizer and non-fertilizer applications will decline over the forecast period, driven by an uptick in price.

Freedonia Group logo (PRNewsFoto/The Freedonia Group)

More information about the report is available at
https://www.freedoniafocusreports.com/Potash-United-States-FF65021/

Potassium chloride will continue to account for the vast majority of consumption, remaining the largest demand segment. Demand is expected to fall as a result of a projected price increase through 2022 as energy costs involved in production rise.

These and other key insights are featured in Potash: United States. This report forecasts to 2022 US potash demand and production in metric tons. Total demand is segmented by product in terms of:

  • potassium chloride
  • potassium sulfate
  • potassium magnesium sulfate
  • other products such as potassium nitrate and potassium-sodium-nitrate mixtures

Total demand is also segmented by application as follows:

  • fertilizer
  • non-fertilizer

To illustrate historical trends, total demand, total production, and the various demand segments are provided in annual series from 2007 to 2017.

Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:

  • total historical market size and industry output
  • segmentation by products and markets
  • identification of market drivers, constraints, and key indicators
  • segment-by-segment outlook in five-year forecasts
  • a survey of the supply base
  • suggested resources for further study

Press Contact:
Corinne Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

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