|
Base Product
|
Potassium chloride (KCl)
|
Ammonia (NH3)
|
Phosphate rock
- phosphoric acid (P2O5)
|
Geographic Availability
of Raw Materials
|
Very limited
|
Readily available in numerous locations (natural gas)
|
Limited
|
|
Cost of New Capacity
|
Approximately $2.0 billion for
2 million tonnes KCl
|
Approximately $700 million for
1 million tonnes NH3
|
Approximately $1.3 billion for
1 million tonnes P2O5
|
|
Greenfield Development Time
|
5 - 7 years
|
2 - 3 years
|
3 - 4 years
|
|
Producing Countries
|
12 (based on KCl)
# 1 - Canada
# 2 - Russia
# 3 - Belarus
# 4 - Germany
|
~ 60 (based on NH3)
# 1 - China
# 2 - India
# 3 - Russia
# 4 - US
|
~ 40 (based on P2O5)
# 1 - US
# 2 - China
# 3 - Morocco
# 4 - Russia
|
State- or Subsidy-
Controlled Production
|
19%
|
57%
|
47%
|
|
Expected Long-Term World Fertilizer Consumption Growth Rate
|
3 - 4%
|
2%
|
2%
|
|
Major Importers
|
KCl
# 1 - China
# 2 - US
# 3 - Brazil
# 4 - India
|
Ammonia
# 1 - US
# 2 - India
# 3 - South Korea
# 4 - France
|
DAP
# 1 - India
# 2 - China
# 3 - Pakistan
# 4 - Vietnam
|
Percentage Traded
Across Borders
|
78% (KCl)
|
13% (Ammonia)
|
45% (DAP)
|
