IFA - Short-Term Outlook Report 2022-2023
Summary
The Short-Term Fertilizer Outlook for 2022-2023 is a report prepared by the Market Intelligence Service of the International Fertilizer Association (IFA). The report provides insights into the global fertilizer industry, including trends, challenges, and opportunities.
One of the key takeaways from the report is that environmental regulations have a medium to long-term influence on fertilizer consumption. While they were less frequently mentioned in the short-term outlook survey, they are still considered important in certain regions such as New Zealand, East Asia, and some countries in WCE.
The report also highlights that country-specific factors, such as farm labor issues in Malaysia and insecurity in Nigeria, also impact fertilizer consumption. In addition, fertilizer use declined significantly in some regions, such as South Asia, WCE, and North America, starting from mid-2021 to mid-2022. This decline coincided with an increase in fertilizer prices during the second half of 2021.
Overall, the report provides valuable insights into the global fertilizer industry and the factors that influence it. It is authored by industry experts and designed to accompany IFA's Short-Term Outlook Presentation.
Region:
Global
Published:
May 2023
Author(s):
IFA
Language:
English