In February 2025, one metric ton of muriate of potash (MOP), also known as potassium chloride, cost 319 U.S. dollars. In April 2022, the price of MOP hit a high of 1,202 U.S. dollars per metric ton.

Learn about the factors that influence the price of potash fertilizer, including supply and demand, production costs, and market conditions. Understand how these factors impact the global market and why prices can vary depending on the type and region of the fertilizer.

The price of potash increased drastically in 2022 compared to previous years, at an estimated average of 1,700 U.S. dollars per metric ton free on board, compared to 1,120 the year before. During the period of consideration, the lowest potash price was in 2010, at an average 630 U.S. dollars per metric ton.

Get the latest insights on price movement and trend analysis of Potash in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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Potash Market Size 2025-2029

The potash market size is forecast to increase by USD 16.82 billion, at a CAGR of 4.9% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for fertilizers, driven by the expanding agricultural sector, particularly in developing countries. Simultaneously, global potash production capacity is expanding to meet this rising demand. However, the market faces a notable challenge with the high price of SOP (Sulfate of Potash) fertilizers, which may hinder the affordability and accessibility for some farmers. This dynamic market landscape requires strategic planning for companies seeking to capitalize on the growing demand while navigating the challenges posed by the high SOP prices. Effective cost management, innovation, and strategic partnerships will be crucial for market success. Companies that can address these challenges and meet the growing demand for potash fertilizers will have a competitive edge in this expanding market.

What will be the Size of the Potash Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by the dynamic interplay of various sectors and market activities. Crop nutrition remains a primary application, with potash fertilizers playing a crucial role in yield enhancement and soil fertility management. Precision farming and nutrient management strategies have gained prominence, leading to increased demand for granular fertilizers and sulphate of potash. Bulk storage and blending are essential components of the supply chain, ensuring energy efficiency and water usage in the production process. Mining safety and environmental regulations are paramount in potash mining operations, with ongoing efforts to improve mining techniques and reduce the carbon footprint. Muriate of potash and other potassium-based fertilizers are in high demand, with export markets playing a significant role in price fluctuations. Commodity trading and futures markets help mitigate price volatility, providing stability for farmers and fertilizer distributors. The ongoing evolution of mining techniques and ore processing methods contributes to the continuous improvement of particle size and moisture content in potash products. Quality control and analytical testing are essential to ensure the physical properties and chemical analysis of potash fertilizers meet sustainability standards. Fertilizer application techniques continue to advance, with a focus on optimizing agricultural productivity and reducing waste. Liquid fertilizers and potassium chloride are gaining popularity due to their ease of application and nutrient efficiency. Waste management and environmental considerations are increasingly important in the production and distribution of potash fertilizers. In summary, the market is characterized by continuous evolution, with various sectors and market activities shaping its dynamics. From crop nutrition and mining operations to supply chain management and commodity trading, the potash industry remains a vital component of sustainable agriculture and global food production.

How is this Potash Industry segmented?

The potash industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userFertilizersGeneral industrialOthersProductMuriate of potashSulfate of potashPotassium nitrateOthersGeographyNorth AmericaUSCanadaEuropeGermanyRussiaAPACChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW).

By End-user Insights

The fertilizers segment is estimated to witness significant growth during the forecast period.The market is primarily driven by the agricultural sector, where potash is extensively used as a fertilizer. This trend is anticipated to continue due to the numerous benefits potash provides to plants. Potash enhances crop nutrition by promoting proper plant maturation, improving root strength, increasing resistance to diseases, and boosting yield rates. Additionally, it contributes to enhancing the color, texture, taste, and overall quality of produce. Potash, a group of minerals containing potassium, is essential for various plant processes, including photosynthesis, water and nutrient uptake, and overall crop quality. The mining and processing of potash involve various techniques, such as extraction, bulk storage, and analytical testing, to ensure energy efficiency and water usage. Wholesale markets, bulk blending, and fertilizer distribution channels facilitate the availability of potash fertilizers to farmers and retailers. Mining operations adhere to sustainability standards, focusing on nutrient managem

The price of potassium chloride fertilizer reached a 13-year high in 2022 at 863 U.S. dollars per metric ton, potentially as a result of the increased demand and global supply chain concerns related to the Russia-Ukraine conflict. However, this declined in 2023 to a price of 383 U.S. dollars per metric ton. It was predicted to decrease further, to around 290 U.S. dollars per metric ton by 2025.

Intrepid Potash stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Get the latest insights on price movement and trend analysis of SOP (Potassium Sulfate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In the first quarter of 2025, caustic potash prices in North America increased by 1.47%, driven by multiple converging factors. The onset of spring season led to heightened demand for cleaning products, boosting consumption in the FMCG sector, particularly for soaps and detergents. This seasonal shift, combined with increased feedstock costs—notably potassium chloride—placed upward pressure on prices.

Potassium chloride prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 160.3 USD per metric ton with a minimum of 22 USD per metric ton in January 1969 and a maximum of 1202 USD per metric ton in April 2022. | TheGlobalEconomy.com

Learn about the various factors influencing potash fertilizer prices, from global market demand to geopolitical tensions, and how these factors can impact supply chains. Stay informed on the latest trends to make strategic decisions for your agricultural needs or investments.

The caustic potash prices in the United States for Q3 2024 reached 615 USD/MT in September. The market showed mixed results. In the earlier phase of the year, low demand and hurricane disruptions led to low transaction volumes and supply shortages. By the final month, prices rose sharply due to increased downstream demand and ongoing supply constraints.

Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of 954 U.S. dollars per metric ton in April before declining to 625 U.S. dollars by December. In the lead up to the Russian invasion of Ukraine urea fertilizer prices more than doubled from September to November of 2021.

Potassium Chloride (MOP) prices in North America followed an inclining trend throughout Q1 2025, driven by a combination of rising import costs, geopolitical trade uncertainties, and steady agricultural demand. In January, prices rose amid growing speculation about a potential 25% tariff on Canadian potash, the region’s primary supply source. This anticipation led to early-season pre-buying and supply caution. February saw a continuation of this trend, as market participants responded to Nutrien’s price adjustments and stable demand from early fertilizer applications.

Graph and download economic data for Producer Price Index by Industry: Potash, Soda, and Borate Mineral Mining (PCU212391212391) from Dec 1984 to Dec 2022 about fertilizers, minerals, mining, PPI, industry, inflation, price index, indexes, price, and USA.

Explore the dynamic factors influencing potash pricing, essential for global agriculture, including market demand, regional supply, and international trade. Learn how different types of potash, geopolitical events, and new farming practices impact costs and demand across regions like North America, Asia, and Europe.

The Potash Fertilizers market size is 60.32 million tonnes in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2032.

This dataset includes monthly prices measured in dollars per ton (except Tampa ammonia) by region.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Tampa ammonia prices are quoted CFR (i.e., includes transportation to the destination port) per metric ton.

Regional Definitions are available from Green Markets (https://fertilizerpricing.com/about/pricing-notations/).

The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.

United States - Producer Price Index by Industry: Potash, Soda, and Borate Mineral Mining: Primary Products was 378.02200 Index Dec 1984=100 in December of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Potash, Soda, and Borate Mineral Mining: Primary Products reached a record high of 436.50000 in September of 2008 and a record low of 93.80000 in February of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Potash, Soda, and Borate Mineral Mining: Primary Products - last updated from the United States Federal Reserve on June of 2025.

Explore how IFFCO navigates global trends and domestic dynamics to price potash fertilisers, ensuring affordability for farmers despite market fluctuations and geopolitical influences. Learn about IFFCO's strategies to support India's agricultural sector amid global supply chain disruptions.