# global fertilizer demand set to see little growth | World Fertilizer

> A RaboResearch report says global fertilizer demand has not sustained the 2023 recovery and remains sluggish. Its affordability index is expected to turn negative within months as farm margins are squeezed by low crop prices, with nitrogen and phosphate prices still above historical averages.

- Date: 2024-09-11 · published 2024-09-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/28223-global-fertilizer-demand-set-to-see-little-growth-world-fertilizer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Weak fertilizer demand and poor affordability signal reduced application rates, which can soften fertilizer prices. Lower farm margins from weak grain prices also weigh on input purchasing.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-10-28 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/22326-semi-annual-global-fertilizer-outlook-rabobank.md) | +5.1% | +1.1% |
| UREA | 2024-04-29 | [AgriMarketing.com - Rabobank: Global Fertilizer Growth Expected Despite Market Challenges](https://feedsoft.ai/events/30659-agrimarketing-com-rabobank-global-fertilizer-growth-expected-despite-market.md) | -7.7% | -6.1% |
| UREA | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +2.2% | +10.3% |
| UREA | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +8.3% | +8.3% |
| UREA | 2022-11-30 | [Report: After Two Turbulent Years, Fertilizer Markets May Start to Settle in 2023 - AgriBusiness Global](https://feedsoft.ai/events/7855-report-after-two-turbulent-years-fertilizer-markets-may-start-to-settle-in-2023.md) | +3.8% | -0.5% |
| DAP | 2025-11-02 | [RaboResearch: Poor Affordability to Pressure Global Fertilizer Demand in 2026 - CropLife](https://feedsoft.ai/events/22291-raboresearch-poor-affordability-to-pressure-global-fertilizer-demand-in-2026.md) | +0.0% | -10.2% |
| DAP | 2025-10-28 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/22326-semi-annual-global-fertilizer-outlook-rabobank.md) | -3.9% | -6.1% |
| DAP | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +3.3% | +12.5% |

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/potash/11092024/global-fertilizer-demand-set-to-see-little-growth/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.