# Global Fertilizer Outlook - 2

> DTN's outlook says global phosphorus fertilizer demand should recover about 5% in 2023 to 46 million tonnes, with decent supply and a neutral price outlook into 2024. Key uncertainties are how much phosphorus China exports and how US phosphate export tariffs resolve.

- Date: 2023-12-07 · published 2023-12-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/33032-global-fertilizer-outlook-2
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A neutral price outlook with China export volumes as the swing factor means phosphate costs are unlikely to fall sharply in 2024 without more Chinese supply.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2019-12-17 | [Swamped with Supply: Rabobank Releases Latest Global Fertilizer Outlook - AgriBusiness Global](https://feedsoft.ai/events/55520-swamped-with-supply-rabobank-releases-latest-global-fertilizer-outlook.md) | +4.0% | +4.8% |
| DAP | 2021-01-05 | [Global fertiliser price outlook positive news for Australian growers - Grain Central](https://feedsoft.ai/events/11957-global-fertiliser-price-outlook-positive-news-for-australian-growers-grain.md) | +0.3% | +37.4% |
| DAP | 2020-03-04 | [DTN Retail Fertilizer Trends](https://feedsoft.ai/events/54405-dtn-retail-fertilizer-trends.md) | -0.5% | -2.5% |
| DAP | 2025-08-06 | [DTN Retail Fertilizer Trends](https://feedsoft.ai/events/10719-dtn-retail-fertilizer-trends.md) | +0.1% | -2.6% |
| DAP | 2025-02-11 | [DAP/TSP likely outlet for OCP’s 2025 fertiliser sales growth](https://feedsoft.ai/events/26357-dap-tsp-likely-outlet-for-ocp-s-2025-fertiliser-sales-growth.md) | +0.4% | +2.7% |

## Sources

- greatamericancrop.com: https://greatamericancrop.com/news-resources/article/2023/12/07/global-fertilizer-outlook-2

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