# Global fertilizer market remains unstable | World Grain

> The IFA reports that the global fertilizer market is still recovering from 2022 turmoil caused by sanctions, high raw material costs and export restrictions. Global fertilizer use fell to 185.1 million tonnes in 2022, about 15 million below the 2020 record, with West Asia and parts of Europe cutting use by at least 10%. Nitrogen and phosphate have stabilized while potash remains disrupted.

- Date: 2023-06-16 · published 2023-06-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/35419-global-fertilizer-market-remains-unstable-world-grain
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower fertilizer application in key regions can trim future crop yields and supports grain price risk over time. Recent price declines ease input costs for feed producers, but supply disruption in potash keeps the outlook uncertain.

## Read by commodity

- CORN: neutral
- UREA: neutral
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-11-14 | [Fertilizer market developments](https://feedsoft.ai/events/27318-fertilizer-market-developments.md) | -0.4% | +2.6% |
| UREA | 2023-09-18 | [Global Fertilizer Market Challenged by Russia’s Invasion of Ukraine \| Economic Research Service](https://feedsoft.ai/events/34017-global-fertilizer-market-challenged-by-russia-s-invasion-of-ukraine-economic.md) | -0.5% | -6.2% |
| UREA | 2023-11-06 | [Fertilizer market review: What will 2024 bring? \| Ag Proud](https://feedsoft.ai/events/33094-fertilizer-market-review-what-will-2024-bring-ag-proud.md) | -2.8% | -6.4% |
| UREA | 2025-08-06 | [DTN Retail Fertilizer Trends](https://feedsoft.ai/events/10719-dtn-retail-fertilizer-trends.md) | -3.7% | -11.4% |
| UREA | 2020-03-04 | [DTN Retail Fertilizer Trends](https://feedsoft.ai/events/54405-dtn-retail-fertilizer-trends.md) | +2.1% | +0.4% |
| CORN | 2019-02-22 | [Grain market week in review, Feb. 22, 2019](https://feedsoft.ai/events/11851-grain-market-week-in-review-feb-22-2019.md) | -1.3% | +2.0% |
| CORN | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +0.6% | -0.9% |
| CORN | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | +1.3% | +1.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/18653-global-fertilizer-market-remains-unstable

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