# 2022’s Global Potash Production Market - SAIFood

> An industry overview says potash prices rose about 154% from US$221 per tonne at the end of January 2022 to US$562 in mid-April. The article attributes the rise mainly to halted exports from Russia and Belarus, which together supplied about 40% of 2020 imported potash, along with logistics problems at ports.

- Date: 2022-05-03 · published 2022-05-03T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/41730-2022-s-global-potash-production-market-saifood
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The sanctions-driven loss of Russian and Belarusian exports is the main reason potash costs have risen sharply, and buyers should expect tight supply to keep prices high while Canada's ability to expand output is limited.

## Read by commodity

- POTASH: bullish ▲

## Sources

- saifood.ca: https://saifood.ca/2022-global-potash-market/

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