# The single superphosphate (SSP) market will register a CAGR of nearly 3% by 2023

> A market research report forecasts the single superphosphate (SSP) market will grow at a CAGR of nearly 3% through 2023. It cites growing Chinese demand for fruit as a driver and competition from substitutes such as triple superphosphate and NPK fertilizers.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/59399-the-single-superphosphate-ssp-market-will-register-a-cagr-of-nearly-3-by-2023
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Modest projected SSP demand growth has little direct effect on feed-commodity prices; it is a generic market forecast.

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/the-single-superphosphate-ssp-market-will-register-a-cagr-of-nearly-3-by-2023-300849244.html

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