# Phosphate Rock Market to Reach 268.0 Million Tons by 2024: Hexa Research

> A Hexa Research press release forecasts the global phosphate rock market will reach 268.0 million tons by 2024, driven by fertilizer demand. It notes Asia Pacific demand of 127.94 million tons in 2016.

- Date: 2017-09-11 · published 2017-09-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/69278-phosphate-rock-market-to-reach-268-0-million-tons-by-2024-hexa-research
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

This is a generic market-research forecast with no new supply or demand event, so it has little near-term price effect on phosphate inputs or feed commodities.

## Read by commodity

- PHOSROCK: neutral

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/phosphate-rock-market-to-reach-2680-million-tons-by-2024-hexa-research-643695863.html

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