# Phosphate Outlook 2017: Demand on the Rise | INN

> A 2017 phosphate outlook projects fertilizer demand rising from 40.6 million tons in 2012 to 46.6 million tons by 2018, a growth rate of about 2.2% per year. Asia accounts for most of the expected new demand, and about 7.3 million tons of new phosphoric acid capacity is due between 2013 and 2018.

- Date: 2017-01-10 · published 2017-01-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73302-phosphate-outlook-2017-demand-on-the-rise-inn
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Steady demand growth alongside substantial new capacity suggests a gradual, not sharp, firming in phosphate prices, with Asia's share of demand the key swing factor.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- investingnews.com: https://investingnews.com/daily/resource-investing/agriculture-investing/phosphate-investing/phosphate-outlook-2017/

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