FAO and IFA: Global Potassium Fertilizer Supply Dwindling Stockpiles in Western Europe The United Nations Food and Agriculture Organization (FAO) and the International Fertilizers Association (IFA) are consistently forecasting a global shortage of potash fertilizers with a particular focus in Western Europe. The global availability of potash for the purposes of fertilizer production should only stagnate after a rise since 2016 for 2020. By contrast, global potash fertilizer consumption is estimated to be higher. The result is a reduction of overhang stocks at world level. The decisive reason is to be found in Western Europe. In all other continents, the supply situation changes only slightly. For Western Europe, a systematic decline in potash fertilizers has been observed for several years, while consumption is still rising. For the year 2020, the potash availability is expected to shrink significantly again, the surplus stocks will be significantly lower. The potash prices have increased internationally.The wholesale prices for potash fertilizers free Ostseehafen have rebounded significantly after an interim low.
