Cleveland, OH, June 20, 2018 — US potash demand is forecast to total 6.1 million metric tons in 2022, according to Potash: United States, a report recently released by Freedonia Focus Reports. Demand for potash in both fertilizer and non-fertilizer applications will decline over the forecast period, driven by an uptick in price.
Potassium chloride will continue to account for the vast majority of consumption, remaining the largest demand segment. Demand is expected to fall as a result of a projected price increase through 2022 as energy costs involved in production rise.
These and other key insights are featured in Potash: United States. This report forecasts to 2022 US potash demand and production in metric tons. Total demand is segmented by product in terms of:
- potassium chloride
- potassium sulfate
- potassium magnesium sulfate
- other products such as potassium nitrate and potassium-sodium-nitrate mixtures
Total demand is also segmented by application as follows:
To illustrate historical trends, total demand, total production, and the various demand segments are provided in annual series from 2007 to 2017.
More information about the report is available at https://www.freedoniafocusreports.com/Potash-United-States-FF65021/.