Key Market Indicators
South African demand for potash is forecast to reach 6 million kilograms by 2026, up 0.5% annually. In 2021, South Africa was ranked 30th in the world, with 5.9 million kilograms, while Ireland was ranked first with the same amount. Belgium, France and Malaysia followed in second, third and fourth place respectively. Meanwhile, South African potash exports are set to reach 2.5 million kilograms by 2026, a 4.5% year-on-year growth rate. Since 2005, South Africa's supply has increased by 72.3%. In 2021, the country was ranked 23rd, with 1.9 million kilograms, while Singapore was in first place with the same amount. South Korea, the United States and France were ranked second, third and fourth respectively.