Market movement
In 2024, fertilizers, mineral or chemical: phosphatic, superphosphates, other than containing by weight 35% or more of diphosphorus pentaoxide (p2o5) trade exhibited modest growth, with global flows reaching $693,677,136 and a three-year compound annual growth rate of +7.4% (five-year: +15.4%). The all-time peak of $832,069,441 was recorded in 2022; the current level is 17% below that high-water mark.
Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.6% acceleration).
