Potash Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Potash in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

For the Second Quarter of 2022


In China, Malaysia and Indonesia, price of potash was high in the second quarter of 2022. In Southeast Asia, Malaysia and Indonesia are major potash-consuming countries where the prices rose sharply. Global sanctions on potash from Belarus and restricted exports from Russia also accelerated the potash prices due to limited supply.


In Europe, the potash market witnessed an uptrend in prices following the Ukraine-Russia war which resulted in global supply chain disruptions and potash prices were expected to rise even further in future.

North America

The prices for potash mostly remained on the lower side in Q2 of 2022. Potash prices in the US in May were even lower than those in April as a result of import volumes from Canada and Russia.

For instance, the FOB NOLA granular barge prices per ton were down from 800 USD in April to around 770-780 USD in May. Even though the river terminal prices were higher than the barge prices at around 780-815 USD per ton, they had still fallen by 25 dollars month-over-month.

Latin America

In Brazil, the potash demand was low in the second quarter of 2022 which caused a downward price trend, not just locally but all around the world. The spring season had begun late which led to low demand and did not prompt fill buying for potash as prices remained on the downward side.

For the First Quarter of 2022

North America

Following Western economic sanctions against a major potash supplier in Belarus, potash prices in the United States and Brazil are at multi-year highs. The strong worldwide demand and limited supply are contributing to the price increase. On March 9, the price of poash in the United States reached an all-time high of 815 USD/MT.

Brazil is also on the lookout for a new fertiliser supply, as the conflict in Ukraine threatens to halt nutrient exports to the country. Brazil imports around 85% of its fertiliser, with Russia accounting for about a fifth of those imports. The Russian commerce ministry has requested that fertiliser exports be halted. There were several challenges with global fertiliser supplies even before the conflict.

For the Fourth Quarter of 2021


The price in Asia declined in the fourth quarter after reaching a new high the previous quarter. During the festive season, the market in India turned bullish, backing this strong rise in India.

Following a dip in demand during the holiday season, the trend reversed in the final month of the quarter. Price continued to fall in December, with supply outstripping demand. Traders remained anxious about their inventory levels, and vigorous negotiations to encourage the sale of current goods before the end of the year were allowed to continue.


During the fourth quarter of 2021, the price continued to rise. Although demand from downstream sectors such as fertilisers was low, availability remained low as transportation operations were halted in some regions due to weather conditions, maintaining potash prices modestly. Trading operations in Asia and Europe remained limited due to congestion on key trade routes, high freight costs, and other issues. A lack of containers also influenced the price in the region.

North America

Price in North America was held in a constant to tight range in Q4 due to insufficient demand. As the holiday season approached, buyer interest waned in the last two months of the year. Muriate Of Potash prices were quoted at 800 USD/MT CFR New York. The demand dropped even more at the peak of the winter season, as end-use sectors had already purchased enough cargoes at the start of the quarter. The price remained steady in Q4 due to unbalanced demand and supply dynamics.

Latin America

Price in Brazil in December had increased by 550 USD/MT by the end of December 2021 and CFR potash prices were reported at 800 USD/MT. The price increased in the region as imports dwindled and demand increased as the Brazilian agricultural land was lacking in potash which increased the fertilizer demand, thereby causing the price to soar.

For First, Second and Third Quarters 2021

Latin America

Prices in Brazil increased in May-June. In the first quarter, CFR potash prices were around 245 USD/MT which increased in the May-June period and remained high for the rest of the year. The prices increased by 550 USD/MT, to 800 USD/MT following a shortage in supply as Belarus exports faced sanctions even though Brazil had not announced any sanctions on Belarus. Brazil also faced import competition from Canada which was the second largest importer of potash in 2021.

For the Year 2020

Latin America

In April 2020, the Muriate of Potash (MOP) prices in Brazil were reported at 215 USD/MT following which the prices witnessed an upward trend in the region.

Procurement Resource provides latest prices of Potash. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.


Potash is composed of several mined and manufactured salts that include potassium in water-soluble form. The name derives from pot ash, that basically refers to plant ashes soaked in water in a pot.  Its ores are generally rich in potassium chloride (KCl), sodium chloride (NaCl) and some other salts and clays.

Product Details

Report Features Details
Product Name Potash
Industrial Uses Food, Fertiliser, Animal Seed, Soaps, Water Softeners, Glass
Chemical Formula KCl, 0-0-60
Supplier Database Nutrien Limited, The Mosaic Company, Intrepid Potash Inc, Arab Potash Company, EuroChem Group AG, Thermo Fisher Scientific Inc.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Potash via Evaporation Process

The primary chemical compound in the reaction is potassium carbonate, which is derived by leaching the ashes in big iron pots to dissolve out the soluble components. Evaporation of the solution using percolation results in the production of Potash.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.


Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy