World fertilizer trends and outlook to 2020
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The <i>World fertilizer trends and outlook to 2020</i> is the latest in a series of annual reports that result from meetings of FAO Plant Production and Protection (AGP) and Statistics (ESS) Divisions, and the Fertilizer Organization Working Group, in which nitrogen, phosphate and potassium fertilizer medium-term supply and demand is estimated and projected for the following five years. The report is intended for use by a range of stakeholders in the public, private and educational sectors and c ivil society to use as a source of information and guide to fertilizer use and trends at global, regional and country levels, and to assist in planning and management of fertilizer resources.World consumption of the three main fertilizer nutrients, nitrogen (N), phosphorus expressed as phosphate (P2 O5 ), and potassium expressed as potash (K2 O), is estimated to reach 186.67 million tonnes (N, P2 O5 and K2 O) in 2016, up by 1.4 percent over 2015 consumption levels. The demand for N, P2 O5 , and K2 O is forecast to grow annually on average by 1.5, 2.2, and 2.4 percent respectively from 2015 to 2020. Over the next five years, the global capacity of the production of fertilizers, intermediates and raw materials is also expected to increase.