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Summary
We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2023.Abstract
The world economy – recessions ahead The macroeconomic outlook for 2023 is particularly weak. Rabobank, for example, expects global growth in 2023 to fall to a mere two percent, with many economies entering recession. Inflation, while expected to fall in 2023, will also stay elevated. Keywords: 2023; Market; Outlook; Global; World; Fertilizer; Fertilizers; Nutrients; Demand; Growth; Drivers; Trade; Supply; Capacity; Sales; Economics; Agricultural; Agriculture; Farming; Food; Commodities; Oil; Crops; Prices; International Monetary Fund; IMF; Rabobank; FAO; International Fertilizer Association; IFA; Cereals; Oilseeds; Coffee; Wheat; Sugar; Palm oil; Soybeans; Crops; Prices; Affordability; Ammonia; Urea; Potash; PhosphateSummary
Turkey's thriving agricultural sector has created a large and dynamic fertilizer market at the crossroads of Europe and Asia, explains Hakan Goral, the CEO of Tekfen Agri Industry Group.Abstract
Turkish fertilizer production has roots dating back to the late 1950s when the government invested in and owned the industry. The private sector first entered the market in 1970s – and again in the early 2000s – with the privatisation sales of state-owned plants. Keywords: Country profile; Turkey; Fertilizer; Market; Imports; Export ban; Production; NPKs; Calcium; Ammonium; Nitrate; AN; CAN; Diammonium phosphate; DAP; Urea; Toros Agri; Tekfen; DNA tagging; TrackingSummary
Fertilizer plant owners are installing highly efficient and reliable scrubbing equipment to satisfy increasingly strict emissions regulations globally. We highlight recent advances in scrubbing performance and technology.Abstract
stamicarbon Advanced scrubbing systems enter operation Wilfried Dirkx, licensing manager Stamicarbon, the innovation and license company of Maire Tecnimont Group, offers advanced scrubbing technologies for fertilizer granulation plants and prilling towers. Keywords: Cutting; Emissions; Scrubbing; Reduction; Dust; Ammonia; Off-gas; Stamicarbon; MicroMist venturi; MMV; Dakota Gasification Company; DGC; Urea; Granulation; Plant; Production; Thyssenkrupp; Fertilizer; Technology; tkFT; Uhde; Horizontal; System; Revamping; Modernisation; Granulator; ExtensionSummary
Advances in technology, equipment and reagents are enhancing phosphate fertilizer production. Optimisation of standard equipment is also vital for ensuring process efficiency.Abstract
FEECO INTERNATIONAL Rotary dryers for phosphates Shane Le Capitaine, process sales engineer Rotary dryers have long been the standard option for drying bulk solids in industrial settings, whether at mine sites or production facilities. This certainly holds true when it comes to the phosphates industry. Keywords: Phoshate; Equipment; Process; Technology; FEECO; Rotary; Dryers; Granulation; Beneficiation; Rock; Phosphoric acid; Dicalcium phosphate; DCP; Prayon; Ecophos; GetMoreP; Fertchem; NPA100; Purifying agent; Flocculant; TOMRA; Sorting machines; Saudi Arabia; MWSPC; X-ray transmission; XRTSummary
The global potash market has endured a tumultuous 18 months, says Andy Hemphill, senior editor for potash and sulphuric acid at ICIS Fertilizers. Export sanctions, high offer prices and buyer unrest persist as we enter 2023.Abstract
Two key attributes Being extracted, processed and sold on a massive scale, muriate of potash (MOP) has two remarkable attributes. Firstly, It’s one of the world’s largest fertilizer types by volume – with an annual global production capacity of around 90 million tonnes and a traded volume of circa 70 million tonnes. Keywords: Potash; Market; Report; Outlook; Producers; Supply; Production; Exports; Imports; Trade; Demand; Consumption; Prices; Pricing; Muriate of potash; MOP; Belarus; Belarus Potash Company; BPC; Belaruskali; Sanctions; War; Russia; Ukraine; Canada; United States; Israel; Spain; India; China; Brazil; Europe; Nutrien; Mosaic; K+S; ICL