In the lead up to the Russian invasion of Ukraine Urea fertilizer prices more than doubled from September to November of 2021. The invasion also effected muriate of potash. Potash prices previously stayed stable even thoughout the Covid-19 pandemic. For most of 2020 and 2021 the prices of diammonium phosphate was highest among the three types of fertilizer depicted here. In March of 2022, one metric ton of DAP cost 938.13 U.S. dollars.
Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type
(in U.S. dollars per metric ton)
MOP stands for muriate of potash. This fertilizer is also known as Potassium chloride.
DAP stands for diammonium phosphate.
TSP stands for triple superphosphate
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World Bank. (January 4, 2023). Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/
World Bank. "Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type (in U.S. dollars per metric ton)." Chart. January 4, 2023. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/
World Bank. (2023). Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/
World Bank. "Monthly Prices of Fertilizer Worldwide from January 2017 to December 2022, by Type (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 4 Jan 2023, https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/
World Bank, Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/ (last visited December 09, 2024)
Monthly prices of fertilizer worldwide from January 2017 to December 2022, by type (in U.S. dollars per metric ton) [Graph], World Bank, January 4, 2023. [Online]. Available: https://www.statista.com/statistics/1316044/global-monthly-fertilizer-prices-by-category-urea-potash-phosphate/