Phosphate (P) and Potash (K) demand on the other hand will account for an increasing share of total fertilizer demand growth to 2030. P is equally over applied in some regions such as India and China and application growth in these regions is likely to moderate. This will be balanced by a significant rise in P demand in Latin America. Increase in K demand represents the biggest change. K is under applied across most regions and is projected to rise by more than double the growth rate of N over the period 2010 to 2030.
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