Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The global demand for nutrients will reach 205 Mt in the fertilizer year 2025/26 (Earth Platform, 2026).
$85.7 billion was the value of the world fertilizer trade in 2024 (Plataforma Tierra, 2026).
The value of the global fertilizer trade fell by 8.9% in 2024 compared to 2023 (Plataforma Tierra, 2026).
16.6% of global fertilizer trade corresponds to exports from Russia (Earth Platform, 2026).
75% of the value of the world trade in fertilizers corresponds to nitrogenous fertilizers (Plataforma Tierra, 2026).
It is estimated that the prolonged closure of the Strait of Hormuz will have an impact on inflation of 0.4 percentage points due to increased costs of freight, fertilizers, petrochemicals, among others. (Central Reserve Bank of Peru, 2026).
It is estimated that the effects of a weak coastal El Niño in Peru could subtract 0.1 percentage points from the growth of economic activity in 2026. (Central Reserve Bank of Peru, 2026).
The Central Reserve Bank of Peru indicates that it reduced the growth projection for the agricultural sector from 3.0% to 2.5% in anticipation of a weak Coastal El Niño event. (BCRP, 2026).
The IMF warns that energy-importing Caribbean countries face balance of payments pressures due to rising oil and food prices; oil surpassed USD 100/barrel (+50% in one month), with additional risks for tourism- and remittance-dependent economies.
15–20% higher global fertilizer prices are projected during the first half of 2026 due to energy and trade tensions linked to the conflict in the Persian Gulf and the Strait of Hormuz.
