Top 10 Potash Countries by Production
The potash sector was largely in balance in 2025, leading to stable supply and predictable prices.
While the market stabilized in the first half of 2024, lower cost inputs for potash production and improved crop production placed downward pressure on potash prices in the second half of the year.
The World Bank expects fertilizer prices to rise significantly in 2026 owing to conflict-related pressures stemming from the outbreak of war in the Middle East and the closure of the Strait of Hormuz, a critical shipping bottleneck. While the agency is expecting the largest rises in the prices of fertilizers that are dependent on natural gas, it’s still predicting a moderate rise in potash prices.
According to the World Bank’s data, potash prices are anticipated to rise to an average of US$390 per metric ton in 2026 before falling to US$365 in 2027.
This may be welcome news for potash investors — many potash-mining operations have closed or scaled back plans in recent years, and some are waiting on the sidelines for better days and sustainable improvements in potash prices.
According to the 2026 Mineral Commodity Summary from the US Geological Survey (USGS), global potash consumption increased to 41.6 million metric tons in 2025, up from 40.6 million metric tons in 2024. By 2029, the USGS predicts it will rise to 45.3 million metric tons. As seen in 2024, the biggest gains in potash usage came from Asia and South America.
The USGS anticipates production capacity rising to 77.4 million metric tons in 2029 from 66.1 million metric tons in 2025. Most of the increase will come from new muriate of potash (MOP) mines and project expansions in Laos and Russia. New MOP mines are expected to come online in Belarus, Brazil, Canada, Ethiopia, Morocco and Spain.
In terms of total output, the USGS estimates that global potash production totaled 49 million metric tons in 2025, while world potash reserves exceeded 5.9 billion metric tons of potassium oxide, or potash, equivalent.
Here, the Investing News Network provides a look at world potash production by country. All production and reserves data is reported in metric tons of potassium oxide equivalent.
1. Canada
Potash production: 15 million metric tons
Potash reserves: 1.1 billion metric tons
Leading the list of the top potash countries by production is Canada, which produced 15 million metric tons of potash in 2025, an increase of 600,000 metric tons compared to 2024. The prairie province of Saskatchewan is home to all of Canada’s potash production.
Canada also contains one of the world’s largest land-based potash reserves, with 1.1 billion metric tons of potash in its soil.
Canada is one of the world’s largest potash exporters and the primary provider to the United States. In 2025, Canada supplied 79 percent of US potash imports. Although concern over tariffs has waned since the start of 2025, there is still some uncertainty ahead of CUSMA negotiations in…
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