Cotton harvest could hit new record in 2024
By Ayrton Trentini, R&D specialist at Essere Group
Agricultural fertilizers play an important role in making the Global Alliance against Hunger and Poverty, proposed by Brazil at the G20 Summit in Rio de Janeiro, viable. These inputs are essential for increasing crop productivity, which consequently increases food production and contributes to the sustainability of agribusiness.
The estimated value of the global fertilizer market in 2024 is approximately US$384 billion, with annual growth of 5,93%, reaching approximately US$543 billion by 2030, according to Mordor Intelligence, a global research and consulting firm. The data is important for Brazil, as our country is one of the four largest consumers of these inputs and a leading player in the production and supply of agricultural commodities and food.
The correct use of fertilizers allows crops to receive the essential nutrients for their healthy and vigorous growth. Elements such as nitrogen, phosphorus and potassium are essential for crop development, and their proper application results in more abundant and better quality harvests. This is especially important in a global scenario where the demand for food is constantly growing due to population growth and in which, according to the UN, more than 800 million people faced hunger in 2023, a problem that has been worsening in recent years.
In addition to increasing productivity, fertilizers contribute to the sustainability of the agricultural sector. Their correct application improves land use efficiency, allowing farmers to obtain higher yields from smaller areas. This helps to preserve natural ecosystems and reduce pressure on new cropland, promoting more sustainable agricultural practices.
However, the fertilizer sector in Brazil faces challenges that need to be overcome to ensure continuous and efficient supply to agriculture. Among the difficulties are dependence on imports, volatility in international prices and the need for investment in logistics infrastructure for product distribution.
Despite the problems, aggravated by the difficulties of production, import and logistics inherent to the complex international geopolitical scenario, the National Association for the Distribution of Fertilizers (ANDA) and the companies in the segment have played an important role in this context. Their work has ensured that Brazilian farmers have continuous access to the inputs necessary to maintain the productivity of their crops. Between January and August, 28,03 million tons were produced, a volume more than sufficient to meet market demands during the period.
Anda has been committed to suggesting and supporting public policies, such as the National Fertilizer Plan (PNF), that favor production, customs clearance and distribution. It also encourages research and development of technologies capable of increasing the efficiency in the use of these inputs. Such efforts are essential to ensure that the Brazilian agricultural sector continues to grow in a sustainable manner, contributing to food security and the viability of the Global Alliance against Hunger and Poverty.
*Per Eduardo Monteiro, president of the National Association for Fertilizer Distribution (Anda)
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