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The evolution and prospects of the phosphate industry

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  • Rami Rawashdeh
  • Philip Maxwell

Abstract

Although dominated by the forces of competition over the past 50 years, with relatively easy entry and exit of new producers and plentiful reserves, the phosphate industry and phosphate markets have experienced several interesting episodes during this period. These have been associated with the attempted establishment of a producer cartel during the mid-1970s, the significant but declining presence of state-owned production, the demise of the Soviet Union and the recent minerals boom. While noting the significance of the earlier events, the particular focus of this paper is on the events of the past two decades and likely development in the foreseeable future. The authors utilise the standard supply and demand framework developing their discussion. Copyright Springer-Verlag 2011

Suggested Citation

  • Rami Rawashdeh & Philip Maxwell, 2011. "The evolution and prospects of the phosphate industry," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 24(1), pages 15-27, July.
    • Handle: RePEc:spr:minecn:v:24:y:2011:i:1:p:15-27
    DOI: 10.1007/s13563-011-0003-8
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    References listed on IDEAS

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    1. Sohn, Ira, 2005. "Long-term projections of non-fuel minerals: We were wrong, but why?," Resources Policy, Elsevier, vol. 30(4), pages 259-284, December.
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    Cited by:

    1. Rami Rawashdeh, 2023. "Estimating short-run (SR) and long-run (LR) demand elasticities of phosphate," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(2), pages 239-253, June.
    2. Gorman, R. & Brockmeier, M. & Boysen-Urban, K., 2018. "Phosphorus Scarcity: The Neglected Issue in the Modeling of Future Food Security," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276011, International Association of Agricultural Economists.
    3. Luo, Zhibo & Ma, Shujie & Hu, Shanying & Chen, Dingjiang, 2017. "Towards the sustainable development of the regional phosphorus resources industry in China: A system dynamics approach," Resources, Conservation & Recycling, Elsevier, vol. 126(C), pages 186-197.
    4. Ilinova, Alina & Dmitrieva, Diana & Kraslawski, Andrzej, 2021. "Influence of COVID-19 pandemic on fertilizer companies: The role of competitive advantages," Resources Policy, Elsevier, vol. 71(C).
    5. Reijnders, L., 2014. "Phosphorus resources, their depletion and conservation, a review," Resources, Conservation & Recycling, Elsevier, vol. 93(C), pages 32-49.
    6. al Rawashdeh, Rami & Maxwell, Philip, 2014. "Analysing the world potash industry," Resources Policy, Elsevier, vol. 41(C), pages 143-151.
    7. Dmitrieva, D. & Ilinova, A. & Kraslawski, A., 2017. "Strategic management of the potash industry in Russia," Resources Policy, Elsevier, vol. 52(C), pages 81-89.
    8. Heckenmüller, Markus & Narita, Daiju & Klepper, Gernot, 2014. "Global availability of phosphorus and its implications for global food supply: An economic overview," Kiel Working Papers 1897, Kiel Institute for the World Economy (IfW Kiel).

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