World Bank fertiliser price index rose more than 12 percent in Q1 2026, reaching its highest level since October 2022.

WHY THIS MATTERS · This matters because most of the world's fertilizer flows through a handful of choke points — Russian and Belarusian potash, Moroccan phosphate, gas-linked nitrogen — so one export curb or gas spike raises fertilizer costs, cuts crop yields, and pushes food prices up fastest in poor import-dependent countries.

Part of the monitored dynamic Fertilizer Supply Security · VUCA INDEX 61/100