Material Insights · Understanding the Material World

Phosphoric acid: Production

Where 8 Mt of new phosphate capacity is coming

What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.
MeasureFigureDetailSource
World capacity63.7 Mt P2O5 world phosphate capacity (2025), rising to 71.7 Mt by 2029USGS reports capacity on a P2O5 basis across products; acid-specific capacity is not separated.USGS MCS 2026
World outputabout 45 Mt P2O5 (2025, indicative)World P2O5 used in fertiliser was 47.8 Mt; most goes through wet-process acid.USGS MCS 2026 (indicative derivation)
Capacity utilisationabout 75% of world phosphate capacity (2025, derived)47.8 Mt against 63.7 Mt; Nutrien ran its phosphate plants at 80% in 2025; Mosaic cut US output by about 2 Mt in 2026 on sulphur costs.Phosphate tile (USGS; Nutrien 2025 MD&A); Hellenic Shipping News (2026)
ConcentrationChina about 44% of rock; top 3 (China, Morocco, US) about 66% (2025, proxy)Shares are of phosphate rock, used as a proxy because acid output by country is not published. Morocco holds 68% of world reserves. OCP dominates the merchant acid trade.USGS MCS 2026
New capacity8 Mt P2O5 of new world capacity by 2029 (USGS)Expansions in Brazil, Kazakhstan, Mexico, Morocco and Russia by 2028; new mines in Canada, Congo, Guinea-Bissau and Senegal after 2028; Coromandel's 650 t/day Kakinada acid plant (FY26).USGS MCS 2026; Coromandel FY26

Top producing countries

China 44% · 110 Mt rock (2025); largest acid producer Morocco 14% · 36 Mt rock (2025); largest merchant acid exporter (OCP) United States 8% · 20 Mt rock (2025) Russia 5.6% · 14 Mt rock (2025) Jordan 4.8% · 12 Mt rock (2025); JPMC sells acid to India Saudi Arabia 4% · 10 Mt rock (2025) USGS MCS 2026 (rock output used as proxy); USGS MCS 2026 (proxy); USGS MCS 2026 (proxy); Argus (2026)

Largest producers: global

CompanyCountryVolumeYearSource
OCP Group Largest merchant acid seller; joint ventures with Indian buyers Morocconot published 2025not published in sources used
The Mosaic Company Cut phosphate output by about 2 Mt in 2026 USnot published 2026Hellenic Shipping News (2026)
Ma'aden Integrated rock, acid and DAP Saudi Arabianot published 2025not published in sources used
PhosAgro Igneous apatite, low cadmium Russianot published 2025not published in sources used
Jordan Phosphate Mines Company (JPMC) Settled Q2 and Q3 2026 contracts with Coromandel Jordannot published 2026Argus (2026)
Nutrien Settled Q1 2026 contract with Coromandel Canadanot published 2026Fertilizer Daily (2026)
Yuntianhua Largest Chinese phosphate producer (indicative) Chinanot published 2025not published in sources used

Largest producers: India

CompanyCountryVolumeYearSource
Coromandel International Added a 650 t/day phosphoric acid plant at Kakinada; also a leading acid importer Indianot published 2026Coromandel FY26 results via phosphate tile
Paradeep Phosphates Acid and DAP at Paradip Indianot published 2025not published in sources used
IFFCO Paradeep complex; JV acid supply from Jordan and Senegal (indicative) Indianot published 2025not published in sources used
Hindalco (Dahej) Uses copper smelter acid Indianot published 2025not published in sources used
GSFC Sikka and Vadodara phosphate units Indianot published 2025not published in sources used

India has little phosphate rock and imports rock (40.4% of world rock import value in 2024), acid and DAP. It is the largest buyer of merchant acid (36.5% of world import value in 2024, UN Comtrade), through quarterly contracts with OCP, JPMC, Nutrien and others, and through overseas joint ventures.

Position by region

RegionPosition
USMosaic and Nutrien integrate rock and acid; US recovered 45 kt FSA from three acid plants in 2025 (USGS).
EUFew acid plants remain; imports low-cadmium acid and fertiliser to meet the 60 mg Cd/kg P2O5 limit.
IndiaLargest merchant acid importer; contract prices rose 32% from Q1 to Q3 2026.
ChinaLargest producer; export quotas on phosphate fertilisers shape world supply; growing LFP demand for purified acid.
JapanSmall; imports purified acid.
Middle EastMa'aden and JPMC are large exporters; Gulf shipping risk hit sulphur and ammonia inputs in 2026.