The International Fertilizer Industry Association (IFA) discusses phosphorus and the “peak phosphate” theory. Phosphorus is one of the three essential nutrients that plants must have to grow. There are concerns that world phosphate rock production will peak in 2033-2034 and then decrease as reserves are depleted. According to IFDC’s recent study, World Phosphate Rock Reserves and Resources, there is no indication that phosphate rock production will peak in the next decades or during this century.
While IFA does not believe that phosphate rock depletion is imminent, it states that efforts should be made to to minimize phosphorus losses to the environment and use phosphorus more efficiently.