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Commodityphosphate

Critical · 1 lists

Phosphate

industrial_mineral · primary

USGS_2025

Bottom line

Phosphate sits on 1 federal critical-minerals list; mine supply is moderately concentrated (HHI 0.24, 2025), led by 🇨🇳 China at 45% of output. The US is 16% net import-reliant (2025). Prices rose 4% over the past year (+5%/yr over 4y).

At a glance

Headline indicators

Price · 2026

153$/mt

World Bank Pink Sheet

Price trend

+4% 1Y

+5%/yr · 4Y CAGR

US net import reliance · 2025

16%

Mine production HHI

0.24

Moderate · 2025

From ore to use

lifecycle flow

01Reserves
73.0Bt
Morocco leads · 68% share
02Production
245.7Mt
China top · 2025
03Trade
3.4Mt
net importer · 2025

Coverage

Data coverage notes

no dataNo commodity-decomposed recycling data - No USGS MCS Fig13 scrap rows. EU WEEE / battery EOL flows (Phase 6.1.1) are country-keyed only - see country profiles.
datedExport-restriction inventory ends 2020 - The OECD industrial-raw-materials inventory (vendored snapshot) reports HS-line measures only through 2020; restrictions enacted since are not reflected in the measure table.
narrowConsumption geography is single-economy (United States) - Reported consumption covers one economy only - the world usage split must be read from trade flows, not from a consumption table.

Provenance

Where this data comes from

04Stocks

8.4Mt

year-end · 2025

05Consumption

21.0Mt

Consumption, apparent · 2025

Methodology

How strata reads a commodity

The eight-stage lens, the observed-vs-estimated membrane, stage-honest supply, per-stage concentration, ownership resolution and the demand lens - the full method is illustrated live on copper, nickel and lithium.

Read the methodology, illustrated live →

BGS World Mineral Statistics
strata midstream/components census
midstream_components_seed
strata ownership-control seed
ownership_control_seed
SEC S-K 1300 TRS - LLM extraction lane
sec_edgar_ex96_pdf
USGS MCS (Price, average value, f.o.b. m)
USGS Mineral Commodity Summaries 2026
USGS Mineral Commodity Summaries World Data (legacy wide format, 2023-2025 vintages)
USGS Mineral Industry Surveys
USGS Minerals Yearbook OFR 2025-1047
USGS Minerals Yearbook Vol III, reference year 2019
usgs myb1 phosphate 2019
USGS ARDF
USGS National Mine Waste Inventory (NMWI)
usgs_mine_waste
USGS MRDS deposits
usgs_mrds_2016
USGS World Phosphate Mines, Deposits, and Occurrences
usgs_world_phosphate
USGS USMIN Critical Deposits
usmin_critical_deposits
World Bank Pink Sheet

17 sources · titles open the source card · url opens the publisher