Home » Global Food Security Hangs in the Balance as Fertiliser Shortages Loom Large

Global Food Security Hangs in the Balance as Fertiliser Shortages Loom Large

Economist Steve Keen has sounded the alarm over the potential for a global food crisis, citing the critical role of fertiliser supplies in maintaining crop yields. With the Gulf region accounting for nearly a third of the world’s seaborne fertiliser trade, disruptions to these shipments pose a significant threat to global food security.

Keen pointed out that the absence of fertiliser would directly impact crop yields, making it impossible to sustain the current global population. According to a recent UNCTAD report, the Gulf region exports approximately 16 million tonnes of fertiliser by sea annually, with a substantial portion passing through the Strait of Hormuz, which is now under Iranian control.

Keen’s projections indicate that if fertiliser deliveries are delayed, global food output could decline by as much as 30 percent, exacerbating the existing food security challenges.

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