RISKS OF DISRUPTION OF GLOBAL AGRICULTURE 3/3

27 Mar

RISKS OF DISRUPTION OF GLOBAL AGRICULTURE 3/3

The current paralysis acts as a catalyst for a historic pivot toward domestic agricultural inputs. If the blockade persists through the 2026 season, the pass-through of high costs to meat, dairy, and grains will become inevitable by autumn. This crisis is accelerating a technological shift, with the green ammonia and specialized fertilizer market projected to jump from 30.8 billion in 2026 to over 52 billion by 2034 as nations race to decouple their food security from volatile conflict zones.

Key Points

  • Global fertilizer market held hostage by the Strait of Hormuz
  • Significant asymmetry in dependencies (energy vs. fertilizers)
  • Vulnerability of fertilizer supplies
  • Structure of the global supply chain
  • Pre-crisis overview (2025 – early 2026)
  • The 2026 shock: contagion mechanisms
  • Toward a reshaping of production chains
  • Stock market behavior and macroeconomic risks
  • Forecasts and risks for the 2026 harvests
  • Inevitable return of inflation in H2