26.4% — growth in Russian fertilizer supplies to the EU

▪️4.93 million tons — import of Russian fertilizers to the EU by the end of 2024. The growth in annual terms was 26.4%, the experts state

27.4% — Russia’s share in total European fertilizer imports, increased from 23.5% a year earlier

The decline in the competitiveness of European producers caused by high gas prices is the main reason for the reduction in domestic fertilizer production with an increase in imports from Russia.

 

KRISTALL OF GROWTH previously reported that, according to the Financial Times, after the imposition of sanctions against Russia, Russian fertilizers have become the “new gas” for Europe.