Russia’s output of all types of mineral fertilizers is expected to have fallen to 50.3 million mt in 2022, an 8% year-over-year fall, Russia’s Tass news agency reported, citing the Russian Fertilizers Producers Association (RFPA).
The producer association also sees lower exports of mineral fertilizers in 2022, predicting a 15% fall to 31.6 million mt compared with 2021.
RFPA reported that the production downturn is mainly on account of lower potash production, where Russian producers faced “a significant reduction” in export capabilities due to sanctions, it said. The association, citing its own data, sees potash production plummeting 36% to 9.6 million mt last year.
In contrast, output of urea is expected to have grown by 4% in 2022, to 9.3 million mt, while production of ammonium nitrate is seen increasing almost 5% to 11.2 million mt.
In the meantime, purchases of mineral fertilizers by Russian farmers is expected to have risen by 15% in 2022.