Market Brief
Russia Foresees Boom in Nitrogen Fertilizer Production, an Industrial Info Market Brief
Urea and ammonium nitrate remain Russia's most popular exports. With upgrades to existing plants and launches of new ones, Russia expects nitrogen fertilizer production to hit 12.3 million tons by 2025
Released Wednesday, June 26, 2019
Urea and ammonium nitrate remain Russia's most popular exports. With upgrades to existing plants and launches of new ones, Russia expects nitrogen fertilizer production to hit 12.3 million tons by 2025.
Global nitrogen fertilizer consumption increased 0.4% to 105.7 million tons in 2018, according to the International Fertilizer Manufacturers Association (IFA). At the same time, Russia's nitrogen exports increased 1% to more than 1 million tons, according to state media. Industrial Info is tracking 134 active nitrogen fertilizer projects, worth than $9.3 billion, in Russia. Click here for a list, and see graph below for a breakdown by federal subject (state).
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