The EU studies how to make fertilizers cheaper on September 26


Until the start of the war in February, Russia was the largest global exporter of fertilizers, with sales worth almost 8,000 million dollars a year in 2020 (7,992 million euros), but now they have been almost paralyzed by international sanctions.

According to EFEAgro, the prices of synthetic fertilizers -based on nitrogen, phosphorus or potassium- have tripled in the last year. The increase in the price of gas, necessary for its production, has also raised costs.

The European Commission (EC) proposes to lift ammonia import tariffs, a measure that is considered necessary to help fertilizer producers and that will be voted on September 26 in Brussels.

Other related information:

Posible desbloqueo del comercio de fertilizantes y del comercio alimentario. La UE modificará las sanciones a Rusia

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