Fertilizer production in Russia in 2022 to remain nearly at 2021 levels - Mazepin

MOSCOW. Nov 23 (Interfax) - The Russian fertilizer industry expects to maintain production in 2022 at almost the same level as last year, said Dmitry Mazepin, co-owner of Uralchem and chairman of the RSPP Mineral Fertilizer Commission, at a meeting with Russian President Vladimir Putin.

"The industry is working quite steadily. This year we will produce almost the same volume as last year," he said.

Fertilizer output by Russian enterprises was 42 million tonnes in 10M 2022, while supply to the domestic market was 12 million tonnes. "The domestic market is growing by 7-8% annually," he said.

According to the Russian Association of Fertilizer Producers (RAPU), Russia produced 58.6 million tonnes of fertilizers in 2021 in physical weight (or 26.3 million tonnes in terms of 100% active ingredient).

According to Rosstat, in 9M 2022, Russian companies reduced fertilizer production by 10% year-on-year to 17.7 million tonnes (in terms of 100% active ingredient). Production of potassium fertilizers dropped by 29%. Production of phosphate fertilizers increased by 1.2% and nitrogen fertilizers - by 4.2%.