Translartion. Region: Russians Fedetion –
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Deputy Prime Minister Dmitry Patrushev held a meeting with mineral fertilizer producers. It was attended by heads of leading industry companies and relevant departments.
“The current indicators of the mineral fertilizer market allow us to say with confidence that the industry formed in Russia is one of the strongest in the world. In terms of mineral fertilizer production volumes, we occupy the second line of the global rating. Indeed, we have recorded annual growth. In 2024, production exceeded 63 million tons. This is 7% higher than the year before. And the forecast calculations for 2025 again include a systematic increase in indicators. Thus, we can fully meet our own needs, and this applies to both volumes and the range of products. Saturation of our market is our key task, since the availability of fertilizers directly affects the implementation of strategic plans for agriculture,” said Dmitry Patrushev.
The Deputy Prime Minister recalled that in order to implement the decree of the President of Russia, according to which the agricultural industry should increase production by 25% by 2030, it is important to ensure stability in the domestic fertilizer market. Therefore, special regulatory measures have been in place for several years now.
“Impressive volumes of fertilizer production allow Russia to increase export deliveries year after year. We have the status of one of the largest exporters. And this is our contribution to global food security. However, given the enormous opportunities, we need to develop further in a balanced manner, taking into account the needs of the state and the interests of business,” the Deputy Prime Minister said.
Dmitry Patrushev noted that currently about 60 major investment projects are being implemented in the fertilizer industry and according to plans, more than 70 million tons of mineral fertilizers can be produced in Russia by 2027, and up to 80 million tons by 2030.
Following the meeting, the participants outlined further steps for the development of the industry, which will allow taking into account the interests of the state and business.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.