Russian Federation: Potassic Fertilizer Market 2025

Potassic Fertilizer Market Size in the Russian Federation

The Russian potassic fertilizer market rose rapidly to $X in 2022, increasing by X% against the previous year. In general, consumption saw a deep setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Potassic Fertilizer Production in the Russian Federation

In value terms, potassic fertilizer production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Potassic Fertilizer Exports

Exports from the Russian Federation

Potassic fertilizer exports from Russia soared to X tons in 2022, picking up by X% on the year before. Overall, exports posted a pronounced expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, potassic fertilizer exports surged to $X in 2022. In general, exports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Brazil (X tons) and Estonia (X tons) were the main destinations of potassic fertilizer exports from Russia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the key foreign market for potassic fertilizers exports from Russia, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average potassic fertilizer export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Potassic Fertilizer Imports

Imports into the Russian Federation

In 2022, approx. X tons of potassic fertilizers were imported into Russia; falling by X% on the previous year. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, potassic fertilizer imports declined remarkably to $X in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belarus (X tons) constituted the largest potassic fertilizer supplier to Russia, accounting for a X% share of total imports. Moreover, potassic fertilizer imports from Belarus exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Belarus stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Sweden (X% per year).

In value terms, Belarus ($X), Belgium ($X) and Sweden ($X) appeared to be the largest potassic fertilizer suppliers to Russia, with a combined X% share of total imports.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average potassic fertilizer import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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