EXPORT POTENTIAL OF RUSSIAN MINERAL FERTILIZER PRODUCERS

Issue № 7, 2024, article № 6, pages 56-67

Section: Material and technical base of the agro-industrial complex

Language: Russian

Original language title: ЭКСПОРТНЫЙ ПОТЕНЦИАЛ ПРОИЗВОДИТЕЛЕЙ РОССИЙСКИХ МИНЕРАЛЬНЫХ УДОБРЕНИЙ

Keywords: MINERAL FERTILIZERS, EXPORT ORIENTATION, EXPORT PRICES, RUSSIA, SANCTIONS, DUTIES, QUOTAS, WORLD MARKET

Abstract: In the modern realities of the agro-industrial sector, mineral fertilizers act as a driver of intensive growth in various sectors of agricultural production, thereby helping to solve the problem of ensuring food security of the population. Moreover, due to the geographical division of production and consumption of mineral fertilizers, both their producers and consumers are dependent on foreign trade. Changes in the availability of key production factors and solvency parameters of major consumers, as well as institutional factors, observed over recent years, lead to increased competition and transformation of trade flows in the global fertilizer market. It is noted that the Russian Federation today occupies the place of one of the largest exporters of fertilizers. The parameters and structure of Russian fertilizer exports are considered. Russia's place in the global fertilizer market and its position in the main segments have been determined. Particular attention is paid to the analysis of export prices for domestic fertilizers, as well as assessing the impact of export quotas and duties introduced by Russia on the process of pricing fertilizers. Based on the results of the study, it was concluded that a significant change in fundamental factors in the world market leads to the emergence of a risk of shortages in certain regions of the world and the risk of farmers reducing fertilizer application rates due to the volatility of fertilizer prices, which may affect the sustainability of the development of the world food system. At the same time, it is almost impossible to completely replace Russian mineral fertilizers on the global market.

Authors: Bogachev Aleksandr Ivanovich, Shkurkin Sergey Ivanovich