Export tariff on NPK fertilizer cut to 0%
New tax rate effective from July 15.
2022 fertilizer exports surpass $1bln
Over 1.6 million tons of fertilizer exported last year.
Domestic fertilizer prices heading upwards
From the beginning of the year to the middle of March, domestic fertilizer prices increased three times and are now 20 per cent higher than at the end of 2021. Price rises are primarily due to many import contracts being canceled by foreign partners. It is forecast that prices will continue to increase as the conflict between Russia and Ukraine shows no sign of ending.