https://en.sputniknews.africa/20230426/russias-phosagro-markedly-boosted-fertilizer-exports-to-africa-asia-in-2022-1058857051.html
Russia's PhosAgro Markedly Boosted Fertilizer Exports to Africa, Asia in 2022
Russia's PhosAgro Markedly Boosted Fertilizer Exports to Africa, Asia in 2022
Sputnik Africa
Russian fertilizer company PhosAgro said it significantly increased exports to emerging markets in Asia and Africa in 2022, including a five-fold increase of exports to India.
2023-04-26T09:20+0200
2023-04-26T09:20+0200
2023-08-03T10:48+0200
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"PhosAgro increased its exports of agrochemical products to India in 2022 more than fivefold, reaching 2.7 million tonnes. Supplies to other Asian countries more than doubled, to 0.4 million tonnes. PhosAgro is Russia’s largest exporter of fertilizers to Africa, with shipments to the continent increasing by a quarter to 0.5 million tonnes," the statement read. PhosAgro's product sales have increased by 6.4% and amounted to 11 million tonnes year-on-year, marking the highest figure in the history of the company, according to the report. The company said it had been able to refocus its exports to developing countries and adapt to new global market conditions. Cherepov added that PhosAgro was doing everything to make its fertilizers accessible to the "priority market of Russia" and other global markets.
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russia's fertilizers supply, russia exports fertilizers to asia and africa, russia's fertilizers export
russia's fertilizers supply, russia exports fertilizers to asia and africa, russia's fertilizers export
Russia's PhosAgro Markedly Boosted Fertilizer Exports to Africa, Asia in 2022
09:20 26.04.2023 (Updated: 10:48 03.08.2023) MOSCOW (Sputnik) – Russian fertilizer company PhosAgro said it significantly increased exports to emerging markets in Asia and Africa in 2022, including a five-fold increase of exports to India, while maintaining the priority of supplying the domestic market.
"PhosAgro increased its exports of agrochemical products to India in 2022 more than fivefold, reaching 2.7 million tonnes. Supplies to other Asian countries more than doubled, to 0.4 million tonnes. PhosAgro is Russia’s largest exporter of fertilizers to Africa, with shipments to the continent increasing by a quarter to 0.5 million tonnes," the statement read.
PhosAgro's product sales
have increased by 6.4% and amounted to 11 million tonnes year-on-year, marking the highest figure in the history of the company, according to the report.
The company said it had been able to refocus its exports to developing countries and adapt to new global market conditions.
"PhosAgro persevered, showing unprecedented flexibility and adaptability: even in this environment, we were able to increase our supplies – primarily to emerging markets," Viktor Cherepov, Chairman of PhosAgro’s Board of Directors, said.
Cherepov added that PhosAgro
was doing everything to make its fertilizers accessible to the "priority market of Russia" and other global markets.
