Fertilizer Import 2022

        India looks towards Canada, Jordanfor fertilizers                              as Russia-Ukraine conflict derails imports

 source - https://www.moneycontrol.com/news/business/india-looks-towards-canada-jordan-for-fertilizers-as-russia-ukraine-conflict-derails-imports-8185011.html#:~:text=India%20imported%2010.61%20lakh%20tonnes,nitrogen%2C%20phosphorous%20and%20potassium).

India depends heavily on imports for meeting its fertiliser needs; industry experts say more than half the urea the country consumes comes from other nations. With low self-sufficiency, volatility in global fertiliser supplies is bound to have a significant impact on India. In any case, due to pandemic-related disruptions, fertiliser imports had been rising even before the Russia-Ukraine conflict emerged. Between 2018-19 and 2020-21, there was an almost 8 percent increase in total fertiliser imports to nearly 203.3 lakh tonnes from 188.4 lakh tonnes.

And as per data presented in the Lok Sabha, imports of four types of fertiliser from just Russia have nearly doubled in these three years. India imported 10.61 lakh tonnes of fertilisers in FY19, rising to 19.15 lakh tonnes by FY21. The imports comprised four categories of fertiliser—urea, DAP (diammonium phosphate), MOP (muriate of potash) and NPK (nitrogen, phosphorous and potassium).

Since India relies on imports for much of its fertiliser needs, the closure of the Russian and Ukrainian markets is bound to have a significant impact. In FY21, Russia alone accounted for over 17 percent of total MOP imports and nearly 60 percent of NPK imports.