Market Size of russia fertilizers Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2030 |
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Market Size (2024) | USD 11.16 Billion |
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Market Size (2030) | USD 16.41 Billion |
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Largest Share by Crop Type | Field Crops |
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CAGR (2024 - 2030) | 6.64 % |
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Fastest Growing by Crop Type | Horticultural Crops |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Russia Fertilizers Market Analysis
The Russia Fertilizers Market size is estimated at USD 11.16 billion in 2024, and is expected to reach USD 16.41 billion by 2030, growing at a CAGR of 6.64% during the forecast period (2024-2030).
- Fastest growing segment by Product - Manganese : Manganese availability in soil decreases with rising pH and is less mobile in the plants thus affecting the young parts of the plant which requires application of fertilizer.
- Largest Segment by Crop Type - Field Crops : The domination of field crops in Fertilizers market is mainly due to its large cultivation area in the country. They account for more than 95% of total crop area.
- Fastest growing by Speciality Type - SRF : Slow Release Fertilizers are affective in constant nutrient supply to plants.Single application can provide nutrition to the crop throughout the season based on climate.
- Largest segment by Application Mode - Soil : It is easy way of fertilizer application and can be applied without any equipment. This method of fertilizer application improves plant health as well as soil fertility.
