Russia Micronutrient Fertilizer Market Size & Share Analysis - Growth Trends & Forecasts UP TO 2028

The Russia Micronutrient Fertilizer Market is segmented by Product ( Boron, Copper, Iron, Manganese, Molybdenum, Zinc, Others ) , by Application Mode ( Fertigation, Foliar, Soil ) and by Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental ).

Russia Micronutrient Fertilizer Market Size

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Russia Micronutrient Fertilizer Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 166 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 235.8 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Product Copper
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.03 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Product Molybdenum

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Russia Micronutrient Fertilizer Market Analysis

The Russia Micronutrient Fertilizer Market size is estimated at 166 million USD in 2024, and is expected to reach 235.8 million USD by 2030, growing at a CAGR of 6.03% during the forecast period (2024-2030).

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166 Million

Market Size in 2024 (USD)

235.8 Million

Market Size in 2030 (USD)

2.91 %

CAGR (2017-2023)

6.03 %

CAGR (2024-2030)

Largest Segment by Type

36.13 %

value share, Copper, 2023

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The country soils include sandy soils, calcareous soils, and soils with high organic content exhibiting copper deficiency. This will drive the copper market in Russia.

Fastest Growing Type

6.63 %

Projected CAGR, Molybdenum, 2024-2030

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The growing molybdenum micronutrient deficiency in the country's acidic soils and soils with low pH content may raise the molybdenum fertilizer usage in the country.

Largest Segment by Crop Type

95.14 %

value share, Field Crops, 2023

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The demand for consistent and higher yields of staple field crops like wheat and corn in the country has lead to greater usage of fertilizers to ensure optimum productivity.

Largest segment by Application Mode

91.03 %

value share, Soil, 2023

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Soil is the most common method for micronutrient application. The chelated micronutrients are proven to have fewer reactions in the soil, can increase application through soil.

Leading Market Player

10.38 %

market share, Yara International ASA, 2022

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The company has several products catering to the needs of Russian farmers. The strong distribution network of Yara International ASA has a vital role for its market position.

Zinc micronutrient fertilizer dominated the Russian micronutrient fertilizer market

  • Micronutrients actively participate in crucial plant metabolic activities, including cell wall formation, pollen development, germination, chlorophyll synthesis, nitrogen fixation, and protein component synthesis.
  • In 2022, copper dominated Russia's micronutrient fertilizer market, constituting approximately 40.5% of the total value. Copper is pivotal in chlorophyll formation and vital for numerous enzymatic processes. Its deficiency significantly hampers crop yield, leading to subpar grain filling and malformed kernels.
  • Zinc held the second-largest market share in Russia's micronutrient fertilizer market in 2022, accounting for around 23.5% of the total value. Zinc is a key constituent of plant enzyme systems, facilitating the activation of diverse enzymes and enhancing carbohydrate metabolism.
  • Molybdenum, comprising 2.5% of the overall micronutrient market in 2022, is an essential trace element. Unlike most micronutrients, its availability to plants increases with soil pH. Molybdenum is crucial for the production and functioning of the nitrate reductase enzyme.
  • In 2022, boron micronutrient fertilizers held the second-largest market share in Russia, accounting for 25.7% in terms of consumption volume. However, in terms of market value, boron micronutrients only commanded 5.2%, primarily due to their relatively lower cost compared to other micronutrients in the country.
  • Given their pivotal role in plant metabolism, the micronutrient fertilizers market is poised for growth in the coming years.
Russia Micronutrient Fertilizer Market

Russia Micronutrient Fertilizer Market Trends

Russia is focusing on increasing field crop production to meet the domestic demand and ensure its food security

  • In Russia, field crops dominate the agricultural landscape, covering 96.5% of the total cultivated area. Key field crops in Russia include wheat, corn, soybean, and rye. Notably, the country witnessed a 7% increase in its cultivated area in 2022.
  • Wheat takes center stage in Russian agriculture, occupying 45.4% of the field crop area. The primary wheat-growing regions span the North Caucasus, Black Earth, Volga, Ural, and West Siberia. Russia experiences two distinct wheat-growing seasons: winter and spring. Projections for the 2022/23 marketing year indicate a record-breaking wheat production of 92.0 million metric tons (mmt), marking a 22% surge from the previous year and an 18% jump from the 5-year average. This estimate comprises 68.0 mmt of winter wheat and 24.0 mmt of spring wheat. Furthermore, the projected wheat yield stands at an all-time high of 3.17 tons per hectare (t/ha), reflecting a 17% increase from the prior year and a 12% rise from the 5-year average. Turning to corn, Russia anticipates production of 15.8 million metric tons (mmt) in the 2022/23 marketing year, marking a 13% increase from the previous month and a 4% rise from the previous year. The projected corn yield stands at a record 6.00 tons per hectare (t/ha), reflecting a 7% increase from the previous month and a 14% rise from the previous year.
  • Russia boasts vast untapped agricultural land and concerted efforts are underway to bring more of it to cultivation. This push to expand arable land amplifies the acreage dedicated to field crops and underscores the Russian government's commitment to bolster agricultural production. The government's initiatives, including subsidies, grants, and favorable lending conditions, serve as catalysts, incentivizing farmers to expand their crop cultivation.
Russia Micronutrient Fertilizer Market

The most consumed micronutrients by field crops in Russia is zinc that accounted for 33.7% in 2022

  • Micronutrients play a pivotal role in crop nutrition, being essential for plant growth. Insufficient levels of these micronutrients can impede plant growth. Micronutrient fertilizers, containing trace elements like boron, copper, manganese, zinc, and cobalt, are crucial for plants, albeit in small quantities. In the year 2022, the average application rate of micronutrients in Russian field crops stood at 4.2 kg per hectare.
  • Among Russian field crops, wheat, corn, soybean, and rye take the lead. These crops accounted for a significant 95.0% share of micronutrient consumption, totaling 14.4 million metric tons in 2022. On average, wheat, corn, and soybean received nutrient application rates of 4.2 kg/ha, 3.6 kg/ha, and 4.4 kg/ha, respectively.
  • Manganese topped the list of most-consumed micronutrients by Russian field crops, with an average application rate of 10.9 kg/hectare in 2022. Copper followed with 7.1 kg/hectare, zinc with 6.7 kg/hectare, and iron with 3.3 kg/hectare. Manganese is crucial for crop functions like photosynthesis and enzyme activation, aiding in the conversion of nitrate, a readily usable form of nitrogen for crops. In the year 2022, rapeseed or canola stood out as the highest manganese-consuming crop, with an application rate of 12.2 kg/hectare.
  • The growing emphasis on sustainable farming practices and the imperative to maintain optimal soil micronutrient levels for crop growth are expected to propel the Russian micronutrient fertilizers market in the coming years.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Russia is aiming for 60.0% self-sufficiency in fruits and vegetable cultivation, increasing the area under cultivation
  • Russia is one of the major agricultural countries in the European region and occupied a major share of the region's irrigation area with 21.5% in the year 2022
  • Lower crop yield due to insufficient micronutrient levels in the agricultural soils

Russia Micronutrient Fertilizer Industry Overview

The Russia Micronutrient Fertilizer Market is fragmented, with the top five companies occupying 24.54%. The major players in this market are Biolchim SPA, EuroChem Group, ICL Group Ltd, Mivena BV and Yara International ASA (sorted alphabetically).

Russia Micronutrient Fertilizer Market Leaders

  1. Biolchim SPA

  2. EuroChem Group

  3. ICL Group Ltd

  4. Mivena BV

  5. Yara International ASA

Russia Micronutrient Fertilizer Market Concentration

Other important companies include Trade Corporation International, Valagro.

*Disclaimer: Major Players sorted in alphabetical order.

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Russia Micronutrient Fertilizer Market News

  • May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.
  • January 2022: Yara and Lantmännen signed a commercial agreement to bring “green” fertilizers to the market. Produced with renewable energy, these green nitrogen fertilizers are vital to decarbonizing the food chain and offering consumers more sustainable food choices.
  • July 2019: Tradecorp released highly efficient iron chelate with progressive biodegradability IsliFe 8.2, a new solution to identify and correct iron deficiencies even under unfavourable conditions such as calcsreous and alkaline soils as well as extreeme PH ranges.

Free with this Report

Along with the report, We also offer a comprehensive and exhaustive data pack with 25+ graphs on area under cultivation and average application rate per hectare. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.

Russia Micronutrient Fertilizer Market
Russia Micronutrient Fertilizer Market
Russia Micronutrient Fertilizer Market
Russia Micronutrient Fertilizer Market

Russia Micronutrient Fertilizer Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Acreage Of Major Crop Types

      1. 2.1.1. Field Crops

      2. 2.1.2. Horticultural Crops

    2. 2.2. Average Nutrient Application Rates

      1. 2.2.1. Micronutrients

        1. 2.2.1.1. Field Crops

        2. 2.2.1.2. Horticultural Crops

    3. 2.3. Agricultural Land Equipped For Irrigation

    4. 2.4. Regulatory Framework

    5. 2.5. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 3.1. Product

      1. 3.1.1. Boron

      2. 3.1.2. Copper

      3. 3.1.3. Iron

      4. 3.1.4. Manganese

      5. 3.1.5. Molybdenum

      6. 3.1.6. Zinc

      7. 3.1.7. Others

    2. 3.2. Application Mode

      1. 3.2.1. Fertigation

      2. 3.2.2. Foliar

      3. 3.2.3. Soil

    3. 3.3. Crop Type

      1. 3.3.1. Field Crops

      2. 3.3.2. Horticultural Crops

      3. 3.3.3. Turf & Ornamental

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Biolchim SPA

      2. 4.4.2. EuroChem Group

      3. 4.4.3. ICL Group Ltd

      4. 4.4.4. Mivena BV

      5. 4.4.5. Trade Corporation International

      6. 4.4.6. Valagro

      7. 4.4.7. Yara International ASA

  7. 5. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. CULTIVATION OF FIELD CROPS IN HECTARE, RUSSIA, 2017 - 2022
  1. Figure 2:  
  2. CULTIVATION OF HORTICULTURAL CROPS IN HECTARE, RUSSIA, 2017 - 2022
  1. Figure 3:  
  2. CONSUMPTION OF MICRONUTRIENTS BY FIELD CROPS IN KG/HECTARE, RUSSIA, 2022
  1. Figure 4:  
  2. CONSUMPTION OF MICRONUTRIENTS BY HORTICULTURAL CROPS IN KG/HECTARE, RUSSIA, 2022
  1. Figure 5:  
  2. AGRICULTURAL LAND EQUIPPED FOR IRRIGATION IN HECTARE, RUSSIA, 2022
  1. Figure 6:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 7:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 8:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY PRODUCT IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 9:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY PRODUCT IN USD, RUSSIA, 2017 - 2030
  1. Figure 10:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY PRODUCT IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 11:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY PRODUCT IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 12:  
  2. BORON FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 13:  
  2. BORON FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 14:  
  2. BORON FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 15:  
  2. COPPER FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 16:  
  2. COPPER FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 17:  
  2. COPPER FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 18:  
  2. IRON FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 19:  
  2. IRON FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 20:  
  2. IRON FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 21:  
  2. MANGANESE FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 22:  
  2. MANGANESE FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 23:  
  2. MANGANESE FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 24:  
  2. MOLYBDENUM FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 25:  
  2. MOLYBDENUM FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 26:  
  2. MOLYBDENUM FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 27:  
  2. ZINC FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 28:  
  2. ZINC FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 29:  
  2. ZINC FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 30:  
  2. OTHERS FERTILIZER CONSUMPTION IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 31:  
  2. OTHERS FERTILIZER CONSUMPTION IN USD, RUSSIA, 2017 - 2030
  1. Figure 32:  
  2. OTHERS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 33:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY APPLICATION MODE IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 34:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY APPLICATION MODE IN USD, RUSSIA, 2017 - 2030
  1. Figure 35:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY APPLICATION MODE IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 36:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY APPLICATION MODE IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 37:  
  2. FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 38:  
  2. FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, RUSSIA, 2017 - 2030
  1. Figure 39:  
  2. FERTIGATION APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 40:  
  2. FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 41:  
  2. FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, RUSSIA, 2017 - 2030
  1. Figure 42:  
  2. FOLIAR APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 43:  
  2. SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 44:  
  2. SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN USD, RUSSIA, 2017 - 2030
  1. Figure 45:  
  2. SOIL APPLICATION OF MICRONUTRIENTS FERTILIZER IN VALUE BY CROP TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 46:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY CROP TYPE IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 47:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY CROP TYPE IN USD, RUSSIA, 2017 - 2030
  1. Figure 48:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VOLUME BY CROP TYPE IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 49:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY CROP TYPE IN %, RUSSIA, 2017 VS 2023 VS 2030
  1. Figure 50:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY FIELD CROPS IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 51:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY FIELD CROPS IN USD, RUSSIA, 2017 - 2030
  1. Figure 52:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 53:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 54:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY HORTICULTURAL CROPS IN USD, RUSSIA, 2017 - 2030
  1. Figure 55:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 56:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN METRIC TON, RUSSIA, 2017 - 2030
  1. Figure 57:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION BY TURF & ORNAMENTAL IN USD, RUSSIA, 2017 - 2030
  1. Figure 58:  
  2. MICRONUTRIENTS FERTILIZER CONSUMPTION VALUE BY SPECIALITY TYPE IN %, RUSSIA, 2023 VS 2030
  1. Figure 59:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, RUSSIA, 2017 - 2030
  1. Figure 60:  
  2. RUSSIA MICRONUTRIENT FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 61:  
  2. MARKET SHARE OF MAJOR PLAYERS IN %, RUSSIA, 2022

Russia Micronutrient Fertilizer Industry Segmentation

Boron, Copper, Iron, Manganese, Molybdenum, Zinc, Others are covered as segments by Product. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.

  • Micronutrients actively participate in crucial plant metabolic activities, including cell wall formation, pollen development, germination, chlorophyll synthesis, nitrogen fixation, and protein component synthesis.
  • In 2022, copper dominated Russia's micronutrient fertilizer market, constituting approximately 40.5% of the total value. Copper is pivotal in chlorophyll formation and vital for numerous enzymatic processes. Its deficiency significantly hampers crop yield, leading to subpar grain filling and malformed kernels.
  • Zinc held the second-largest market share in Russia's micronutrient fertilizer market in 2022, accounting for around 23.5% of the total value. Zinc is a key constituent of plant enzyme systems, facilitating the activation of diverse enzymes and enhancing carbohydrate metabolism.
  • Molybdenum, comprising 2.5% of the overall micronutrient market in 2022, is an essential trace element. Unlike most micronutrients, its availability to plants increases with soil pH. Molybdenum is crucial for the production and functioning of the nitrate reductase enzyme.
  • In 2022, boron micronutrient fertilizers held the second-largest market share in Russia, accounting for 25.7% in terms of consumption volume. However, in terms of market value, boron micronutrients only commanded 5.2%, primarily due to their relatively lower cost compared to other micronutrients in the country.
  • Given their pivotal role in plant metabolism, the micronutrient fertilizers market is poised for growth in the coming years.
Product
Boron
Copper
Iron
Manganese
Molybdenum
Zinc
Others
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental
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Market Definition

  • MARKET ESTIMATION LEVEL - Market Estimations for various types of fertilizers has been done at the product-level and not at the nutrient-level.
  • NUTRIENT TYPES COVERED - Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others
  • AVERAGE NUTRIENT APPLICATION RATE - This refers to the average volume of nutrient consumed per hectare of farmland in each country.
  • CROP TYPES COVERED - Field Crops: Cereals, Pulses, Oilseeds, and Fiber Crops Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
Keyword Definition
Fertilizer Chemical substance applied to crops to ensure nutritional requirements, available in various forms such as granules, powders, liquid, water soluble, etc.
Specialty Fertilizer Used for enhanced efficiency and nutrient availability applied through soil, foliar, and fertigation. Includes CRF, SRF, liquid fertilizer, and water soluble fertilizers.
Controlled-Release Fertilizers (CRF) Coated with materials such as polymer, polymer-sulfur, and other materials such as resins to ensure nutrient availability to the crop for its entire life cycle.
Slow-Release Fertilizers (SRF) Coated with materials such as sulfur, neem, etc., to ensure nutrient availability to the crop for a longer period.
Foliar Fertilizers Consist of both liquid and water soluble fertilizers applied through foliar application.
Water-Soluble Fertilizers Available in various forms including liquid, powder, etc., used in foliar and fertigation mode of fertilizer application.
Fertigation Fertilizers applied through different irrigation systems such as drip irrigation, micro irrigation, sprinkler irrigation, etc.
Anhydrous Ammonia Used as fertilizer, directly injected into the soil, available in gaseous liquid form.
Single Super Phosphate (SSP) Phosphorus fertilizer containing only phosphorus which has lesser than or equal to 35%.
Triple Super Phosphate (TSP) Phosphorus fertilizer containing only phosphorus greater than 35%.
Enhanced Efficiency Fertilizers Fertilizers coated or treated with additional layers of various ingredients to make it more efficient compared to other fertilizers.
Conventional Fertilizer Fertilizers applied to crops through traditional methods including broadcasting, row placement, ploughing soil placement, etc.
Chelated Micronutrients Micronutrient fertilizers coated with chelating agents such as EDTA, EDDHA, DTPA, HEDTA, etc.
Liquid Fertilizers Available in liquid form, majorly used for application of fertilizers to crops through foliar and fertigation.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Russia Micronutrient Fertilizer Market Research FAQs

The Russia Micronutrient Fertilizer Market size is expected to reach USD 165.97 million in 2024 and grow at a CAGR of 6.03% to reach USD 235.79 million by 2030.

In 2024, the Russia Micronutrient Fertilizer Market size is expected to reach USD 165.97 million.

Biolchim SPA, EuroChem Group, ICL Group Ltd, Mivena BV and Yara International ASA are the major companies operating in the Russia Micronutrient Fertilizer Market.

In the Russia Micronutrient Fertilizer Market, the Copper segment accounts for the largest share by product.

In 2024, the Molybdenum segment accounts for the fastest growing by product in the Russia Micronutrient Fertilizer Market.

In 2023, the Russia Micronutrient Fertilizer Market size was estimated at 165.97 million. The report covers the Russia Micronutrient Fertilizer Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Russia Micronutrient Fertilizer Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Russia Micronutrient Fertilizer Industry Report

Statistics for the 2024 Russia Micronutrient Fertilizer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Russia Micronutrient Fertilizer analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Russia Micronutrient Fertilizer Market Size & Share Analysis - Growth Trends & Forecasts UP TO 2028