Russia Specialty Fertilizer Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The Russia Specialty Fertilizer Market is segmented by Speciality Type ( CRF, Liquid Fertilizer, SRF, Water Soluble ) , by Application Mode ( Fertigation, Foliar, Soil ) and by Crop Type ( Field Crops, Horticultural Crops, Turf & Ornamental )

Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Speciality Type: Water Soluble
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Speciality Type: SRF
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 3.92 %

MAJOR PLAYERS

Key Players

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Market Overview

The Russia Specialty Fertilizer Market stood at 1.82 billion USD in 2022 and is projected to register a CAGR of 3.92% to reach 2.29 billion USD in 2028.

  • Largest Segment by Speciality Type - Water Soluble : These fertilizers provide a wide range of nutrient grades and different application methods, such as foliar, fertigation, and soil application, depending on the requirement.
  • Fastest-growing Segment by Speciality Type - SRF : Slow-release fertilizers are effective in supplying constant nutrients to plants. A single application can provide nutrition to the crop throughout the season based on climate.
  • Fastest-growing Segment by Crop Type - Horticultural Crops : The domination of field crops in the Russian specialty fertilizers market is mainly due to their large cultivation area in the country. They account for more than 95% of the total crop area.
  • Largest Segment by Application Mode - Fertigation : Fertigation has numerous advantages, like increased fertilizer absorption, reduced wastage, decreased nutrient losses and labor costs, and easy applicability.

Scope of the Report

CRF, Liquid Fertilizer, SRF, Water Soluble are covered as segments by Speciality Type. Fertigation, Foliar, Soil are covered as segments by Application Mode. Field Crops, Horticultural Crops, Turf & Ornamental are covered as segments by Crop Type.
Speciality Type
CRF
Polymer Coated
Polymer-Sulfur Coated
Others
Liquid Fertilizer
SRF
Water Soluble
Application Mode
Fertigation
Foliar
Soil
Crop Type
Field Crops
Horticultural Crops
Turf & Ornamental

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Key Market Trends

Why is Water Soluble the largest segment by Speciality Type?

  • The water-soluble fertilizer market in Russia was valued at USD 935.6 million in 2021, with a volume of 1.4 million metric tons. Water-soluble fertilizers were the largest consumed specialty fertilizers in terms of volume and occupied a share of 55.0% in 2021.
  • However, water-soluble fertilizers accounted for a share of 54.0% in terms of value in the same year due to a difference in the price of liquid and water-soluble fertilizers in the country. For instance, in 2022, the price of liquid diammonium phosphate (DAP) in Russia was estimated at USD 4,775.0 per metric ton compared to USD 4,756.0 per metric ton of water-soluble DAP fertilizer in the same year.
  • Russia is the second-largest market for the consumption of liquid fertilizers in the region, accounting for a share of 8.0% of the total liquid fertilizer market in Europe. The country consumed 1.1 million metric tons of liquid fertilizers worth USD 740.6 million in 2021.
  • The controlled-release fertilizer market observed stable growth during the study period. Field crops dominated the market by occupying a share of 91.4%, followed by horticultural crops in 2021.
  • The slow-release fertilizer market in Russia was valued at USD 21.4 million in 2022, with a volume of 24.5 thousand metric tons. The market is projected to record a value of USD 27.9 million by 2028 due to the economic and ecological benefits of slow-release fertilizers.
  • Owing to the advantages of using specialty fertilizers, like a decreased rate of application, the precise release of nutrients, and other economic benefits to the farmer, the specialty fertilizer market in Russia is anticipated to grow during the forecast period.

Competitive Landscape

The Russia Specialty Fertilizer Market is fairly consolidated, with the top five companies occupying 78.34%. The major players in this market are EuroChem Group, ICL Speciality Fertilizers, KuibyshevAzot PJSC, PhosAgro Group of Companies and Trade Corporation International (sorted alphabetically).

Major Players

  1. EuroChem Group

  2. ICL Speciality Fertilizers

  3. KuibyshevAzot PJSC

  4. PhosAgro Group of Companies

  5. Trade Corporation International

*Disclaimer: Major Players are sorted alphabetically

Market Developments

  • February 2022: PhosAgro announces the launch of a new regional company, PhosAgro-Sibir. The company is part of PhosAgro and provides direct supplies of a wide range of mineral fertilizers to agricultural producers in the Siberian and Far Eastern Federal Districts.
  • December 2020: PhosAgro-Region and Exact Farming have signed a cooperation agreement on the development of digital services for Russian customers of PhosAgro’s mineral fertilizers. The companies plan to jointly develop applications for remote monitoring, for evaluating and improving the performance of mineral nutrition systems based on PhosAgro products, and for developing and distributing agronomic expertise.
  • March 2020: Tradecorp released new foliar technology allowing high affinity with thw plant cuticle. it allows precise delivery and better nutrient absorbtion.

Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1 Study Assumptions & Market Definition

    2. 3.2 Scope of the Study​

    3. 3.3 Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1 Acreage Of Major Crop Types

    2. 4.2 Average Nutrient Application Rates

    3. 4.3 Regulatory Framework

    4. 4.4 Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Speciality Type

      1. 5.1.1 CRF

        1. 5.1.1.1 Polymer Coated

        2. 5.1.1.2 Polymer-Sulfur Coated

        3. 5.1.1.3 Others

      2. 5.1.2 Liquid Fertilizer

      3. 5.1.3 SRF

      4. 5.1.4 Water Soluble

    2. 5.2 Application Mode

      1. 5.2.1 Fertigation

      2. 5.2.2 Foliar

      3. 5.2.3 Soil

    3. 5.3 Crop Type

      1. 5.3.1 Field Crops

      2. 5.3.2 Horticultural Crops

      3. 5.3.3 Turf & Ornamental

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Key Strategic Moves

    2. 6.2 Market Share Analysis

    3. 6.3 Company Landscape

    4. 6.4 Company Profiles

      1. 6.4.1 Biolchim SPA

      2. 6.4.2 EuroChem Group

      3. 6.4.3 ICL Speciality Fertilizers

      4. 6.4.4 KuibyshevAzot PJSC

      5. 6.4.5 Mivena BV

      6. 6.4.6 PhosAgro Group of Companies

      7. 6.4.7 Trade Corporation International

      8. 6.4.8 Valagro

  7. 7. KEY STRATEGIC QUESTIONS FOR FERTILIZER CEOS

  8. 8. APPENDIX

    1. 8.1 Global Overview

      1. 8.1.1 Overview

      2. 8.1.2 Porter’s Five Forces Framework

      3. 8.1.3 Global Value Chain Analysis

      4. 8.1.4 Market Dynamics (DROs)

    2. 8.2 Sources & References

    3. 8.3 List of Tables & Figures

    4. 8.4 Primary Insights

    5. 8.5 Data Pack

    6. 8.6 Glossary of Terms

List of Tables & Figures

    Figure 1:  

    RUSSIA MARKET, AREA YOY GROWTH RATE, 2016 - 2021

    Figure 2:  

    RUSSIA MARKET, AREA YOY GROWTH RATE, 2016 - 2021

    Figure 3:  

    RUSSIA SPECIALTY FERTILIZER MARKET, VOLUME, METRIC TON, 2016 - 2028

    Figure 4:  

    RUSSIA SPECIALTY FERTILIZER MARKET, VALUE, USD, 2016 - 2028

    Figure 5:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, VOLUME, METRIC TON, 2016 - 2028

    Figure 6:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, VALUE, USD, 2016 - 2028

    Figure 7:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 8:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 9:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, VOLUME, METRIC TON, 2016 - 2028

    Figure 10:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, VALUE, USD, 2016 - 2028

    Figure 11:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 12:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY COATING TYPE, 2016 - 2028

    Figure 13:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, METRIC TON, 2016 - 2028

    Figure 14:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER COATED, USD, 2016 - 2028

    Figure 15:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 16:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, METRIC TON, 2016 - 2028

    Figure 17:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, POLYMER-SULFUR COATED, USD, 2016 - 2028

    Figure 18:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 19:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, OTHERS, METRIC TON, 2016 - 2028

    Figure 20:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY COATING TYPE, OTHERS, USD, 2016 - 2028

    Figure 21:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 22:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, METRIC TON, 2016 - 2028

    Figure 23:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, LIQUID FERTILIZER, USD, 2016 - 2028

    Figure 24:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 25:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, SRF, METRIC TON, 2016 - 2028

    Figure 26:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, SRF, USD, 2016 - 2028

    Figure 27:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 28:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, METRIC TON, 2016 - 2028

    Figure 29:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, WATER SOLUBLE, USD, 2016 - 2028

    Figure 30:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 31:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, OTHERS, METRIC TON, 2016 - 2016

    Figure 32:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY SPECIALITY TYPE, OTHERS, USD, 2016 - 2016

    Figure 33:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2016

    Figure 34:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, VOLUME, METRIC TON, 2016 - 2028

    Figure 35:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, VALUE, USD, 2016 - 2028

    Figure 36:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY APPLICATION MODE, 2016 - 2028

    Figure 37:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY APPLICATION MODE, 2016 - 2028

    Figure 38:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FERTIGATION, METRIC TON, 2016 - 2028

    Figure 39:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FERTIGATION, USD, 2016 - 2028

    Figure 40:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 41:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FOLIAR, METRIC TON, 2016 - 2028

    Figure 42:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, FOLIAR, USD, 2016 - 2028

    Figure 43:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 44:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, SOIL, METRIC TON, 2016 - 2028

    Figure 45:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY APPLICATION MODE, SOIL, USD, 2016 - 2028

    Figure 46:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 47:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2016 - 2028

    Figure 48:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, VALUE, USD, 2016 - 2028

    Figure 49:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 50:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY CROP TYPE, 2016 - 2028

    Figure 51:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, METRIC TON, 2016 - 2028

    Figure 52:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, FIELD CROPS, USD, 2016 - 2028

    Figure 53:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 54:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, METRIC TON, 2016 - 2028

    Figure 55:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, HORTICULTURAL CROPS, USD, 2016 - 2028

    Figure 56:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 57:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, METRIC TON, 2016 - 2028

    Figure 58:  

    RUSSIA SPECIALTY FERTILIZER MARKET, BY CROP TYPE, TURF & ORNAMENTAL, USD, 2016 - 2028

    Figure 59:  

    RUSSIA SPECIALTY FERTILIZER MARKET MARKET, SHARE(%), BY SPECIALITY TYPE, 2016 - 2028

    Figure 60:  

    RUSSIA SPECIALTY FERTILIZER MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 61:  

    RUSSIA SPECIALTY FERTILIZER MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 62:  

    RUSSIA SPECIALTY FERTILIZER MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • 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, Fiber Crops, and Forage Crops, Horticulture: Fruits, Vegetables, Plantation Crops and Spices, Turf Grass and Ornamentals
  • 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 - Primary Nutrients: N, P and K, Secondary Macronutrients: Ca, Mg and S, Micronutients: Zn, Mn, Cu, Fe, Mo, B, and Others

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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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Frequently Asked Questions

The Russia Specialty Fertilizer Market market is studied from 2016 - 2028.

The Russia Specialty Fertilizer Market stood at 1.82 billion USD in 2022 and is projected to register a CAGR of 3.92% to reach 2.29 billion USD in 2028.

These fertilizers provide a wide range of nutrient grades and different application methods, such as foliar, fertigation, and soil application, depending on the requirement.

Slow-release fertilizers are effective in supplying constant nutrients to plants. A single application can provide nutrition to the crop throughout the season based on climate.

The domination of field crops in the Russian specialty fertilizers market is mainly due to their large cultivation area in the country. They account for more than 95% of the total crop area.

Fertigation has numerous advantages, like increased fertilizer absorption, reduced wastage, decreased nutrient losses and labor costs, and easy applicability.

EuroChem Group,ICL Speciality Fertilizers,KuibyshevAzot PJSC,PhosAgro Group of Companies and Trade Corporation International. are the major companies operating in Russia Specialty Fertilizer Market.