Imports of Russian fertilizers by Poland experienced a significant surge in July 2023 compared to the previous year, according to an analysis of official data by RIA Novosti. The data reveals that Polish companies purchased $20.2 million worth of fertilizer in July, a stark increase from the $6.2 million spent in the same month the previous year. This surge in imports propelled Russia to the second position among Poland’s largest suppliers, a notable improvement from its sixth-place ranking in July 2022.
The leading supplier of fertilizers to Poland in July was Germany, which delivered $22.6 million worth of the commodity. Lithuania came in third with $13.5 million, while Finland and the Netherlands rounded out the top five, exporting $8.3 million and $8.1 million worth of fertilizers, respectively.
Poland had been actively reducing its purchases of Russian fertilizers since April 2022 as part of its effort to sever economic ties with Moscow. Consequently, imports from Russia plummeted 21 times within a span of just one month. However, a rebound in shipments began in June, and by the end of last year, Poland had purchased a total of $225.1 million worth of Russian fertilizers, a decline from the $360 million figure recorded in 2021.
Statistics for the first seven months of this year, from January to July, indicate that Poland imported $97.6 million worth of fertilizers from Russia. Although this figure represents a 25% decrease compared to the same period in 2022, it still reflects a significant volume of imports from Russia.
It is worth noting that Russia is the world’s largest fertilizer producer, accounting for approximately 15% of global consumption. While Russian fertilizer exports have not been directly targeted by Western sanctions, restrictions have undoubtedly impacted deliveries, resulting in a 15% decrease in exports in 2022.
The news of Poland’s increased imports of Russian fertilizers comes at a time when Russia seeks more control over its fertilizer sales. Bloomberg has reported on Russia’s efforts to exert greater influence in the fertilizer market, highlighting the country’s desire to enhance its dominance as a major global producer.
Overall, the data indicates a notable resurgence in Polish imports of Russian fertilizers in July 2023, showcasing Russia’s improved standing as a key supplier. While Poland has been actively reducing its reliance on Russian fertilizers, the recent increase in imports suggests a potential shift in these dynamics. Meanwhile, the world continues to monitor Russia’s maneuverings in the fertilizer market, recognizing its significant role as a major global producer.
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