26 September 2011 16:17 [Source: ICIS news]
MOSCOW (ICIS)--Russia's mineral fertilizers output is expected to increase by 18.6% and exports will rise by 8.9% by 2014 compared with 2010 levels, the Russian Economic Development Ministry said in a mid-term fertilizer sector outlook released on Monday.
Russia's fertilizer imports are expected to fall by 40% from the 49,000 tonnes imported in 2010, the outlook added.
In 2010, Russia's total production of mineral fertilizers rose by 22.6% year on year to 17.936m tonnes, according to governmental statistics.
Russia's overall exports of mineral fertilizers rose by 20.3% year on year in 2010, to 10.613m tonnes.
Production and export volumes are expected to increase because of new production capacities, the ministry said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections