Polish fertilizer exports almost back to levels seen in 2007

19 January 2012 15:04  [Source: ICIS news]

LONDON (ICIS)--Poland’s fertilizer exports in 2011 almost returned to levels seen before the 2008 global economic crisis, according to preliminary estimates from the Central Statistical Office of Poland (GUS), the statistical agency said on Thursday.

It is expected that Polish exports reached 2.7m tonnes last year compared with the 2.8m tonnes that were sold during 2007, the GUS added.

Around three-fifths of the fertilizers sold abroad during 2011 were nitrogen fertilizers, the agency’s statistics showed.

The value of the sold fertilizers for the whole of last year was expected to exceed €600m ($769m), compared with the €779m brought in by fertilizer sales during 2007, GUS estimated.

Exporters in Poland were last year helped by the weakening of its national currency, the zloty, analysts said.

($1 = €0.78)

By: Will Conroy
+44 20 8652 3214

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