Brazil’s fertilizer imports are up 16.5%, says Cargonave

Brazil’s fertilizer imports totaled 16.64 million tonnes from January to May 2022, an increase of 16.5% compared to the volume purchased during the same period in 2021, according to data by Cargonave released on June 03.

The increased inflow occurred at a time of uncertainty regarding the supply of fertilizers, as Russia and Belarus, two of the main global suppliers, face reprehensive sanctions against the war in Ukraine. As a result, importers decided to anticipate purchases to secure enough availability for the crop period.

According to the survey, in the first five months of 2021, Brazil acquired 14.28 million tonnes of fertilizers.

In May, Brazil, which imports more than 85% of the fertilizers it uses, recorded the landing of 3.36 million tonnes, nearly 15,000 tonnes more than in the same period in 2021.

See below the track record of Brazil’s fertilizer imports from Russia from January 2021 to April 2022. The data below was provided by DataLiner.

Fertilizer Imports from Russia to Brazil | Jan 2021 – Jan 2022 | WTMT

Source: DataLiner (click here to request a demo)

Potash was the most imported raw material in 2022, with 5.52 million tonnes, followed by urea, with 2.33 million, and monoammonium phosphate (MAP), whose imports reached 1.67 million tonnes.

Source: Money Times

To read the full original article, please go to:

https://www.moneytimes.com.br/importacoes-de-fertilizantes-do-brasil-aumentam-165-ate-maio-diz-cargonave/

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