FAO: Fertilizer Trade Down 30 Percent
The Food and Agriculture Organization (FAO) reported that global fertilizer trade decreased by 30% during the first four months of 2026, with a transaction volume of 41 million tons compared to 58 million tons in the same period of 2025. This decline was attributed to the war in the Middle East and export restrictions imposed by countries such as China and Turkey. Additionally, the trade volume dropped to $18 billion, a decrease of 18% year-on-year, with expectations of a slow recovery even as the Strait of Hormuz reopens. Concerns still persist regarding the upcoming agricultural season of 2026-2027, amid ongoing suspension of purchasing activities in several regions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)