Russia faces hurdles in meeting global fertilizer demand

Russian producers cannot boost output to cover shortages from the Iran conflict due to export caps and drone attacks. Domestic needs restrict supply growth.

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Russia, the world's largest exporter of fertilizers, faces significant hurdles in addressing a potential global supply shortfall triggered by escalating tensions between the United States and Iran. While the conflict has shuttered production facilities across the Middle East and choked shipping through the Strait of Hormuz, industry sources indicate that Russian producers are unable to ramp up output sufficiently to fill the void.

Agricultural workers in the Rostov region of Russia load fertilizer into a seeder during the May 2024 sunflower planting season. REUTERS/Sergey Pivovarov
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