Revenues from the export of nitrogen fertilizers decreased by 40.7%
www.bm.ge / Tiko Javrishvili 25.10.23 16:31

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Revenues from the export of nitrogen fertilizers have decreased sharply. In 9 months of this year, 123 million dollars worth of fertilizers were exported from Georgia, which is 40.7% less compared to the data of 9 months of last year, when the revenues from the export of nitrogen fertilizers exceeded 207 million dollars. According to Geostat data, the main export market is Peru, where products worth 44.49 million dollars were sent. The top three export markets are Romania – with 17.9 million and Tanzania, where 8.6 million dollars worth of nitrogen fertilizers were sent from Georgia. Among the main export markets are Panama and India. What is the situation in the market of nitrogen fertilizers today, how have prices changed and what does the entry of Indorama Group, one of the largest conglomerates in the world, change in the Georgian market?

Guest: Levan Burdiladze – general director of "Rustavis Azoti" JSC, a member of "Indorama" corporation;