Fertilizers costs double in Europe

3 декабря 2021
Next year, the agricultural producers of the European continent can expect hard times: the cost of fertilizers, following the gas price, has more than doubled. And it will undoubtedly lead to a decrease in agricultural production and food prices. That was the warning given by the executive director of Europe's largest company, Yara. Svein Holzeter admitted that the company was forced to reduce production by 40%, and the products rapidly became more expensive. Nevertheless, the European Union imposed sanctions against the powerful competitor of the European supplier of fertilizers -Belarusian enterprise "Grodno Azot". After all, our products are much more attractive in price due to reasonable gas tariffs.  And who suffered as a result of it? European farmers, who now have no choice.