Russia slightly decreased production of fungicides during 5 months of 2022

As the Federal State Statistics Service reports, during the first five months of this year, the production of herbicides in Russia increased by 14.2% to 63.8 thousand tons, while fungicides, on the contrary, fell by 1.5% to 19 thousand tons.

In May, the output of herbicides increased by 15.3% compared to the same month in 2021 and amounted to 11.3 thousand tons, while the output of fungicides decreased by 1.5% to 2.8 thousand tons. Compared to April 2022, the production of herbicides and fungicides decreased by 29.5% and 31.5%, respectively.

“The fall in the output of two key groups of plant protection products in May 2022 might be associated with a decrease in imports of components for their production as a result of Western sanctions against Russia. However, in the long term, their production will grow due to the implementation of several investment projects outlined by Russian companies,” commented the information and analytical service of Fertilizer Daily.