V International Conference Fertilizers of Ukraine
Kyiv, Ukraine, 22-23 May 2025

The year of 2024 has been full of events and trends that have had a significant impact on the Ukrainian mineral fertilizer market. Among the key factors affecting the market have been plant restarts, manufacturing upgrades, the energy sector volatility, conscription risks and strong demand from Ukrainian farmers.

OstChem has started up a 300,000-tpy UAN workshop at Rivneazot in 2024 to meet demand from farmers in the western regions of Ukraine. The company has also got its own power generation system installed at the facility. As a result, its power consumption has dropped 40%. Sumykhimprom has been another company to resume production this year. In the spring, the plant was making AS at first and then started the NPK manufacture closer to the autumn application season. Odesa Port Plant (OPZ), which had been idle since 2021, resumed operations in September. Having been in commission for barely two weeks, it failed to resume the urea production due to technical issues.

In August, Grossdorf announced the launch of granular fertilizer and urea ammonium nitrate manufacture in Vinnytsia Oblast. In addition to the manufacturing facility, the company set up a UAN storage and dry fertilizer packaging one.

Despite the positive developments in the industrial sector, stably large fertilizer imports has led to occasional reductions in the output, that of AN and urea in particular. Suppliers have been forced to cope with the sustained demand from farmers with the fertilizers sourced from abroad in advance. Importers and large consumers have also been investing in infrastructure projects to ensure fertilizer supplies. Caspit, for instance, has purchased two vessels to transport fertilizers along the Danube, from Serbia specifically. Kernel Agro Holding, jointly with its Ukrainian partners, has got direct fertilizer shipments from global producers up and running.

 The situation in the energy sector will be the decisive factor shaping the fertilizer market. Not only fertilizer prices but also their output will depend on how stable natural gas and electricity supplies are. Farmers have already started buying both domestic and imported fertilizers to avoid the risks posed by possible rolling blackouts in the winter of 2024—2025.

The challenging and volatile conditions Ukraine is living in now have made the market situation unpredictable. So, May and June 2024 saw nitrogen fertilizer demand growing unseasonably because high grain prices helped farmers earn an additional profit to purchase fertilizers and steady gas ones in May entailed seasonal depreciation of nitrogen fertilizers. Logistical issues or transport limitations, on the other hand, can lessen imports and improve the competitiveness of domestic manufacturers, the more so because Ukraine remains one of the world’s largest fertilizer markets.

To keep abreast of the latest events and gain leverage in them, take a chance to attend the V International Conference on the Ukrainian fertilizer market. We will be pleased to welcome you there.

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