DeStatis – Germany: High gas prices affecting fertiliser industry

Good news for the enivronment!

• High gas prices have led to massively higher producer prices of fertilisers and a significant drop in fertiliser sales
• Producer prices of fertilisers nearly doubled in August 2022 compared with the same month a year earlier
• Domestic sales in the 2^nd quarter of 2022: phosphate fertiliser down 51% on the same quarter a year earlier, potassium fertiliser down 52%
• In terms of quantity, foreign trade in fertilisers decreased from January to July 2022 compared with the same period a year earlier

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Photo: Sebastian Rittau made available under the Creative Commons CC0 1.0 Universal Public Domain Dedication