aA
The executives of Lithuanian fertilizer producers – the Jonava-based nitrogen fertilizer producer Achema and the Kedainiai-based phosphorus fertilizer producer Lifosa – have welcomed Ukraine's decision to drop an investigation into the fertilizer market and hope fertilizer exports to Ukraine to recover in the fall after the harvest.
Fertilizer producers hope Ukrainian exports to recover in fall
© DELFI / Rafael Achmedov

Lithuania usually exports around a third of all fertilizers sold abroad to Ukraine.

Ramunas Miliauskas, director general at Achema, says Ukraine's decision was surprising but the company is glad about it.

"Of course, we are very glad about that decision, and it was rather unexpected. Just a week ago, there were loud talks about quotas for both EU states and every country individually," Miliauskas told BNS. "They probably found during the investigation that imports are in fact not growing and they do not make the situation for local producers worse."

In his words, all interested sides, including Poland, Belarus, Georgia and Kazakhstan, were involved in the attempt to change Ukraine's position, Miliauskas said.

Linas Kieras, head of commerce at Lifosa, says Lithuanian businessman hoped for this exact decision. In his words, Lithuania's pressure undoubtedly had impact on Ukraine's decision.

Miliauskas says his company's exports to Ukraine should fully recover by the end of the upcoming fall.

"We are heading towards a period when everyone will be busy with harvesting, not buying fertilizers. So to say that they will jumpstart signing contracts and importing, I really doubt that as they will focus on the harvest. And then, at the end of the fall, everything should recover," Miliauskas said.

Meanwhile, Kieras says Ukraine is a fairly new market for Lifosa, therefore, export volumes should remain fairly the same.

Lithuanian fertilizer producers earlier feared Ukraine would introduce trade restrictions on fertilizers as talks about such plans started back in the middle of May. But the country's position subsequently changed and it decided against introducing duties.

Lithuania's Foreign Ministry announced earlier in the day that Ukraine dropped the investigation into the fertilizer market, launched in August, 2019, which sparked concern for Lithuanian producers.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Number of workplace deaths down by one-third

The number of workplace deaths in Lithuania shrank by 33 percent, or 7 cases, in the first half of...

Unique integrated health monitoring system for stroke survivors patented in Lithuania

Group of biomedical engineers from biotech company Gruppo Fos Lithuania together with researchers at...

President hopes for fair distribution of EU recovery fund

Increased financing for the European Union’s (EU) cohesion policy is one of the biggest expectations...

Lithuanian Airports regain their tempo

The three international airports of Lithuania summarised the results of the second quarter and...

Vilnius approved works of arrangement of the environment of the Palace of Concerts and Sports

The Vilnius City Council approved a joint activity agreement between the Vilnius City Administration...

Top news

President hopes for fair distribution of EU recovery fund

Increased financing for the European Union’s (EU) cohesion policy is one of the biggest expectations...

Number of workplace deaths down by one-third

The number of workplace deaths in Lithuania shrank by 33 percent, or 7 cases, in the first half of...

Skvernelis to lead Farmers and Greens' list in election

Lithuanian Prime Minister Saulius Skvernelis will lead the Farmers and Greens Union 's candidate list...

Lithuania bans arrivals from Bulgaria, Romania

Lithuania has added Bulgaria and Romania to the list of countries from where travel is banned due...

Unique integrated health monitoring system for stroke survivors patented in Lithuania

Group of biomedical engineers from biotech company Gruppo Fos Lithuania together with researchers at...

|Maža didelių žinių kaina