Brazil’s strategy to reduce its dependence on fertilizer imports is the National Fertilizer Plan, launched Friday, March 11. The National Fertilizer Plan (PNF) establishes guidelines for the fertilizer sector for the next 28 years (until 2050) in order to promote the development of national agribusiness. Currently, Brazil ranks fourth in the world regarding global fertilizer consumption. The most important nutrient used by national producers is potash (38%). Following that, phosphorus ranks second with 33% of the total consumption of fertilizers, and nitrogen, with 29%. According to the National Association of Fertilizer Diffusion, more than 85% of the fertilizers used in the country are imported, which shows a high level of dependence on a market that only a few suppliers rule. Implementing PNF can minimize the external dependence of these nutrients, which arrive mainly from Russia, China, Canada, Morocco, and Belarus.
Source: Datamar News