Artificial Fertilizer Sales up 20%

Crops

Thanks to falling prices, artificial fertilizer sales increased by almost 20% in the second quarter compared to last year, according to a summary by the Agricultural Economics Institute (AKI), profitline.hu writes.

Almost all fertilizers have become cheaper in the period under review, with some costing almost half as much as a year ago.

Other agricultural products also sold more year-on-year, with the rainy weather boosting demand for fungicides by 14%, according to the statement.

At the same time, farmers bought 16% less herbicide, which the AKI explained by the fact that last year's stocks were not used up due to the drought.

As a result, overall crop protection sales fell 6% from early April to the end of June compared with the same period in 2022.

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