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Regional Economics: Theory and Practice
 

Current problems and prospects for the development of the mineral fertilizer market in Russia

Vol. 21, Iss. 10, OCTOBER 2023

Received: 31 July 2023

Received in revised form: 22 August 2023

Accepted: 14 September 2023

Available online: 16 October 2023

Subject Heading: AGRO-INDUSTRIAL COMPLEX

JEL Classification: E23, L65, O44

Pages: 1962–1984

https://doi.org/10.24891/re.21.10.1962

Mariya V. GOLOVKO Kuban State Agrarian University named after I.T. Trubilin (Kuban SAU), Krasnodar, Russian Federation
golovko178@mail.ru

https://orcid.org/0000-0002-4835-9800

Vladimir I. GAIDUK Kuban State Agrarian University named after I.T. Trubilin (Kuban SAU), Krasnodar, Russian Federation
vi_gayduk@mail.ru

https://orcid.org/0000-0001-9992-7647

Maksim V. BELOUSOV Kuban State Agrarian University named after I.T. Trubilin (Kuban SAU), Krasnodar, Russian Federation
belousov.maksim.v@gmail.com

ORCID id: not available

Subject. This article discusses the strengthening of Russia's position as a major exporter of agricultural products.
Objectives. The article aims to determine the role of the production of mineral fertilizers in the development of the agricultural sector of Russia and strengthening the country's competitiveness in the world market.
Methods. For the study, we used the methods of strategic analysis.
Results. The article finds that the production of mineral fertilizers is susceptible to digitalization processes, which make it possible to create additional competitive advantages. The development of the mineral fertilizer market is influenced by fluctuations in grain prices.
Relevance. The results of the study can be used when designing comprehensive programmes for the development of agriculture in the regions of Russia.

Keywords: agribusiness industry, mineral fertilizer, market, fertilizer profit

References:

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