From January to April of this year, USD 54.6 million worth of fertilizers got shipped from the North African country to Brazil, a 44.2% increase from a year ago.
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Fertilizer imports grew by 19% in February, and national production also increased. The sector association reports a higher demand for the product.
Jihed Ben Slama, one of the representatives in a delegation from Muslim-majority countries visiting Brazil this week via the Halal do Brasil project, seeks trade deals in the Latin American giant.
Overall exports from the country saw a growth rate of 1.2% in January compared to a year ago, the Department of Statistics said.
Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume s for 15% of Brazil’s phosphate output.
Brazilian imports of fertilizers were the highest in the past five years, Conab reported. Postponement of nitrogen acquisitions last year boosted the result.
The purchases of fertilizers from the international market in Brazil fell in the first seven months of the year, said the sector’s association.
The Egyptian company will invest some USD 8 million to step up its production capacity and meet the growing demand for fertilizers from both the domestic and international markets.
A consultant assessed the impacts on the market. According to ANDA data, the decrease also affected the volume of purchases in Brazil.
The complex includes six factories that have a total production capacity up to 1.7 million tons and investments of USD 800 million.
The African continent is a supplier to the Brazilian market. Find out what goods Africa sells to Brazil and the volumes.
In collaboration with a German research center, Embrapa scientists developed an input capable of increasing soybean biomass by up to 10 times compared to conventional fertilization systems.
The director-general of the Lebanese Ministry of Agriculture, Louis Lahoud, is on an official trip to São Paulo and visited the Arab Brazilian Chamber headquarters alongside the consul general of Lebanon to São Paulo, Rudy El Azzi. The Arab country could increase fertilizer exports to Brazil.
The Arab Brazilian Chamber held in Cairo an event featuring the Brazilian delegation that is in Egypt led by the special secretary for Strategic Affairs, Flávio Rocha. He said that Brazil seeks a strategic partnership with the Egyptians.
