Farmers are facing record fertilizer prices.
AgricultureEuropean Union
- Omissions
- The MEP did not specify a time period for the 'record' claim, making it ambiguous whether she refers to all-time records, recent-year records, or nominal versus real prices.
- The all-time peak in international fertilizer prices occurred in April 2022, driven by the energy crisis and Russia's invasion of Ukraine. Current elevated prices have not been shown to exceed that 2022 peak.
- The Eurostat data published on the same day as the session (2026-05-19) reports an 8% year-on-year increase in Q4 2025 but does not characterize prices as 'record' levels.
- Global fertilizer markets softened after the 2022 peak and prices remain elevated compared to historical averages, but the term 'record' is not supported by available evidence.
- Sources
- PrimaryEurostatIn the fourth quarter of 2025, the average price of fertilisers and soil improvers in the EU rose by 8.0% compared with the same quarter of 2024.
- AcademicScienceDirect / Food PolicyInternational food and fertilizer prices remain elevated compared to historical averages but receded after peaking in April 2022, with prices nearing their pre-crisis levels.
- SecondaryWorld Bank BlogsFertilizer prices rose 15% in early 2025, led by TSP (+43%) and DAP (+23%), amid high demand, trade barriers, and supply cuts. Urea prices projected to jump 30 percent in 2025 amid tighter markets.