India’s production of urea, DAP, and NPKs experienced a year-on-year increase of 14%, 3%, and 8%, respectively, till March of FY 2022-23. During this period, the total production of urea, DAP, and NPKs amounted to 28.5 million tons, 4.3 million tons, and 9.3 million tons, respectively.
Sales of urea and DAP increased by 6% and 14%, respectively, while sales of MOP and NPK decreased by 31% and 12%, respectively.
Between April and March of FY 2022-23, the overall imports of fertilizers increased by 6% compared to the same period in FY 2021-22. During this period, imports of DAP and NPK Complex grew by 23% and 113%, respectively, compared to the same period in 2021, while imports of urea and MOP decreased by 17% and 15%, respectively, over the previous year.
