Since the beginning of the conflict, raw materials have risen in the global market; Russia and Ukraine are the main exporters of wheat and corn; In addition, Ukraine exports 50% of sunflowers worldwide, important raw materials.
On the other hand, Russia is the main supplier of fertilizers, with a 38% share of the world market, and due to the conflict, shipping companies suspended routes and some ports are closed for security reasons. This makes the transport of fertilizers more expensive, which was already complicated due to the “container crisis” that was unleashed by the boom in trade after the pandemic, which puts the supply of this input at risk.
