Energy crisis in 2022 spiked fertilizer prices. Ukraine war deepened market uncertainty. Polish factories struggle with ongoing problems. Poland imports most fertilizers from Russia. China expanded to over 40% of global market share. Europe dropped from 20% world production fifteen years ago. EU chemical export share declined while imports from third countries rose from 20% to 30% since 2008. Fertilizer segment financial condition far below industry average. Grupa Azoty is Europe's second-largest fertilizer supplier. Chemical industry faces improving demand outlook after weak years. Systemic and structural changes needed to restore competitiveness. EU proposes climate policy tweaks to aid sector.
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