MODERN TRENDS AND PROSPECTS OF ECONOMIC DEVELOPMENT OF MINERAL FERTILIZER PRODUCERS THROUGH THE PRISM OF RELATIONAL INTERACTION

Abstract

The production of mineral fertilizers is a priority direction for the development of the chemical industry of the Russian Federation. The importance of studying the state and prospects of mineral fertilizer producers for the development of the Arctic zone of the Russian Federation is due to the high dependence of the economy of one of the northernmost regions of our country, the Murmansk Region, on the enterprises of this industry. In particular, the Kirov branch of JSC Apatit (PhosAgro company), Kovdorsky GOK (Eurochem Company) and JSC North-Western Phosphorus Company (a subsidiary of PJSC Akron) operate in the Murmansk Region. These enterprises make significant contributions to the regional budget of the Murmansk region as well as to the budgets of municipal formations, create jobs and make a significant contribution to the development of the towns of presence. Russian manufacturing companies in their activities are mainly focused on the external market, which is due to the excess of supply over demand and the lack of use of mineral fertilizers on 39 % of Russian sown areas. The main Russian producers of mineral fertilizers include PhosAgro, Akron, EuroChem, Uralchem and Uralkali. The only company claiming the priority of the domestic market is PhosAgro. Analysis of the annual reports of the largest Russian producers of mineral fertilizers indicates their desire to expand the geography of supplies. In the domestic market, there is a positive trend in the consumption of mineral fertilizers, which is associated with high prices for agricultural products, as well as the state policy of subsidizing agricultural enterprises, in addition, state regulation of prices in the domestic market leads to an increase in demand for fertilizers. For fertilizer producers, it is possible to use the three-level relational interaction model presented below. The article presents the results of testing the hypothesis of the need for the development of relational relations in the mineral fertilizers market. The assessment is based on the use of a three-level model of relational interaction of industrial market participants. The results of the analysis can be used in the development and implementation of relational cooperation in economic systems of various levels.

Keywords

• relational relations
• mineral fertilizers market
• three-level model of relational interaction.