India's Fertiliser Import Dependence Rises. Should Farmers Be Worried?

India's dependence on imported fertilisers has risen sharply at a time when two major geopolitical flashpoints, the conflict in West Asia and Ukraine's expanding attacks on Russian ports and shipping, are threatening global supply chains.Russia, Oman and Saudi Arabia remain among India's biggest fertiliser suppliers. While Ukrainian drone attacks have increasingly targeted Russian ports and vessels in the Black Sea, tensions around the Strait of Hormuz, the Red Sea and the Sea of Oman have raised concerns over shipping disruptions from West Asia.Despite these risks, the government says fertiliser stocks remain adequate for the ongoing Kharif season. Industry experts, however, warn that while supplies are unlikely to face an immediate crisis, imports could become significantly more expensive if the conflicts intensify.According to government data, India's fertiliser import dependence increased to 34.5 per cent in FY26, up from 24.4 per cent in FY25.