After price increases, taxes on two products were zeroed out.

After price increases, taxes on two products were zeroed out.

25.04.2026 13:10

After the war in the Middle East increased fertilizer costs, the Ministry of Trade expanded previously initiated tax reductions by zeroing customs duties on solid ammonium nitrate and monoammonium phosphate; the decision was published in the Official Gazette and took effect.

The Ministry of Trade has taken a new step on fertilizers to control the increasing agricultural input costs following the war in the Middle East. After zeroing the customs duty on fertilizers at the beginning of the month, the Ministry has now removed the tax on solid ammonium nitrate and monoammonium phosphate products.

GLOBAL TENSION INCREASED COSTS

The impact of the war in the Middle East was not limited to energy and trade; it also directly affected agricultural production. In the region, which meets a significant portion of the world's fertilizer needs, Iran's closure of the Strait of Hormuz and the disruption of global trade flows increased the costs of agricultural inputs, especially fertilizers. Following these developments, the Ministry of Trade began taking consecutive measures to protect producers and limit price increases.

DECISION PUBLISHED IN THE OFFICIAL GAZETTE

The Presidential Decree regarding the zeroing of the customs duty on solid ammonium nitrate and monoammonium phosphate was published in the Official Gazette and entered into force. In a statement from the Ministry, it was stated that the aim is to ensure supply security in the food and agriculture sector, prevent speculative price movements, and protect the welfare of producers and consumers in a balanced manner.

"PRICE MOVEMENTS ARE MONITORED INSTANTLY"

The statement reminded that, due to the tension in the region, the customs duty on urea, nitrogenous, and compound fertilizers had been zeroed previously to counteract price increases in agricultural inputs. Regarding the new regulation, the following expressions were included: "Within the scope of close monitoring of developments in the region, their effects on supply processes, and instant tracking of price movements, the customs duty on solid ammonium nitrate and monoammonium phosphate has also been zeroed to prevent possible speculative price increases."

"ALL MEASURES WILL CONTINUE TO BE TAKEN"

In the Ministry's statement, it was also emphasized that the seasonal needs of the agricultural sector were taken into account, and the following assessment was made: "Our Ministry continues to monitor all developments in the region instantly, track price movements, and take all necessary measures to protect producers and consumers against possible speculative movements in domestic and foreign markets."

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