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Title: COMMERCIALISATION POTENTIAL OF ALGAL BIOSTIMULANTS IN THE BALTIC SEA REGION: REGULATORY IMPLICATIONS AND ECONOMIC ASPECTS
COMMERCIALISATION POTENTIAL OF ALGAL BIOSTIMULANTS IN THE BALTIC SEA REGION: REGULATORY IMPLICATIONS AND ECONOMIC ASPECTS

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Inese Skapste; Gunta Grinberga-Zalite; Andra Zvirbule; Ilze Vircava
Kristiana Skutele
10.5593/sgem2025/5.1/s20.041
10.5593/sgem2025/5.1
1314-2704
978-619-7603-85-9
English
25
5.1
• Prof. Dr. hab. oec. Baiba Rivza, LATVIA• Prof. DSc. Ildiko Tulbure, GERMANY• Prof. DSc. Oleksandr Trofymchuk, UKRAINE
Economics of Sustainability, Policies & Environmental Legislation
The research investigates the commercialization potential of algal biostimulants in the Baltic Sea region, considering the existing regulatory framework. Using quantitative analytical methods and a comprehensive literature review, the study assesses the economic, environmental and regulatory impacts of biostimulants. The results show that, on average, algal biostimulants can increase crop yields by 17.9%, generating additional income of €179,000 per 1,000 ha, reduce fertilizer costs by 15%, saving €45,000, and reduce nitrogen leaching by 1,500 kg per 1,000 ha. The research shows that despite regulatory challenges, the potential for commercializing algal biostimulants in the region is significant. EU Regulation 2019/1009 and regional programs provide a favorable framework for biostimulant development, encouraging innovation and sustainable agricultural practices. However, differences in national regulations present both challenges and opportunities for the development of the sector. The calculated Sustainability Impact Coefficient (SIC) of 0.937 indicates that the use of biostimulants is approaching the break-even point when considering both economic and environmental benefits. The research concludes that algal biostimulants offer significant economic and environmental benefits in line with the priorities and regulatory framework of the Baltic Sea region, while also contributing to CO2 sequestration and nutrient removal from the Baltic Sea
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Strengthening the Institutional Capacity of LBTU for Excellence in Studies and Research”, funded by The Recovery and Resilience Facility (ANM1) Project No. 5.2.1.1.i.0/2/24/I/CFLA/002.
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https://doi.org/10.5593/sgem2025/5.1/s20.041
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COMMERCIALISATION POTENTIAL OF ALGAL BIOSTIMULANTS IN THE BALTIC SEA REGION: REGULATORY IMPLICATIONS AND ECONOMIC ASPECTS
Proceedings of 25th International Multidisciplinary Scientific GeoConference SGEM 2025, Volume 25, Issue 5.1
25th International Multidisciplinary Scientific GeoConference SGEM 2025, Volume 25, Issue 5.1, 29 June - 6 July, 2025
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
327-334
29 June - 6 July, 2025
website
10480
Nutrient losses, Fertilizer optimization, Environmental protection, Productivity increase, Sustainable agriculture

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