Slovakia Fertilizer Industry Outlook 2021

Key Market Indicators

Slovak fertilizer exports plummeted by 87% in 2021 compared to 2020. Since 2007, exports have decreased by almost half, with the country falling to 82nd in the global ranking. Tunisia took the lead with 172 metric tons, followed by Norway, Belgium, and Finland. Meanwhile, imports are projected to reach 107,350 metric tons by 2026, increasing by 2.1% year-on-year on average since 2007. Slovak ranked 47th in 2021, surpassed by Colombia with 93,850 metric tons. Brazil, Spain and Thailand came in at 2nd, 3rd and 4th place, respectively.

Slovakia Fertilizer Market Data and Forecasts

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• Fertilizer Industry: A Comprehensive Examination of Prevailing Trends and Opportunities

  Over time, an increase in global food demand, due to exponential population growth, has understandably led to a surge in the need for fertilizers. A pivotal element for the agricultural industry, a key trend identified is the rise of organic and bio-fertilizers, reflecting environmental-focused consumer preferences. The pressing need for...

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• Fertilisers and Nitrogen Compounds: Navigating Dynamics of a Globally Influential Sector

  The production and use of fertilisers and nitrogen compounds contribute significantly to the global agricultural sector, with a consequential impact on food security worldwide. These core components of modern agribusiness are relied upon to boost crop yields, increase farmer productivity, and ultimately, stimulate economic growth in countries with strong agricultural...

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• Fertilizer Sector: Unveiling the Dynamics of Controlled Release Innovations

  Controlled Release Fertilizers (CRFs) are advanced agricultural innovations that offer gradual or delayed nutrient release, improving plant health while concurrently minimizing environmental impact. Such innovative fertilizers promise high-efficiency uptake, reducing the necessity for frequent applications and improving cost-effectiveness for farmers, while also reducing over-reliance on conventional fertilizers and resulting ecological...

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• Fertilizer Industry: Decoding Trends and Predicting Future Outcomes in Dynamic Environments

  Vietnam's fertilizer market has witnessed steadfast growth marked by steady demand, particularly in the agricultural sector. The country has been gradually shifting towards the use of environmentally conscious products; biofertilizers, for instance, have gained significant popularity. Simultaneously, Vietnam has been increasingly reliant on imports to cover its domestic fertilizer needs,...

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• Fertilizer Sector: Deep Dive into Comprehensive Market Reports

  Primarily dominated by agriculture, the Vietnamese economy heavily relies on the fertilizer industry. The increasing need to satisfy its growing population has remarkably boosted crop production, driving the industry's growth. Year-on-year, the market has demonstrated encouraging progress, underpinned by the rise in domestic demand and strong export dynamics. Trade liberalizations...

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