Forecast: Sold Production of Fertilisers and Nitrogen Compounds in the Netherlands

The sold production of fertilizers and nitrogen compounds in the Netherlands experienced fluctuations between 2013 and 2023. The series stood at 628.03 million kilograms in 2023. Key variations include a significant drop of -14.21% in 2016, an increase of 25.09% in 2018, and a remarkable surge of 75.54% in 2020. Between 2022 and 2023, the production saw a minor increase of 0.29%. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) was 0.96%.

Future production is expected to grow at a modest rate, with a forecasted 5-year CAGR of 0.22%, resulting in sold production of 636.89 million kilograms by 2028. Factors to watch include technological advancements in sustainable agriculture, policy shifts towards eco-friendly practices, and global economic conditions influencing demand and supply dynamics.