France leads with 40.91% market share, showing a 3.57% growth in 2023. Belgium follows at 17.48% with a significant 27.94% growth, while Poland holds 15.86% after a modest 0.53% increase. Spain (11.15%) and Italy (9.87%) also saw positive growth rates of 5.49% and 2.12%, respectively. Greece's 8.47% growth boosts its share to 7.7%. Croatia (2.61%) and Portugal (1.89%) saw moderate growth rates. Ireland's share decreased by 15.07% to 1.42%, with Denmark's and Hungary's market shares remaining negligible.
Future Trends to Watch
Future trends indicate that Belgium might continue to see significant growth given its recent performance. France and Poland could maintain stable shares, while Spain and Greece show potential for higher market penetration. Monitoring economic policies and agricultural demand across these countries will be crucial for anticipating shifts in market dynamics.
Top countries in Sold Production of Fertilisers Containing Phosphorus and Potassium Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 40.91 | 2023 | +3.37% | +3.57% | View data |
| 2 | 2 Belgium | 17.48 | 2023 | +1.71% | +27.94% | View data |
| 3 | 3 Poland | 15.86 | 2023 | +0.18% | +0.53% | View data |
| 4 | 4 Spain | 11.15 | 2023 | +2.79% | +5.49% | View data |
| 5 | 5 Italy | 9.87 | 2023 | +2.15% | +2.12% | View data |
| 6 | 6 Greece | 7.7 | 2023 | +8.72% | +8.47% | View data |
| 7 | 7 Croatia | 2.61 | 2023 | +4.53% | +4.04% | View data |
| 8 | 8 Portugal | 1.89 | 2023 | +10.91% | +1.32% | View data |
| 9 | 9 Ireland | 1.42 | 2023 | -1.05% | -15.07% | View data |
| 10 | 10 Denmark | 0.038 | 2023 | +40.11% | +15.73% | View data |
