In 2023, the production of Ammonium Nitrate in France stood at approximately 275 Million Kilograms of Nitrogen. Moving forward from 2024, the forecasted data indicates a significant decline: 221.12 Million Kilograms in 2024, 167.01 Million Kilograms in 2025, 113.44 Million Kilograms in 2026, 60.403 Million Kilograms in 2027, and 7.9 Million Kilograms in 2028.
Year-on-year variations highlight a persistent downward trend:
- 2025: -24.49%
- 2026: -32.08%
- 2027: -46.73%
- 2028: -86.92%
The Compound Annual Growth Rate (CAGR) over 2024-2028 indicates an average annual decline of around -50%.
Future trends to watch for: Economic factors, regulatory changes, advancements in alternative fertilizers, and shifts in agricultural practices could further influence the production trends of Ammonium Nitrate in France.
