In 2023, France led in European production value of fertilizers containing phosphorus and potassium at €89.926 million, marking a growth of 3.57% from the previous year. Belgium saw a significant increase of 27.94% with a production value of €38.436 million. Poland experienced a modest rise of 0.53% with €34.856 million, while Spain and Italy grew by 5.49% and 2.12%, respectively. Greece's production increased by 8.47%, Croatia by 4.04%, and Portugal by 1.32%. Ireland and Hungary faced declines of 15.07% and 17.81%, while Denmark saw a notable recovery of 15.73%.
Future trends to watch include potential shifts in production dynamics driven by environmental policies, technological advancements, and geopolitical factors affecting supply chains. The focus on sustainable and efficient fertilizer production methods may also impact production values. Monitoring these elements will be crucial for understanding the evolving market landscape.
Top countries in Sold Production of Fertilisers Containing Phosphorus and Potassium by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 89,926,000 | 2023 | +3.37% | +3.57% | View data |
| 2 | 2 Belgium | 38,436,000 | 2023 | +1.71% | +27.94% | View data |
| 3 | 3 Poland | 34,856,000 | 2023 | +0.18% | +0.53% | View data |
| 4 | 4 Spain | 24,507,000 | 2023 | +2.79% | +5.49% | View data |
| 5 | 5 Italy | 21,701,000 | 2023 | +2.15% | +2.12% | View data |
| 6 | 6 Greece | 16,928,000 | 2023 | +8.72% | +8.47% | View data |
| 7 | 7 Croatia | 5,729,700 | 2023 | +4.53% | +4.04% | View data |
| 8 | 8 Portugal | 4,144,400 | 2023 | +10.91% | +1.32% | View data |
| 9 | 9 Ireland | 3,131,000 | 2023 | -1.05% | -15.07% | View data |
| 10 | 10 Denmark | 82,460 | 2023 | +40.11% | +15.73% | View data |
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