In 2023, Finland led the European urea fungicide sales share, expressed in kilograms, with a substantial margin, followed by minimal sales from France and Denmark. Belgium, Norway, Iceland, Netherlands, and Montenegro had negligible contributions. Year-on-year trends from 2023 showed notable growth in the Finnish market at 2.59%, contrasted by significant declines in France and Belgium by 11.81% and 8.99%, respectively. Norway and Denmark saw moderate decreases, whereas Iceland experienced a marked increase of 12.47%. Over the past five years, trend analysis indicates varying growth patterns across these markets.
Future trends to watch include:
- Continued strong market dominance by Finland.
- Potential recovery or further decline in the French and Belgian markets, dependent on agricultural policy changes.
- Monitoring Iceland's rapid growth trajectory for sustainability.
- Assessing the capacity for emerging markets like Montenegro to gain a foothold.
Top countries in Urea fungicides Sales Share by Country (Kilograms)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 97.23 | 2023 | +5.61% | +2.59% | View data |
| 2 | 2 France | 0.54 | 2023 | +22.36% | -11.81% | View data |
| 3 | 3 Denmark | 0.21 | 2023 | +20.41% | -1.11% | View data |
| 4 | 4 Belgium | 0.083 | 2023 | -8.38% | -8.99% | View data |
| 5 | 5 Norway | 0.028 | 2023 | -1.07% | -4.54% | View data |
| 6 | 6 Iceland | 0.002 | 2023 | +33.33% | +12.47% | View data |
| 7 | 7 Netherlands | 0.001 | 2021 | -74.65% | View data | |
| 8 | 8 Montenegro | 0 | 2023 | 0% | View data |
