The forecasted data for the UK’s fertilizer turnover from 2024 to 2028 shows a consistent year-on-year decline. Starting at €1.57 billion in 2024, there’s a gradual decrease to €1.46 billion by 2028. This trend indicates a negative compound annual growth rate (CAGR) over the five-year period, reflecting underlying challenges within the industry.
Looking ahead, key trends to monitor include technological advancements in fertilizer production, shifts in agricultural practices, and regulatory changes aimed at sustainability. These factors could influence demand and operational efficiencies, potentially altering future turnover trajectories.