The nitrogen market size volume in the Netherlands for 2024 is forecasted at 4.2346 billion cubic meters. This is set to increase annually, reaching 4.8151 billion cubic meters by 2028. The market was previously observed in 2023, with recent forecasts indicating a significant year-on-year growth. Specifically, from 2024 to 2025, there's a 3.5% increase, from 2025 to 2026, a 3.34% rise, from 2026 to 2027, a 3.18% growth, and from 2027 to 2028, a 3.01% increase. The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.28%.
Future trends to watch for include:
- Technological advancements in nitrogen extraction and utilization.
- Shifts in market demand due to environmental regulations and sustainability efforts.
- Potential impacts of global supply chain dynamics on local market conditions.
- Sector-specific demand changes, particularly in agriculture and industry.
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