The fertilizers production value in the Netherlands has exhibited a general downward trend from 2013 to 2023, moving from €2.17 billion in 2013 to €1.64 billion in 2023. Notable variations include a significant 25.24% decline in 2016 and a consistent decrease from 2020 onwards. Year-on-year decreases have marked the last two years, with -1.8% and -1.81% in 2022 and 2023, respectively. The 5-year CAGR up to 2023 stands at -2.01%, reflecting the industry's gradual contraction.
Looking ahead, the forecast indicates a continued decline in production value, with a projected 2028 value of €1.49 billion representing a 5-year CAGR of -1.5%. The overall forecasted growth rate over the subsequent five years is -7.26%, suggesting ongoing challenges in the sector.
Future trends to watch for include:
- Potential impacts of environmental regulations on production processes and costs.
- Innovations in sustainable and eco-friendly fertilizers driven by global environmental concerns.
- Fluctuations in global agricultural demand affecting production scales and profitability.
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