The Fertilisers and Nitrogen Compounds market in Finland displayed uneven growth over the past decade. Starting from 1.1582 billion kilograms in 2012, the market saw fluctuations, peaking at 1.8834 billion kilograms in 2017 before tapering off to 1.6132 billion kilograms in 2019. The years 2020 through 2022 reflected moderate growth, resulting in 1.7462 billion kilograms by 2022. Recent trends indicate a slight upward trajectory, with year-on-year fluctuations averaging around 1.32% in 2022. Notably, the last CAGR for the 2018-2022 period shows a minor decline at -1.5%, suggesting cautious growth in recent years.
Key future trends to watch include potential impacts of environmental regulations, advances in sustainable fertiliser technologies, and shifts in agricultural practices in response to climate change. These factors could significantly influence market dynamics and compound annual growth rates in the coming years.
How does Finland rank in Fertilisers and Nitrogen Compounds Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,374,500,000 | 2023 | +4.85% | -0.84% | View data |
| 2 | 2 Spain | 3,990,600,000 | 2023 | +2.21% | +2.21% | View data |
| 3 | 3 Finland | 1,958,200,000 | 2023 | +2.88% | +1.3% | |
| 4 | 4 Germany | 1,504,000,000 | 2023 | -13.03% | -7.6% | View data |
| 5 | 5 United Kingdom | 1,484,900,000 | 2023 | -3.9% | -3.34% | View data |
