India's nitrogen fertilizer use on crops was 116 kilograms per hectare in 2023. From 2024, this metric is forecasted to grow steadily, reaching 118.4 kg/ha in 2024 and further incrementing to 125.47 kg/ha by 2028.
- Year-on-year growth from 2024-2025 is 1.54%.
- Year-on-year growth from 2025-2026 is 1.49%.
- Year-on-year growth from 2026-2027 is 1.43%.
- Year-on-year growth from 2027-2028 is 1.38%.
The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.46%.
Future trends to watch: innovative agricultural techniques and environmental regulations impacting fertilizer usage, and the development of next-generation fertilizers aimed at achieving higher efficiency with lower environmental impact.
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