The Czech Republic's fertilisers and nitrogen compounds market has experienced a downward trend over the past decade, with volume declining from 1.0788 billion kilograms in 2013 to 0.62481 billion kilograms in 2023. This represents a significant contraction, particularly noticeable in recent years. From 2018 to 2023, the compound annual growth rate was -3.97%, indicating a consistent reduction in market volume. Year-on-year percentage variations highlight a persistent decrease, with notable drops in 2016, 2017, 2020, and 2023. The last two years saw a 3.18% decline in 2022 and a 5.76% decline in 2023.
Future trends to watch for include potential shifts in agricultural practices, government policies promoting sustainable and alternative fertiliser usage, and technological advancements that could influence market dynamics. Monitoring global supply chain fluctuations and environmental regulations could also provide insights into market adjustments.
| # | 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% | View data |
| 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 |
| 6 | 6 Ireland | 1,326,100,000 | 2023 | -10.06% | -8.87% | View data |
| 7 | 7 Czech Republic | 624,810,000 | 2023 | -5.76% | -3.97% | |
| 8 | 8 Austria | 545,460,000 | 2023 | -1.65% | -1.33% | View data |
| 9 | 9 Lithuania | 508,160,000 | 2023 | +2.52% | +1.73% | View data |
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