Forecast: Phosphate Fertilisers Consumption in the Netherlands

The consumption of phosphate fertilizers in the Netherlands has witnessed a significant decline between 2013 and 2023, with a notable year-on-year decrease, especially in the later years. In 2023, the consumption stood at 8.61 Thousand Metric Tons, showcasing the continuing downward trend. From 2022 to 2023, the consumption declined by 11.73%, while the Compound Annual Growth Rate (CAGR) over the last five years was -9.23%, indicating a sharp reduction in consumption.

For future trends, it’s important to monitor:

• Regulatory changes impacting fertilizer use.
• Advancements in sustainable agriculture practices.
• Economic factors affecting the agriculture sector.