Based on the data from 2023, France dominates the market with a share of 31.98%, followed by Belgium (16.96%) and Italy (16.58%). Lithuania has shown significant growth with a share of 14.57%. Minor contributors include Hungary (1.15%), Croatia (1.01%) and Denmark (<0.1%). Year-on-year variations reveal notable increases for Hungary (13.6%) and Lithuania (17.64%), while Greece (-24.66%) and Croatia (-28.05%) faced significant declines.
Future trends to observe include the potential for market recovery in Greece and Croatia, as well as whether Lithuania can sustain its rapid growth. Monitoring innovations in the fertiliser industry and regulatory changes will be crucial for anticipating shifts in market share.
Top countries in Sold Production of Fertilisers Containing Nitrogen and Phosphorus Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 31.98 | 2023 | +2.45% | +19.4% | View data |
| 2 | 2 Belgium | 16.96 | 2023 | +15.17% | +3.11% | View data |
| 3 | 3 Italy | 16.58 | 2023 | +7.73% | +6.26% | View data |
| 4 | 4 Lithuania | 14.57 | 2023 | +7.17% | +17.64% | View data |
| 5 | 5 Spain | 9.1 | 2023 | +17.24% | +0.75% | View data |
| 6 | 6 Greece | 7.42 | 2023 | +3.36% | -24.66% | View data |
| 7 | 7 Finland | 6.97 | 2023 | +11.68% | +1.79% | View data |
| 8 | 8 Hungary | 1.15 | 2023 | +6.73% | +13.6% | View data |
| 9 | 9 Croatia | 1.01 | 2023 | -15.09% | -28.05% | View data |
| 10 | 10 Denmark | 0.022 | 2023 | +33.58% | View data |