In 2023, Spain led in European production of mineral or chemical fertilizers containing nitrogen, phosphorus, and potassium, followed by Belgium and Finland. Spain's production rose by 12.23%, while Belgium increased by 8.72% and Finland by 6.04%. Portugal showed the most significant growth at 2650%. Major declines occurred in France (-15.36%) and Lithuania (-23.18%).
Future trends to monitor include technological advancements in fertilizer production, policy changes toward sustainable agricultural practices, and the rise of the global demand. Shifts in environmental regulations and economic factors might also play a crucial role in shaping the industry's direction.
Top countries in Sold Production of Mineral or Chemical Fertilisers Containing the Three Fertilising Elements Nitrogen, Phosphorus and Potassium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 21.03 | 2023 | +5.71% | +12.23% | View data |
| 2 | 2 Belgium | 16.11 | 2023 | +4.13% | +8.72% | View data |
| 3 | 3 Finland | 13.61 | 2023 | +4.41% | +6.04% | View data |
| 4 | 4 Poland | 9.92 | 2023 | +0.54% | +0.68% | View data |
| 5 | 5 United Kingdom | 7.72 | 2023 | -2.98% | +1.98% | View data |
| 6 | 6 Ireland | 6.33 | 2023 | +0.29% | -5.46% | View data |
| 7 | 7 Netherlands | 3.86 | 2023 | +1.64% | -1.48% | View data |
| 8 | 8 Italy | 3.67 | 2023 | -0.71% | +7.96% | View data |
| 9 | 9 Austria | 2.88 | 2023 | -0.9% | -0.49% | View data |
| 10 | 10 Portugal | 2.88 | 2023 | +5.47% | +2650% | View data |
