Forecast: Production of Fertilisers and Nitrogen Compounds in the Netherlands

The production of fertilizers and nitrogen compounds in the Netherlands has demonstrated significant fluctuation over the past decade, particularly between 2013 and 2023. The year 2020 marked a substantial spike of 75.43% increase in production, reaching 914.99 million kilograms. Despite this peak, the subsequent years saw minor declines, with 2022 showing an 8.67% decrease. However, in 2023, production rebounded with a 6.14% increase, reaching 876.68 million kilograms. Analyzing the compound annual growth rate (CAGR) over the last five years shows an average annual growth rate of 8.13%.

From 2024 onwards, the forecasted data predicts continued growth with a CAGR of 3.91% over the next five years. By 2028, production is anticipated to reach 1122.6 million kilograms, reflecting a 21.12% growth from 2023.

Future trends to watch for include:

• Technological advancements in production methods
• Environmental regulations impacting the production process
• Global market demands influencing domestic production levels
• The role of sustainability initiatives in production practices