In 2023, Spain led the European fertiliser market with a 15.2% share, following a 3.38% increase. Germany saw a 6.15% growth, while Belgium surged by 10.01%. Conversely, France's share slightly declined by 0.53%, and the UK decreased by 6.82%. Greece and Portugal experienced significant declines of 20.29% and 13.88%, respectively. Notably, Austria's share jumped 78.69%. While small, countries like Norway and Sweden saw no change.
Future trends to watch include potential market expansions in Germany and Belgium due to their recent growth trajectory. Monitoring environmental regulations and sustainable practices will be vital as well. Economic shifts and agricultural needs will also play roles in shaping market dynamics.
Top countries in Sold Production of Fertilisers and Nitrogen Compounds Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 15.2 | 2023 | +3.23% | +3.38% | View data |
| 2 | 2 France | 13.01 | 2023 | +0.22% | -0.53% | View data |
| 3 | 3 Germany | 12.16 | 2023 | +2.26% | +6.15% | View data |
| 4 | 4 Poland | 10.72 | 2023 | -0.1% | +1.16% | View data |
| 5 | 5 Belgium | 8.64 | 2023 | +8.3% | +10.01% | View data |
| 6 | 6 Italy | 7.85 | 2023 | +4.61% | +7.83% | View data |
| 7 | 7 Lithuania | 6.08 | 2023 | -0.0085% | +0.94% | View data |
| 8 | 8 Finland | 5.74 | 2023 | +3.38% | +2.96% | View data |
| 9 | 9 United Kingdom | 4.48 | 2023 | -5.74% | -6.82% | View data |
| 10 | 10 Ireland | 3.88 | 2023 | +9.39% | +1.1% | View data |
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