Forecast: Fertilizers Turnover in France

The fertilizer market in France is projected to show a consistent decline in turnover from €2.4 billion in 2024 to €2.29 billion by 2028. This represents a year-on-year decrease of approximately 1.25% from 2024 to 2025, which slightly stabilizes to 0.87% annually from 2026 onwards. The Compound Annual Growth Rate (CAGR) over the forecasted five years is -1.16%. In 2023, the actual turnover stood at €2.45 billion, highlighting a slight yet persistent downward trend.

Future trends to watch for include:

• Shifts in agricultural practices towards more sustainable and organic fertilizers.
• Regulatory changes impacting fertilizer use and production in France and the broader EU.
• Technological advancements in precision agriculture potentially reducing the need for conventional fertilizers.
• Fluctuations in raw material prices affecting production costs and market prices.