The market for urea containing at least 45% by weight of nitrogen in Greece has seen significant fluctuations from 2013 to 2023, with the value standing at 79.323 million euros in 2023. After a peak in 2014, the market experienced declines and gradual recoveries, with a notable uptick over the last two years: 5.69% in 2022 and 5.33% in 2023. The compound annual growth rate (CAGR) for the last five years suggests a modest growth of 1.27%, indicating a relatively stable market performance during this period.
Future trends to watch for:
- Potential environmental and regulatory changes impacting production and usage.
- Technological innovations in agricultural practices and fertilizer efficiency.
- Market demand fluctuations impacted by agricultural cycles and economic conditions.
How does Greece rank in Urea Containing at Least 45% by Weight of Nitrogen on the Dry Anhydrous Product Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 463,330,000 | 2023 | +2.17% | +1.62% | View data |
| 2 | 2 United Kingdom | 380,920,000 | 2023 | +1.97% | +2.01% | View data |
| 3 | 3 Spain | 360,830,000 | 2023 | +1.81% | +1.52% | View data |
| 4 | 4 Italy | 256,600,000 | 2023 | -2.77% | -2.15% | View data |
| 5 | 5 Greece | 79,323,000 | 2023 | +5.33% | +1.27% | |
| 6 | 6 Sweden | 32,092,000 | 2023 | -0.53% | -1.02% | View data |
| 7 | 7 Croatia | 26,509,000 | 2023 | -6.29% | -5.32% | View data |
