Forecast: Fertilisers and Soil Improvers Production in Sweden

The production of fertilizers and soil improvers in Sweden has shown significant volatility from 2013 to 2023, with values expressed in million euros. Notably, in 2023, production stood at 559.12 million euros. Historical data reveals a varied landscape: a consistent decline from 2013 to 2018, followed by sporadic increases, peaking dramatically in 2022 and onwards. Year-on-year analysis underscores sharp upticks in specific periods, with the most impressive rise being a 42.14% increase in 2022. The last five years show a robust CAGR of 14.74%, indicating a strong upward trajectory.

Future trends to watch for:

• Expect continued growth driven by increased agricultural demand and innovative soil improvement technologies.• The forecasted 5-year CAGR is 2.82%, suggesting steady but moderate annual growth.• Potential impacts of environmental policies and sustainability trends on production practices.• Advancements in precision agriculture influencing fertilizer application rates and efficiency.