The 2024 forecast shows Spain leading in the European production of mineral or chemical fertilizers containing nitrogen, phosphorus, and potassium with a significant share, followed by Belgium and Finland. Over the years, notable growth has been observed in Spain and Serbia's production, with respective year-on-year increases of about 10.17% and 11.67% in 2023. Belgium, Finland, and the United Kingdom also saw minor growth, while countries like France and Lithuania experienced declines. The five-year CAGR highlights gradual but consistent shifts in production dynamics across these countries.
Future trends to watch include the potential impacts of regulatory changes and environmental policies on production levels. Moreover, advancements in sustainable fertilizer technologies could alter the production landscape, potentially reducing reliance on traditional chemical fertilizers and impacting the country's shares in the market.
Top countries in Production of Mineral or Chemical Fertilisers Containing the Three Fertilising Elements Nitrogen, Phosphorus and Potassium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 20.36 | 2023 | +8.61% | +10.17% | View data |
| 2 | 2 Belgium | 14.65 | 2023 | -0.14% | +3.28% | View data |
| 3 | 3 Finland | 12.36 | 2023 | +2.1% | +3.39% | View data |
| 4 | 4 Poland | 9.43 | 2023 | -0.008% | -0.29% | View data |
| 5 | 5 Ireland | 7.8 | 2023 | +3.17% | -0.94% | View data |
| 6 | 6 United Kingdom | 7.78 | 2023 | -1.96% | +3.69% | View data |
| 7 | 7 Netherlands | 3.77 | 2023 | +1.61% | -1.19% | View data |
| 8 | 8 Serbia | 3.28 | 2023 | +6.27% | +11.67% | View data |
| 9 | 9 France | 3.1 | 2023 | -7.6% | -7.24% | View data |
| 10 | 10 Romania | 3.02 | 2021 | View data |
