Forecast: Import of Mineral or Chemical Fertilisers Containing the Three Fertilising Elements Nitrogen, Phosphorus and Potassium to France

The forecast for the import of mineral or chemical fertilizers containing nitrogen, phosphorus, and potassium to France indicates a gradual decline from 2024 through 2028. In 2023, actual imports stood at approximately the same level as forecasted value for 2024, which is 315.99 million kilograms. The year-on-year percentage decreases slightly, suggesting a stable but slight downward trend. Over the last two years, the year-on-year variation is not substantial, but it highlights a consistent decrease. The compounded annual growth rate (CAGR) over the five-year forecast period will likely show a minor contraction, indicating steady shrinkage in imports.

Future trends to watch for include:

  • The impact of agricultural policy changes in the EU and France that might affect fertilizer import requirements.
  • Advancements in precision agriculture, which could optimize fertilizer usage and reduce import demands.
  • Market dynamics such as exchange rate fluctuations, which might impact the cost and volume of imports.

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