The production of fertilisers and nitrogen compounds in France has experienced significant fluctuations over the past decade. The value stood at 2.8646 billion kilograms of nitrogen in 2023. From 2013 to 2023, the market saw substantial year-on-year variations, with notable dips in 2014 and 2019, and a dramatic rise in 2020. The production's average annual change over the past five years (-4.2%) indicates a general downward trend.
Forecasted data from 2024 to 2028 predict a continued decline, with a forecasted CAGR of -0.74% and an overall forecast 5-year growth rate of -3.66%. By 2028, production is expected to reach 2.7342 billion kilograms of nitrogen.
Future trends to watch for include potential market stabilizations, advancements in sustainable agricultural practices, and the impact of regulatory changes on production capacity and efficiency.
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