The market size of urea containing at least 45% nitrogen in Sweden stood at 32.092 million euros in 2023. Analyzing year-on-year changes: significant declines occurred in 2014 and 2015, with decreases of 23.48% and 8.71%, respectively. However, the market showed recovery in subsequent years, notably with a 20.21% increase in 2018. Over the last two years, the market had slight fluctuations, with a 4.7% growth in 2022, followed by a minor decline of 0.53% in 2023. The compound annual growth rate over the past five years was slightly negative at -1.02%.
Future trends to watch for include potential influences of sustainability initiatives and regulatory changes on fertilizer usage, agricultural optimization for lower environmental impact, and innovations in urea application technology that could affect market dynamics.
| # | 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% | View data |
| 6 | 6 Sweden | 32,092,000 | 2023 | -0.53% | -1.02% | |
| 7 | 7 Croatia | 26,509,000 | 2023 | -6.29% | -5.32% | View data |
| 8 | 8 Finland | 15,993,000 | 2023 | +1.69% | +1.64% | View data |
