In 2023, Poland led the European sold production of urea, containing more than 45% nitrogen, with a value of 258.1 million Euros, showing a slight increase of 1.8% from the previous year. Germany followed closely despite a decline of 1.7%. Croatia and Spain experienced growth, increasing by 3.48% and 3.43%, respectively. Lithuania's production saw a notable rise of 5.34%. In contrast, the United Kingdom and Romania reported significant declines of 4.85% and 15.12%, respectively. Greece and Bulgaria witnessed modest upticks, while Denmark showed the highest year-on-year growth at 31.85%.
Looking ahead, future trends in the European urea market may be influenced by environmental regulations, shifts towards sustainable agriculture practices, and potential market consolidation. Monitoring these factors will be crucial in understanding production dynamics across European countries.
Top countries in Sold Production of Urea Containing More than 45% by Weight of Nitrogen on the Dry Anhydrous Product by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 258,100,000 | 2023 | +0.59% | +0.018% | View data |
| 2 | 2 Germany | 256,130,000 | 2023 | -0.072% | -1.7% | View data |
| 3 | 3 Croatia | 101,420,000 | 2023 | +0.033% | +3.48% | View data |
| 4 | 4 Spain | 98,602,000 | 2023 | +8.49% | +3.43% | View data |
| 5 | 5 Lithuania | 74,905,000 | 2023 | +3.47% | +5.34% | View data |
| 6 | 6 United Kingdom | 43,889,000 | 2023 | -5.62% | -4.85% | View data |
| 7 | 7 Romania | 36,144,000 | 2023 | -17.28% | -15.12% | View data |
| 8 | 8 Italy | 11,738,000 | 2021 | +182.23% | -17.07% | View data |
| 9 | 9 Greece | 6,317,400 | 2023 | +4.33% | +1.19% | View data |
| 10 | 10 Bulgaria | 2,304,300 | 2023 | +5.35% | +6.34% | View data |