From 2013 to 2023, the fertilizers and nitrogen compounds market volume in Greece showed a volatile pattern. The market peaked in 2015 with a significant year-on-year increase of almost 21%, but this was countered by periods of decline, notably a 15.81% drop in 2022. The market volume closed at 465.71 million kilograms in 2023. The 5-year compound annual growth rate from 2019 to 2023 was -1.27%, indicating an overall contraction in market size.
Future trends to watch include the potential impact of sustainable agricultural practices and environmental regulations, which may drive innovation and efficiency, affecting both the production and consumption of fertilizers in Greece. Additionally, geopolitical factors and global supply chain dynamics could influence prices and availability. Stakeholders should monitor technological advancements in fertilizers that enhance nutrient delivery and sustainability to align with global agricultural practices.
How does Greece rank in Fertilisers and Nitrogen Compounds Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,374,500,000 | 2023 | +4.85% | -0.84% | View data |
| 2 | 2 Spain | 3,990,600,000 | 2023 | +2.21% | +2.21% | View data |
| 3 | 3 Finland | 1,958,200,000 | 2023 | +2.88% | +1.3% | View data |
| 4 | 4 Germany | 1,504,000,000 | 2023 | -13.03% | -7.6% | View data |
| 5 | 5 United Kingdom | 1,484,900,000 | 2023 | -3.9% | -3.34% | View data |
| 9 | 9 Lithuania | 508,160,000 | 2023 | +2.52% | +1.73% | View data |
| 10 | 10 Sweden | 473,380,000 | 2023 | +1.95% | +5.45% | View data |
| 11 | 11 Greece | 465,710,000 | 2023 | -1.75% | -1.27% | |
| 12 | 12 Croatia | 337,990,000 | 2023 | -0.15% | +3.43% | View data |
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