In 2023, Belgium led European exports of fertilizers and nitrogen compounds, capturing 43.31% market share, followed by the United Kingdom with 29.93% and Sweden with 12.3%. Notable year-on-year variations include significant declines in Hungary and Poland exports by over 80% and 20%, respectively, and a remarkable increase in Luxembourg by 34.82%. Long-term trends show market share stability for Belgium and UK, with fluctuating performances in smaller markets like Croatia and Estonia.
Future trends to watch involve ongoing shifts in export shares with potential increases in Eastern European countries, driven by regional agricultural developments and policy incentives. Environmental regulations could also impact production methods, affecting future export dynamics.
Top countries in Export of Fertilisers and Nitrogen Compounds Share by Country (Kilograms of Potassium Oxide)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 43.31 | 2023 | +22.07% | -8.41% | View data |
| 2 | 2 United Kingdom | 29.93 | 2023 | +5.95% | +7.72% | View data |
| 3 | 3 Sweden | 12.3 | 2023 | +15.16% | +8.52% | View data |
| 4 | 4 Netherlands | 7.19 | 2023 | -0.81% | -22.03% | View data |
| 5 | 5 Austria | 2.01 | 2023 | +2% | +2.63% | View data |
| 6 | 6 Italy | 0.99 | 2023 | +2.38% | -9.21% | View data |
| 7 | 7 Spain | 0.86 | 2021 | +5.91% | -57.98% | View data |
| 8 | 8 Denmark | 0.81 | 2023 | +13.16% | +17.79% | View data |
| 9 | 9 Poland | 0.78 | 2023 | -3.07% | -19.95% | View data |
| 10 | 10 Lithuania | 0.44 | 2023 | -1.52% | -18.83% | View data |
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