In 2023, Belgium led European sold production of mineral or chemical fertilizers containing the three fertilizing elements with a value of 610.57 million euros, followed by Spain and Poland. Year-on-year changes reveal notable growth in Belgium (6.65%) and Portugal (9.91%), with declining production in France (-3.54%) and Greece (-11.99%). Over the last five years, Italy exhibited significant gains, while Greece and Croatia faced declines.
Future trends to watch include:
- Potential market stabilization following recent fluctuations in key countries like Italy and Portugal.
- Increased focus on sustainable and environmentally-friendly production methods influencing market dynamics.
- European Union policies and regulations potentially impacting production and trade patterns in the fertilizer sector.
- Technological advancements in fertilizer production could enhance efficiency and cost-effectiveness.
- Economic conditions and agricultural demand changes driving shifts in production values across Europe.
Top countries in Sold Production of Mineral or Chemical Fertilisers Containing the Three Fertilising Elements Nitrogen, Phosphorus and Potassium by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 610,570,000 | 2023 | +5.11% | +6.65% | View data |
| 2 | 2 Spain | 576,090,000 | 2023 | +5.05% | +5.14% | View data |
| 3 | 3 Poland | 448,770,000 | 2023 | +1.28% | +2.55% | View data |
| 4 | 4 Finland | 404,030,000 | 2023 | +0.56% | +0.9% | View data |
| 5 | 5 United Kingdom | 382,970,000 | 2023 | -1.46% | -0.35% | View data |
| 6 | 6 Ireland | 333,790,000 | 2023 | +6.9% | -0.16% | View data |
| 7 | 7 Italy | 289,720,000 | 2023 | +5.91% | +11.5% | View data |
| 8 | 8 Netherlands | 270,340,000 | 2023 | +1.43% | +2.27% | View data |
| 9 | 9 Germany | 202,720,000 | 2021 | +16% | +3.28% | View data |
| 10 | 10 France | 159,710,000 | 2023 | -5.55% | -3.54% | View data |
