Year-on-year percentage variations for 2024-2028 are as follows:
- 2024: 8.17
- 2025: 7.78 (-4.8%)
- 2026: 7.40 (-4.9%)
- 2027: 7.03 (-5.0%)
- 2028: 6.66 (-5.3%)
The Compound Annual Growth Rate (CAGR) over the 5-year period from 2024 to 2028 is approximately -4.95%, indicating a steady decline in phosphorus fertiliser consumption in Finland.
Future Trends to Watch
Future trends to monitor include advancements in sustainable agriculture practices, regulatory changes, and rising awareness of environmental impacts, which may further decrease phosphorus fertiliser consumption. Continuing innovation in enhanced efficiency fertilisers (EEFs) could also significantly influence future consumption patterns.
