The Finnish urea market experienced fluctuations from 2012 to 2022, with values ranging from approximately 12.4 to 16.2 million Euros. The market showed moderate growth in recent years, with a compound annual growth rate (CAGR) of 4.64% from 2018 to 2022. Year-on-year growth has been inconsistent, with notable increases in 2018 and 2019, followed by stability and slight growth in 2020 and 2021. As of 2023, the market is maintaining its growth trajectory.
Future trends to watch for include:
- Potential increase in market demand due to sustainable agriculture practices.
- Impact of global economic conditions on fertilizer prices.
- Technological advancements in urea production methods.
- Policy changes impacting agricultural inputs and sustainability measures.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 409,100,000 | 2023 | +1.53% | +1.95% | View data |
| 2 | 2 Spain | 366,450,000 | 2023 | +1.78% | +1.36% | View data |
| 3 | 3 Italy | 261,450,000 | 2023 | -2.73% | -2.12% | View data |
| 4 | 4 Sweden | 36,126,000 | 2023 | +0.38% | +0.092% | View data |
| 5 | 5 Croatia | 26,732,000 | 2023 | -6.22% | -5.44% | View data |
| 6 | 6 Finland | 15,897,000 | 2023 | +1.9% | +0.94% | |
| 7 | 7 Denmark | 14,756,000 | 2023 | -0.36% | -1.21% | View data |
