Forecast: Production of Fertilisers Containing Phosphorus and Potassium in Denmark

The production of fertilizers containing phosphorus and potassium in Denmark has experienced significant fluctuations over the past decade. The highest production value recorded was in 2014 with a substantial increase of 33.55% year-on-year. However, the following years saw significant declines, including a noted 46.2% drop in 2015. Between 2016 and 2023, the market has been relatively unstable with a slight overall downward trend in production values. As of 2023, production stood at 15.98 thousand kilograms, with a reduction from the previous year by 1.52%. Over the last five years, the Compound Annual Growth Rate (CAGR) has been -3.13%, illustrating the long-term decline in production.

Future trends to watch for include:

• Continued gradual decline of production with an anticipated 1.33% reduction CAGR up to 2028.
• Potential influence of agricultural technology advancements that could impact production efficiency.
• Market adaptations in response to any significant changes in global phosphorus and potassium demand or supply chain disruptions.