The forecasted values for the sold production of fertilisers containing nitrogen and phosphorus in Belgium from 2024 to 2028 are as follows:
- 2024: 44.271 Million Euros
- 2025: 48.656 Million Euros
- 2026: 52.997 Million Euros
- 2027: 57.294 Million Euros
- 2028: 61.549 Million Euros
The compound annual growth rate (CAGR) over the five years is 8.43%, indicating steady growth in the market.
Future Trends to Watch:
Factors contributing to future growth could include increased agricultural demand, government subsidies, advancements in fertiliser technology, and a growing focus on sustainable farming practices.
