Forecast: Production of Fertilisers Containing Nitrogen and Phosphorus in France

The production of fertilizers containing nitrogen and phosphorus in France demonstrated significant volatility from 2013 to 2024, with noticeable year-on-year variations. From 2018 to 2023, there was a marked recovery, with an annual average growth rate (CAGR) of 14.62%. In 2023, the production stood at 170.29 million kilograms, a slight year-on-year increase of 2.93% compared to the previous year.

Key historical trends include:

• Consistent fluctuations from 2013 to 2018, resulting in a declining CAGR of -7.89% in 2018.
• A remarkable recovery post-2018, driven by consecutive increases, peaking in 2021.
• A stable yet robust growth trend from 2020 to 2023, with steady increases year-on-year.

Future trends to watch for:

• The forecasted CAGR from 2023 to 2028 suggests a moderate growth rate of 2.05% annually.
• Sustained advancements in agricultural practices and industry innovations could further stabilize production levels.
• Environmental regulations and market demand shifts may influence long-term production dynamics.