The forecast for fertilizer consumption in Switzerland shows a continuous decline from 2024 to 2028. The consumption values are projected to decrease annually, starting at 171.38 kilograms per hectare of arable land in 2024 and dropping to 167.77 kilograms per hectare by 2028.
Year-on-year, the percentage variation in fertilizer consumption is as follows:
- 2024 to 2025: -0.64%
- 2025 to 2026: -0.56%
- 2026 to 2027: -0.50%
- 2027 to 2028: -0.43%
Over the last two years, the trend observed is a steady decline. The Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 averages -0.53% per year.
Future trends to watch for include potential changes in agricultural policies, innovations in fertilizer technology, and shifts towards sustainable farming practices. Monitoring these factors will be crucial in anticipating further variations in fertilizer consumption in Switzerland.
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