The forecast for potash fertilizer use on crops in France from 2024 to 2028 shows a steady decline. In 2024, the application rate is expected to be 20.85 kg/ha, decreasing to 18.46 kg/ha by 2028. This represents a year-on-year decrease of approximately 2.93% to 3.25% each year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately -3.06%, indicating a consistent downward trend in potash fertilizer use.
Future trends to watch for:
- Developments in sustainable farming practices that might affect potash usage rates.
- Technological advancements in precision agriculture that could optimize fertilizer use.
- Regulatory changes in environmental policies impacting fertilizer application.
