The Netherlands leads European fertiliser and nitrogen exports in 2023, despite a 7.06% year-on-year decline. Spain and Poland follow, with exports rising by 9.53% and 3.0% respectively. Notable gains are seen in smaller markets like Estonia (524.14%) and Slovakia (170.0%). Bulgaria and Italy exhibit notable downturns, at -11.09% and -6.15% respectively. Over the last five years, growth is uneven, suggesting market volatility.
Future trends worth watching include resilience in economies like Spain and Poland, potential market corrections in smaller countries with high growth rates, and technological advancements influencing fertilizer production and export efficiency. Environmental policies may also impact long-term export performance.
Top countries in Export of Fertilisers and Nitrogen Compounds Share by Country (Kilograms of Phosphorus Pentoxide)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 31.48 | 2023 | -1.35% | -7.06% | View data |
| 2 | 2 Spain | 19.94 | 2023 | +6.82% | +9.53% | View data |
| 3 | 3 Poland | 14.87 | 2023 | +3.32% | +3% | View data |
| 4 | 4 Bulgaria | 12.21 | 2023 | -10.53% | -11.09% | View data |
| 5 | 5 Belgium | 8.89 | 2023 | +0.25% | -1.3% | View data |
| 6 | 6 Germany | 7.07 | 2023 | -0.01% | +7.07% | View data |
| 7 | 7 Portugal | 3.71 | 2023 | +23.32% | +18.43% | View data |
| 8 | 8 France | 2.7 | 2023 | +23.25% | +5.36% | View data |
| 9 | 9 Italy | 2.25 | 2023 | -1.22% | -6.15% | View data |
| 10 | 10 Austria | 0.46 | 2023 | -19.7% | -13.12% | View data |
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