The phosphorus fertilisers consumption in Sweden has shown a trend of gradual increase from 2013 to 2023, with a notable acceleration in growth between 2014 and 2016 before stabilising. The year-on-year variation reveals fluctuations, including a peak increase in 2015 (12.75%) and a subsequent decrease in the following years, eventually stabilising to modest growth rates around 0.5% from 2021 onwards. The compound annual growth rate (CAGR) over the last five years (2019-2023) suggests a slight recovery to 1.69% after a period of low or negative growth. The forecast for 2023 to 2028 indicates a consistent yet slow growth in consumption, with a forecasted 5-year CAGR of 0.41% and a total growth rate of 2.08%.
Looking ahead, the steady, albeit slow, increase in phosphorus fertiliser consumption in Sweden suggests a cautious market. Key trends to watch include the impact of environmental regulations, advancements in fertiliser technology, and changes in agricultural practices, which could either accelerate or decelerate future consumption rates.
