In 2023, Germany led European fertilizer production with €3.67 billion, followed by France and Spain. Notable growth was seen in Sweden with a 29.75% increase, while the UK faced a decline of 2.93%. Austria, Bulgaria, Serbia, and Finland also showed positive growth. Conversely, the Netherlands and Lithuania experienced a decline. Latvia had significant growth of 20.16%, while Greece experienced a notable decrease of 5.89%. Other countries like Italy, Portugal, and Hungary saw marginal changes.
Future trends to watch include sustainable production practices and innovations in eco-friendly fertilizers. A focus on renewable resources and regulations might shape the market dynamics significantly.
Top countries in Fertilizers Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,670 | 2023 | -0.78% | +0.61% | View data |
| 2 | 2 France | 2,390 | 2023 | +1.13% | +1.51% | View data |
| 3 | 3 Spain | 2,030 | 2023 | +2.38% | +1.48% | View data |
| 4 | 4 Italy | 1,680 | 2023 | +0.63% | +0.8% | View data |
| 5 | 5 Netherlands | 1,640 | 2023 | -1.81% | -2.01% | View data |
| 6 | 6 Belgium | 1,560 | 2023 | +4.93% | -0.5% | View data |
| 7 | 7 United Kingdom | 1,510 | 2023 | -1.79% | -2.93% | View data |
| 8 | 8 Sweden | 1,450 | 2023 | +40.72% | +29.75% | View data |
| 9 | 9 Finland | 849.9 | 2023 | +1.65% | +1.93% | View data |
| 10 | 10 Lithuania | 826 | 2023 | +1.24% | -0.69% | View data |
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