Forecast: Fertilizer Consumption in the Netherlands

The forecasted data for fertilizer consumption in the Netherlands exhibit a slight but consistent decrease from 2024 to 2028. In 2023, the volume stood at 16.37, providing a baseline for understanding the future trends.

- From 2023 to 2024, there is a marginal decline of approximately 0.9%, implying a stabilization rather than a dramatic shift.

- The year-on-year variation from 2024 to 2025 shows a decrease of roughly 0.9%.

- Moving from 2025 to 2026, the reduction continues at a rate of around 0.9%.

- The decline further continues from 2026 to 2027 with a decrease of about 0.8%.

- Lastly, from 2027 to 2028, the reduction is around 0.7%.

- If we consider the CAGR (Compound Annual Growth Rate) over this period, the average annual decline is approximately 0.85%.

Future trends to watch for: The slight annual reduction in fertilizer consumption may indicate a shift towards more efficient farming practices, environmentally friendly approaches, or regulatory measures aimed at sustainability. Monitoring technological advancements in agriculture and regulatory changes could provide further insights into this downward trend.