In 2023, the volume of effective components of chemical fertilizer in China stood at 5.00 ten million metric tons. Forecasted data from 2024 to 2028 indicates a gradual decline, with values dropping from 4.91 in 2024 to 4.57 by 2028. This trend shows a decrease in volume, with a year-on-year drop of 1.83% from 2024 to 2025 and continuing at similar rates annually. The compound annual growth rate (CAGR) shows an average annual decrease of about 2.2% over the five-year period.
Future trends to watch for include:
- Policy shifts toward sustainable agricultural practices that may influence chemical fertilizer usage.
- Technological advancements in fertilizer application efficiency.
- Market adjustments due to environmental regulations and consumer demand for organic products.