The Fertilisers and Nitrogen Compounds market in Sweden exhibited significant variances over the past decade, starting at 294.33 million euros in 2012 and experiencing fluctuations to reach 334.1 million euros by 2022. Year-on-year variations highlight a notable performance dip of 18.06% in 2013, followed by periods of recovery and occasional declines. More recently, from 2019 to 2022, the market saw a general upward trend, with a notable peak of 346.29 million euros in 2019, albeit with minor declines thereafter. The market currently stands at 334.1 million euros as of 2023.
Key year-on-year percentage changes over the last two years include:
- 2021: -2.85%
- 2022: 2.14%
The compound annual growth rate (CAGR) over the last five years is approximately 5.81%, indicating a steady but moderate growth trajectory.
Future trends to watch for in this sector include advancements in sustainable and eco-friendly fertilisers, policy changes regarding agricultural subsidies, and technological innovations aimed at increasing yield efficiency. Moreover, external factors such as climate change and global supply chain disruptions could significantly impact market dynamics.
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,700,200,000 | 2023 | -3.95% | -3.12% | View data |
| 2 | 2 Italy | 1,911,000,000 | 2023 | +0.7% | +0.49% | View data |
| 3 | 3 Germany | 1,607,500,000 | 2023 | -5.3% | -2.81% | View data |
| 4 | 4 Finland | 965,140,000 | 2023 | +3.41% | +2.23% | View data |
| 5 | 5 Czech Republic | 427,040,000 | 2023 | +0.17% | +0.26% | View data |
| 6 | 6 Portugal | 347,310,000 | 2023 | +1.57% | +0.72% | View data |
| 7 | 7 Lithuania | 323,690,000 | 2023 | -1.56% | -0.9% | View data |
| 8 | 8 Sweden | 314,340,000 | 2023 | +1.2% | +3.58% | |
| 9 | 9 Denmark | 206,290,000 | 2023 | -5.57% | -4.57% | View data |
| 10 | 10 Latvia | 199,240,000 | 2023 | +3.97% | +4.82% | View data |
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