The production of mineral or chemical fertilizers in Italy containing nitrogen, phosphorus, and potassium is projected to decline significantly from 2024 to 2028. In 2023, production stood at a higher level than seen in the following years. The forecast for 2024 shows a production value of 319.1 million kilograms, dropping by approximately 15% in 2025, 18% in 2026, 21% in 2027, and ending in 2028 with a 27% decrease compared to the previous year. Over the five-year period, the compound annual growth rate (CAGR) indicates a consistent decrease in production volumes.
Future trends to watch for:
- Supply chain disruptions or changes in raw material availability could further impact production.
- Shifts in agricultural policy promoting sustainable practices might alter fertilizer consumption patterns.
- Technological advancements in fertilizer efficiency could offset production declines.