The nitrogen market in Finland showed variable growth from 2013 to 2023, with the market size standing at 34.901 million Euros in 2023. Year-on-year variations highlighted fluctuations with increases and declines, indicative of modest sector stability. In recent years, specifically from 2021 to 2023, the market witnessed slight year-on-year increases of 0.47% in 2022 and 0.46% in 2023. The compound annual growth rate over the last five years is 0.72%, underscoring limited growth.
Future trends to watch for:
- Potential macroeconomic impacts on production costs and demand.
- Technological advancements influencing efficiency and growth.
- Regulatory changes that may affect market dynamics.
How does Finland rank in Nitrogen Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 442,980,000 | 2023 | +1.53% | +1.63% | View data |
| 2 | 2 France | 355,480,000 | 2023 | +1.6% | -0.11% | View data |
| 3 | 3 Spain | 249,560,000 | 2023 | +2.98% | +3.16% | View data |
| 4 | 4 Netherlands | 223,620,000 | 2023 | +1.34% | +1.92% | View data |
| 5 | 5 Poland | 157,200,000 | 2023 | +2.15% | +4.14% | View data |
| 7 | 7 Austria | 76,560,000 | 2023 | +0.65% | +0.21% | View data |
| 8 | 8 Portugal | 52,149,000 | 2023 | +1.7% | +4.72% | View data |
| 9 | 9 Finland | 34,901,000 | 2023 | +0.46% | +0.72% | |
| 10 | 10 Greece | 20,192,000 | 2023 | +6.14% | +9.52% | View data |
| 11 | 11 Slovakia | 9,908,400 | 2023 | -1.63% | -2.69% | View data |
