Forecast: Phosphorus Fertilisers Consumption in Norway

The consumption of phosphorus fertilizers in Norway stood at 8.59 thousand metric tons in 2023. Forecasted data from 2024 to 2028 reflect a gradual decline, with annual values decreasing from 8.48 thousand metric tons in 2024 to 8.06 thousand metric tons in 2028. The year-on-year variation shows a consistent decrease of approximately 1-1.5%, with the average annual variation (CAGR) over the five years being around -1.26%.

Future trends to watch for include the impact of sustainable farming practices and environmental regulations, which may further reduce the demand for chemical fertilizers. Monitoring advancements in alternative fertilizers and agricultural innovations will be essential for anticipating shifts in consumption patterns.