Forecast: Sold Production of Fertilisers Containing Phosphorus and Potassium in France

The sold production of fertilizers containing phosphorus and potassium in France demonstrates a steady decline from 2013 to 2023, beginning at 425.47 million kilograms in 2013 and dropping to 225.8 million kilograms in 2023. This trend reflects the variable year-on-year performances, with significant drops in several years, such as a 28.9% decrease in 2016 and a 31.79% decrease in 2020. Recent years have shown less drastic changes with a slight decline of 1.72% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was -6.02%, indicating a consistent downward trend.

Going forward, forecasted data from 2024 to 2028 projects a continued decline with a CAGR of -8.71%, suggesting that the production could fall by approximately 36.6% over the next five years. Important trends to monitor include technological advancements in agriculture, shifts in demand for phosphorus and potassium fertilizers, and potential regulatory changes impacting the production and usage of these inputs. Environmental sustainability considerations and efforts to develop alternative nutrient sources could also significantly influence future production levels.