Forecast: Nitrogen Fertilisers Consumption in Sweden

In 2023, the consumption of nitrogen fertilizers in Sweden stood at 191.66 thousand metric tons. Over the forecasted period from 2024 to 2028, there is a consistent upward trend in nitrogen fertilizer consumption. Year-on-year variation reflects a steady growth: 0.46% increase from 2024 to 2025, 0.45% from 2025 to 2026, 0.44% from 2026 to 2027, and 0.43% from 2027 to 2028. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is approximately 0.44%.

Future trends to watch for:

• Environmental regulations: Tightening EU environmental standards could impact fertilizer formulations and usage.
• Technological advancements: Innovations in precision agriculture could optimize fertilizer application, affecting overall consumption.
• Market dynamics: Changes in global supply chains and agricultural policies may influence fertilizer availability and prices.
• Climate change: Shifting climate patterns could alter agricultural practices, influencing fertilizer demand.