The fertilisers and nitrogen compounds market in Germany experienced dynamic fluctuations over the past decade. From 2012 to 2015, the market showed steady growth, peaking in 2015 with a value of 2.8448 billion euros. However, from 2016 onwards, the market faced significant contractions, with the value dropping to 1.8489 billion euros in 2017. Since then, the market exhibited a slow recovery trend, with some stability and modest growth observed towards 2021. The latest actual data from 2022 shows a slight decline, positioning the market at 1.9636 billion euros in value.
The average variation percentage year-on-year over the most recent two-year span indicated a near-neutral trend, while the CAGR over the past five years shifted towards modest positive growth at 1.21%.
Future trends to watch for:
- Volatility in global commodity prices impacting raw material costs.
- Technological advancements in fertiliser production improving efficiency.
- Environmental regulations influencing production practices and market dynamics
- Shift towards sustainable and organic alternatives affecting traditional fertiliser demand.
How does Germany rank in Fertilisers and Nitrogen Compounds Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,700,200,000 | 2023 | -3.95% | -3.12% | View data |
| 2 | 2 Italy | 1,911,000,000 | 2023 | +0.7% | +0.49% | View data |
| 3 | 3 Germany | 1,607,500,000 | 2023 | -5.3% | -2.81% | |
| 4 | 4 Finland | 965,140,000 | 2023 | +3.41% | +2.23% | View data |
| 5 | 5 Czech Republic | 427,040,000 | 2023 | +0.17% | +0.26% | View data |
