In 2023, Spain led the European chemical and fertilizer mineral production with a significant share, followed by Germany and France. While Germany and France experienced notable increases of 3.28% and 5.63% respectively, Finland, Iceland, and Macedonia showed declines, with Finland's production decreasing by 8.18%. Smaller markets such as Portugal and Lithuania experienced the largest fluctuations, with Portugal seeing a significant drop of 34.99%. Over the last five years, a steady increase can be noted, with the sector slowly investing in sustainability and efficiency improvements.
Future trends to watch include the increased focus on sustainable production practices and potential shifts due to regulatory changes. Market dynamics may be influenced by technological advancements and ongoing geopolitical factors. The commitment to reducing carbon emissions may expand in the coming years, causing fluctuations in production rates and investment distributions across the continent.
Top countries in Sold Production of Chemical and Fertiliser Mineral Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 42.99 | 2023 | +6.4% | +0.09% | View data |
| 2 | 2 Germany | 39.76 | 2023 | +6.96% | +3.28% | View data |
| 3 | 3 France | 7.87 | 2023 | +0.25% | +5.63% | View data |
| 4 | 4 United Kingdom | 4.76 | 2023 | +3.67% | +2.02% | View data |
| 5 | 5 Italy | 2.53 | 2023 | +0.0095% | View data | |
| 6 | 6 Finland | 2.24 | 2023 | +5.14% | -8.18% | View data |
| 7 | 7 Austria | 0.88 | 2023 | +4.9% | View data | |
| 8 | 8 Sweden | 0.52 | 2023 | +3.34% | View data | |
| 9 | 9 Lithuania | 0.14 | 2023 | +4.37% | -6.69% | View data |
| 10 | 10 Iceland | 0.097 | 2023 | +2.26% | -20.77% | View data |
