Forecast: Phosphate Fertilisers Consumption in France

In 2023, the consumption of phosphate fertilizers in France stood as the benchmark against which we observe future trends. The forecasted data shows a consistent decline in the consumption of phosphate fertilizers: from 326.38 thousand metric tons in 2024 to 275.44 thousand metric tons by 2028. This marks a year-on-year decrease of approximately 4% to 5%. Notably, the Compound Annual Growth Rate (CAGR) indicates an average decline of about 3% per year over the five-year period.

Future trends to watch for include the potential impact of regulatory changes aiming to reduce chemical fertilizer usage, possible innovations in agricultural practices, and the increasing adoption of organic fertilizers. These factors may further influence the demand and consumption patterns of phosphate fertilizers in France.