From 2013 to 2023, Denmark's phosphorus fertilisers consumption fluctuated, with significant gains early on and minor variations in recent years. The year-on-year changes from 2022 to 2023 and from forecasted 2023 to 2024 were small, at 0.091% and 0.07% respectively. The last 5-year CAGR until 2023 is modest at 0.34%.
The forecast for the next five years indicates a minimal growth, with an estimated CAGR of 0.08%. This suggests that consumption will largely stagnate, reflecting stable but very slow growth in demand. Watch for potential impacts from agricultural policy changes or innovations in fertiliser technology that might influence these trends.
