In 2023, Germany led European sold production of compounds with other nitrogen functions with 655.03 million kilograms, witnessing a year-on-year growth rate of 5.62%. Hungary followed with 356.53 million kilograms, and a similar growth rate of 5.47%. Spain and France grew significantly at rates of 12.61% and 11.65% respectively, with Spain reaching 208.66 million kilograms and France 109.47 million kilograms. Italy saw the highest growth rate at 19.33% but with a lower volume of 8.8105 million kilograms. In contrast, Austria recorded a significant decline of -65.44%, with Lithuania experiencing the highest growth rate of 31.95%, albeit from a minuscule base.
Future trends to watch include potential shifts in production capabilities and market demands influenced by environmental regulations, technological advancements, and economic changes, particularly in larger markets like Germany and emerging markets like Hungary. Increased focus on sustainable production methods and potential supply chain disruptions may also impact production volumes and growth rates in this sector.
Top countries in Sold Production of Compounds with Other Nitrogen Functions by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 655,030,000 | 2023 | +8.75% | +5.62% | View data |
| 2 | 2 Hungary | 356,530,000 | 2023 | +5.75% | +5.47% | View data |
| 3 | 3 Spain | 208,660,000 | 2023 | +7.69% | +12.61% | View data |
| 4 | 4 France | 109,470,000 | 2023 | +56.88% | +11.65% | View data |
| 5 | 5 Netherlands | 69,415,000 | 2023 | +14.94% | +4.76% | View data |
| 6 | 6 United Kingdom | 10,712,000 | 2023 | +0.16% | +14.31% | View data |
| 7 | 7 Italy | 8,810,500 | 2023 | +2.01% | +19.33% | View data |
| 8 | 8 Slovakia | 1,521,300 | 2023 | +5.12% | +4.97% | View data |
| 9 | 9 Poland | 59,790 | 2023 | -2.96% | View data | |
| 10 | 10 Austria | 28,980 | 2023 | +0.01% | -65.44% | View data |
