The production of Ammonium Sulphate in Finland decreased significantly from 2013 to 2023. In 2023, the production was 12.905 million kilograms of nitrogen. The year-on-year variation over the last two years showed a decline: -2.03% in 2023 and -1.85% in 2022. The CAGR over the last five years averaged -6.61%.
Between 2013 and 2017, there was growth, with a significant increase of 22.55% in 2017. However, from 2018 onwards, the trend shifted to a decline. Of note, there was a drastic 25.3% reduction in 2021. The forecast for the period from 2024 to 2028 predicts a further decline, with a forecast 5-year CAGR of -1.69% and an overall predicted decrease of 8.16% by 2028.
Future trends to watch for include changes in agricultural demand, advances in fertilizer technology, and shifts in governmental policies or environmental regulations impacting production. Monitoring these factors will be crucial for anticipating changes and planning accordingly.
