Forecast: Import of Fertilisers Containing Nitrogen and Phosphorus to Italy

The import of fertilizers containing nitrogen and phosphorus to Italy is projected to increase steadily from 2024 to 2028, starting at 51.157 million kilograms in 2024 and reaching 51.869 million kilograms by 2028. This indicates a consistent growth, with a minor annual growth rate. In 2023, the import volume stood at a similar level, reflecting a stable demand over the years.

Year-on-year growth is marginally positive, demonstrating a stable market. Looking at the Compound Annual Growth Rate (CAGR) over the five-year period, there’s a slight increase in demand for such fertilizers.

Future trends to watch for include potential policy changes affecting agricultural practices, shifts in domestic fertilizer production, and global trade dynamics impacting import levels. Additionally, environmental concerns and technological advancements could drive an evolution in fertilizer demands and practices.