United Kingdom: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in the UK

In 2022, the UK nitrogenous fertilizer market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Production in the UK

In value terms, nitrogenous fertilizer production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Nitrogenous Fertilizer Exports

Exports from the UK

In 2022, the amount of nitrogenous fertilizers (mineral or chemical) exported from the UK skyrocketed to X tons, increasing by X% on 2021. Overall, exports enjoyed a prominent increase. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, nitrogenous fertilizer exports soared to $X in 2022. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tons), Spain (X tons) and France (X tons) were the main destinations of nitrogenous fertilizer exports from the UK, together comprising X% of total exports. Estonia, Latvia, the Netherlands, Denmark, Morocco, Germany, Belgium and Namibia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X) remains the key foreign market for nitrogenous fertilizers (mineral or chemical) exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the average nitrogenous fertilizer export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Nitrogenous Fertilizer Imports

Imports into the UK

After three years of decline, purchases abroad of nitrogenous fertilizers (mineral or chemical) increased by X% to X tons in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer imports surged to $X in 2022. In general, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Egypt (X tons) and Germany (X tons) were the main suppliers of nitrogenous fertilizer imports to the UK, together comprising X% of total imports. Russia, Lithuania, Belgium, Poland, France, Spain, the United States and Algeria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), the Netherlands ($X) and Germany ($X) were the largest nitrogenous fertilizer suppliers to the UK, together comprising X% of total imports. Russia, Poland, France, Belgium, Lithuania, Spain, the United States and Algeria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the United States, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nitrogenous fertilizer import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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