Denmark: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in Denmark

In 2022, the Danish mixed fertilizer market increased by 22% to $X, rising for the third consecutive year after two years of decline. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +84.8% against 2019 indices. Mixed fertilizer consumption peaked in 2022 and is expected to retain growth in the immediate term.

Mixed Fertilizer Production in Denmark

In value terms, mixed fertilizer production shrank dramatically to $X in 2022 estimated in export price. Overall, production showed resilient growth. The growth pace was the most rapid in 2014 with an increase of 278%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Mixed Fertilizer Exports

Exports from Denmark

In 2022, shipments abroad of mixed fertilizers decreased by -88.7% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 78% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, mixed fertilizer exports shrank remarkably to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 61% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Germany (X tons) and Greenland (X tons) were the main destinations of mixed fertilizer exports from Denmark, together comprising 86% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +18.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for mixed fertilizers exports from Denmark, comprising 49% of total exports. The second position in the ranking was held by Germany ($X), with a 20% share of total exports. It was followed by Greenland, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.2% per year) and Greenland (+3.5% per year).

Export Prices by Country

The average mixed fertilizer export price stood at $X per ton in 2022, increasing by 79% against the previous year. Overall, the export price posted moderate growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Lithuania ($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 Sweden (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Fertilizer Imports

Imports into Denmark

In 2022, the amount of mixed fertilizers imported into Denmark declined sharply to X tons, which is down by -20.5% on the previous year's figure. In general, imports recorded a mild decline. The growth pace was the most rapid in 2017 with an increase of 48% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mixed fertilizer imports declined modestly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 40% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of mixed fertilizer to Denmark, with a 44% share of total imports. Moreover, mixed fertilizer imports from Finland exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Russia (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Finland amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+6.2% per year) and Russia (-7.1% per year).

In value terms, Finland ($X) constituted the largest supplier of mixed fertilizers to Denmark, comprising 51% of total imports. The second position in the ranking was taken by Russia ($X), with a 10% share of total imports. It was followed by Poland, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Finland amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-6.6% per year) and Poland (+3.5% per year).

Import Prices by Country

In 2022, the average mixed fertilizer import price amounted to $X per ton, rising by 25% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixed fertilizer import price increased by +78.4% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 43% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Tunisia ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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