EU: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in the EU

The EU nitrogenous fertilizer market skyrocketed to $X in 2022, growing by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value 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. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Production in the EU

In value terms, nitrogenous fertilizer production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Exports

Exports in the EU

For the sixth year in a row, the European Union recorded growth in overseas shipments of nitrogenous fertilizers (mineral or chemical), which increased by X% to X tons in 2022. Total exports indicated a buoyant expansion 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. Based on 2022 figures, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer exports surged to $X in 2022. Over the period under review, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented the key exporters of nitrogenous fertilizers (mineral or chemical) in 2022, resulting at near X% and X% of total exports, respectively. Germany (X tons) ranks next in terms of the total exports with a X% share, followed by Poland (X%), Lithuania (X%) and Slovakia (X%). France (X tons), Spain (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous fertilizer supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising X% of total exports. Poland, Lithuania, Slovakia, Spain, France, Bulgaria, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Nitrogenous Fertilizer Imports

Imports in the EU

In 2022, the amount of nitrogenous fertilizers (mineral or chemical) imported in the European Union skyrocketed to X tons, picking up by X% on 2021. Total imports indicated a strong expansion 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. Based on 2022 figures, imports increased by X% against 2018 indices. As a result, imports attained 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 a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, France (X tons), Germany (X tons) and Belgium (X tons) was the largest importer of nitrogenous fertilizers (mineral or chemical) in the European Union, mixing up X% of total import. Romania (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Hungary (X%) and Poland (X%). The Netherlands (X tons), Italy (X tons), Ireland (X tons), the Czech Republic (X tons), Sweden (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nitrogenous fertilizer importing markets in the European Union were France ($X), Belgium ($X) and Germany ($X), with a combined X% share of total imports. Romania, Poland, Spain, Italy, Ireland, the Netherlands, the Czech Republic, Hungary, Lithuania and Sweden lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :