Europe: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Europe

The Europe animal or vegetable fertilisers market expanded remarkably to $X in 2022, growing by X% against the previous year. The market 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. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Production of Animal Or Vegetable Fertilisers in Europe

In value terms, animal or vegetable fertilisers production expanded remarkably 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. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to see steady growth in years to come.

Exports of Animal Or Vegetable Fertilisers

Exports in Europe

In 2022, the amount of animal or vegetable fertilisers exported in Europe rose rapidly to X tons, with an increase of X% on the previous year's figure. The total export volume 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. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, animal or vegetable fertilisers exports totaled $X in 2022. Total exports indicated resilient growth 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, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in exports structure, together achieving X% of total exports. Spain (X tons), Italy (X tons), Germany (X tons), France (X tons) and Switzerland (X tons) held a little share of total exports.

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

In value terms, the Netherlands ($X), Italy ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Spain, France, Germany and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The export price in Europe stood at $X per ton in 2022, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted slightly in the following year.

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

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

Imports of Animal Or Vegetable Fertilisers

Imports in Europe

In 2022, purchases abroad of animal or vegetable fertilisers increased by X% to X tons, rising for the sixth year in a row after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, animal or vegetable fertilisers imports rose sharply to $X in 2022. Total imports indicated a prominent expansion 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

France represented the main importing country with an import of about X tons, which recorded X% of total imports. Belgium (X tons) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%). Spain (X tons), Germany (X tons), Portugal (X tons), the UK (X tons), Poland (X tons), Italy (X tons), Austria (X tons), Sweden (X tons) and Romania (X tons) took a minor share of total imports.

Imports into France increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Romania (X%), Spain (X%), Portugal (X%), Sweden (X%) and Austria (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Germany and Belgium experienced a relatively flat trend pattern. By contrast, Italy (X%), the UK (X%) and the Netherlands (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Poland (X p.p.) and Spain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.), Italy (X p.p.), the UK (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Spain ($X) and Italy ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. The Netherlands, Portugal, Germany, the UK, Poland, Romania, Austria, Belgium and Sweden lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Europe amounted to $X per ton, approximately reflecting the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price 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, animal or vegetable fertilisers import price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced modestly in the following year.

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

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

Source: IndexBox Platform