Finland: Mixed Fertilizer Market 2025

Mixed Fertilizer Market Size in Finland

After two years of growth, the Finnish mixed fertilizer market decreased by -39.2% to $X in 2022. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Mixed fertilizer consumption peaked at $X in 2021, and then shrank sharply in the following year.

Mixed Fertilizer Production in Finland

In value terms, mixed fertilizer production dropped notably to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, production attained the peak level of $X, and then declined dramatically in the following year.

Mixed Fertilizer Exports

Exports from Finland

Mixed fertilizer exports from Finland soared to X tons in 2022, rising by 1,230% on 2021 figures. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 131,085% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mixed fertilizer exports soared to $X in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 67,376%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Sweden (X tons), Brazil (X tons) and Poland (X tons) were the main destinations of mixed fertilizer exports from Finland, together comprising 48% of total exports. Latvia, Lithuania, Denmark, Norway, Tanzania, the Netherlands, Germany, the United States, Estonia and China lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +39.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the key foreign market for mixed fertilizers exports from Finland, comprising 28% of total exports. The second position in the ranking was taken by Sweden ($X), with an 11% share of total exports. It was followed by Poland, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled +41.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+4.8% per year) and Poland (+11.0% per year).

Export Prices by Country

In 2022, the average mixed fertilizer export price amounted to $X per ton, rising by 143% against the previous year. In general, the export price showed a resilient expansion. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Latvia ($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 China (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Fertilizer Imports

Imports into Finland

After two years of growth, purchases abroad of mixed fertilizers decreased by -35.8% to X tons in 2022. Overall, imports, however, posted buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, mixed fertilizer imports contracted remarkably to $X in 2022. In general, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 118%. As a result, imports attained the peak of $X, and then plummeted in the following year.

Imports by Country

Russia (X tons), Norway (X tons) and Lithuania (X tons) were the main suppliers of mixed fertilizer imports to Finland, with a combined 93% share of total imports. Latvia, the Netherlands and Belgium lagged somewhat behind, together comprising a further 5%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +140.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed fertilizer suppliers to Finland were Norway ($X), Russia ($X) and Lithuania ($X), together accounting for 81% of total imports. Latvia, the Netherlands and Belgium lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, Latvia, with a CAGR of +155.6%, recorded the highest rates of growth with regard to 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

In 2022, the average mixed fertilizer import price amounted to $X per ton, increasing by 19% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 34%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Latvia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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