France: Nitrogenous Fertilizer Market 2024

Nitrogenous Fertilizer Market Size in France

The French nitrogenous fertilizer market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, the total consumption indicated a temperate 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 reached the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Production in France

In value terms, nitrogenous fertilizer production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild 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, production increased by X% against 2019 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Nitrogenous Fertilizer Exports

Exports from France

In 2022, overseas shipments of nitrogenous fertilizers (mineral or chemical) were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a remarkable increase. 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. In general, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), the UK (X tons) and Ireland (X tons) were the main destinations of nitrogenous fertilizer exports from France, with a combined X% share of total exports. Sweden, Spain, the Netherlands, Belgium, Poland, Lithuania, Denmark, Italy, Latvia and Switzerland 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, the largest markets for nitrogenous fertilizer exported from France were Germany ($X), the UK ($X) and Spain ($X), together comprising X% of total exports. Ireland, Sweden, Belgium, the Netherlands, Italy, Denmark, Poland, Lithuania, Latvia and Switzerland lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average nitrogenous fertilizer export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Nitrogenous Fertilizer Imports

Imports into France

In 2022, purchases abroad of nitrogenous fertilizers (mineral or chemical) was finally on the rise to reach X tons after five years of decline. Over the period under review, total imports indicated moderate growth 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 attained the peak and are likely to continue growth in the immediate term.

In value terms, nitrogenous fertilizer imports soared to $X in 2022. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

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

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

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

Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 nitrogenous fertilizer import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price enjoyed measured growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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