United Kingdom: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in the UK

In 2022, after three years of decline, there was significant growth in the UK animal or vegetable fertilisers market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Animal Or Vegetable Fertilisers in the UK

In value terms, animal or vegetable fertilisers production reduced modestly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible 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 decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Animal Or Vegetable Fertilisers

Exports from the UK

In 2022, overseas shipments of animal or vegetable fertilisers were finally on the rise to reach X tons after three years of decline. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, animal or vegetable fertilisers exports rose significantly to $X in 2022. In general, exports recorded prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X tons) was the main destination for animal or vegetable fertilisers exports from the UK, accounting for a X% share of total exports. Moreover, animal or vegetable fertilisers exports to Ireland exceeded the volume sent to the second major destination, Vietnam (X tons), sixfold. The third position in this ranking was taken by Israel (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Israel (X% per year).

In value terms, Ireland ($X) remains the key foreign market for animal or vegetable fertilisers exports from the UK, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average animal or vegetable fertilisers export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, posted notable growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

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 the United States ($X per ton), while the average price for exports to Ireland ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into the UK

In 2022, purchases abroad of animal or vegetable fertilisers increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, recorded a abrupt descent. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, animal or vegetable fertilisers imports skyrocketed to $X in 2022. Overall, imports recorded a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Ireland (X tons) were the main suppliers of animal or vegetable fertilisers imports to the UK, together accounting for X% of total imports. Spain and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), the Netherlands ($X) and Ireland ($X) constituted the largest animal or vegetable fertilisers suppliers to the UK, together accounting for X% of total imports. Spain and Germany lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average animal or vegetable fertilisers import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

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

Source: IndexBox Platform

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