EU: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in the EU

In 2023, after two years of growth, there was significant decline in the EU animal or vegetable fertilisers market, when its value decreased by X% to $X. The total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2017 indices. The level of consumption peaked at $X in 2022, and then contracted in the following year.

Production of Animal Or Vegetable Fertilisers in the EU

In value terms, animal or vegetable fertilisers production shrank to $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Animal Or Vegetable Fertilisers

Exports in the EU

After four years of growth, shipments abroad of animal or vegetable fertilisers decreased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then shrank in the following year.

In value terms, animal or vegetable fertilisers exports stood at $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in exports structure, together constituting X% of total exports. The following exporters - Italy (X tons), Spain (X tons), Germany (X tons), France (X tons) and Austria (X tons) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Spain, France, Germany and Austria 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

In 2023, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, 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 in 2023 and is likely to see steady growth in the near future.

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

From 2012 to 2023, 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 the EU

In 2023, after six years of growth, there was decline in purchases abroad of animal or vegetable fertilisers, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, animal or vegetable fertilisers imports contracted to $X in 2023. In general, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, France (X tons) was the largest importer of animal or vegetable fertilisers, creating X% of total imports. It was distantly followed by Belgium (X tons), Poland (X tons) and the Netherlands (X tons), together generating a X% share of total imports. Germany (X tons), Portugal (X tons), Spain (X tons), Italy (X tons), Ireland (X tons), the Czech Republic (X tons), Austria (X tons) and Romania (X tons) held a little share of total imports.

Imports into France increased at an average annual rate of X% from 2012 to 2023. At the same time, Poland (X%), Romania (X%), the Czech Republic (X%), Ireland (X%), Spain (X%) and Portugal (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Austria, Belgium and Germany experienced a relatively flat trend pattern. By contrast, Italy (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of France, Poland, Ireland and the Czech Republic increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest animal or vegetable fertilisers importing markets in the European Union were France ($X), Spain ($X) and Italy ($X), together comprising X% of total imports. Portugal, the Netherlands, Germany, Poland, Romania, Belgium, Austria, Ireland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw 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 2023, the import price in the European Union amounted to $X per ton, declining by X% against the previous year. Import price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 2023, 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