EU: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in the EU

In 2022, the EU mixed fertilizer market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, showed a slight expansion. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Mixed Fertilizer Production in the EU

In value terms, mixed fertilizer production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2022 and is expected to retain growth in years to come.

Mixed Fertilizer Exports

Exports in the EU

In 2022, shipments abroad of mixed fertilizers decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, mixed fertilizer exports skyrocketed to $X in 2022. Total exports indicated a notable 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, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Belgium (X tons), distantly followed by the Netherlands (X tons), Poland (X tons), Finland (X tons), Spain (X tons), Lithuania (X tons) and Italy (X tons) were the major exporters of mixed fertilizers, together constituting X% of total exports. Germany (X tons), Greece (X tons), Portugal (X tons), France (X tons) and Romania (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Finland ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Spain, Poland, Lithuania, Germany, Italy, Greece, France, Portugal and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Spain, with a CAGR of X%, saw 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 2022, the export price in the European Union amounted to $X per ton, picking up by X% against the previous year. Export price indicated moderate growth 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, mixed fertilizer export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

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

Mixed Fertilizer Imports

Imports in the EU

In 2022, after three years of growth, there was significant decline in supplies from abroad of mixed fertilizers, when their volume decreased by X% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, mixed fertilizer imports surged to $X in 2022. Total imports indicated pronounced 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Romania (X tons), France (X tons), Spain (X tons), Poland (X tons), Germany (X tons), Ireland (X tons), Bulgaria (X tons), Belgium (X tons), Hungary (X tons), Italy (X tons), Lithuania (X tons) and the Netherlands (X tons) was the major importer of mixed fertilizers in the European Union, making up X% of total import. Sweden (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed fertilizer importing markets in the European Union were Romania ($X), Spain ($X) and France ($X), with a combined X% share of total imports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a measured increase 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, mixed fertilizer import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Italy ($X per ton) and Spain ($X per ton), while Bulgaria ($X per ton) and Ireland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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