Germany: Mixed Fertilizer Market 2024

Mixed Fertilizer Market Size in Germany

In 2022, the German mixed fertilizer market increased by X% to $X, rising for the second consecutive year after eight years of decline. In general, consumption continues to indicate a pronounced decrease. Mixed fertilizer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Mixed Fertilizer Production in Germany

In value terms, mixed fertilizer production surged to $X in 2022 estimated in export price. In general, production showed a perceptible downturn. Mixed fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mixed Fertilizer Exports

Exports from Germany

In 2022, exports of mixed fertilizers from Germany shrank markedly to X tons, falling by X% compared with 2021. Over the period under review, exports recorded a pronounced setback. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped remarkably in the following year.

In value terms, mixed fertilizer exports skyrocketed to $X in 2022. In general, total exports indicated notable 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Belgium (X tons), Mexico (X tons) and the Netherlands (X tons) were the main destinations of mixed fertilizer exports from Germany, together accounting for X% of total exports. The Czech Republic, France, Switzerland, Italy, Austria, Poland, Spain, Greece, Slovakia and Denmark lagged somewhat behind, together comprising 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 Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed fertilizer exported from Germany were Belgium ($X), Mexico ($X) and the Czech Republic ($X), together comprising X% of total exports. Italy, the Netherlands, Austria, Switzerland, Poland, Spain, France, Denmark, Greece and Slovakia lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 mixed fertilizer export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated a measured expansion 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 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 Mexico ($X per ton), while the average price for exports to the Netherlands ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mixed Fertilizer Imports

Imports into Germany

In 2022, overseas purchases of mixed fertilizers decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, mixed fertilizer imports soared to $X in 2022. Overall, imports showed a slight downturn. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of mixed fertilizer imports to Germany, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Russia ($X) and Poland ($X) appeared to be the largest mixed fertilizer suppliers to Germany, together accounting for X% of total imports.

Russia, with a CAGR of X%, recorded the highest growth rate of 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 mixed fertilizer import price amounted to $X per ton, rising by X% against the previous year. In general, import price indicated a temperate 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. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue 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 Lithuania ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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