Europe Fertilizer Market will grow with a CAGR of 7.3% during 2022 – 2027

As per the Renub Research report titled “Europe Fertilizer Market, Size, Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis,” the Europe Fertilizer Market Size was US$ 5.5 Billion in the year 2021. Fertilizers play a central role in Europe, meeting the agricultural requirements of a developing population by promoting the effective use of arable land and ensuring food preservation in Europe. These fertilizers are a rich source of primary nutrients, including phosphorus, nitrogen, and potassium, and help maintain the health of the crops. Similarly, they raise the organic & humus content in the soil, provides nutrients for microorganisms in the soil, and converts the physical?chemical properties of the soil. 


Across Europe, the market for nitrogenous fertilizers grows with abundant raw materials due to shale gas exploration. Urea is the consideration for the consumption in the agricultural sector in the European industry, followed by UAN (Liquid Urea Ammonium Nitrate. The availability of this gas at a less price has decreased imports of urea, ammonia, and urea ammonium nitrate in Europe. Increased commercial farming and the low-cost production of fertilizers are anticipated to propel the demand for nitrogenous fertilizers.


Geographically, France Dominates the European Fertilizers Market:

France holds the most significant share in the European fertilizer market, followed by Germany and United Kingdom. The demand for phosphate fertilizer increases slower than nitrogenous fertilizer, owing to France’s insufficient supplies of phosphate rocks. Also, the rate of application of phosphate fertilizers is low in Europe, owing to the low rate of phosphorous diffusion and their residual effect in crops and soil. The primary factor driving cropland conversion in Western European countries like Germany, the United Kingdom, and Spain transforms arable land for settlement and infrastructure. The shrinkage of farmland has emerged in accepting a greater concentration of fertilizers by farmers to cater to the increasing need for food crops across the region.

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Besides, shrinking farmland and rising demand for food crops such as wheat boost the requirement for agricultural chemicals. Wheat is the highest consumer of nitrogen-based soil nourishment among the cereals consumed across Europe, followed by Coarse, Oil Seeds, and Potatoes. Nitrogen is used to grains and cereals in the form of soil additives or sprinklers. A rise in the consumption of bio-fuel and bio-energy in Europe increased the demand for fodder crops. Fodder crops are the more fertilizer-consuming crops, growing the need for fertilizers in Europe.


COVID-19 Impact on European Fertilizers Market:

The impact of COVID-19 on the fertilizer market in Europe has been minimal, owing to the priority status of the commodities. Thus, supply chain disruptions have not severely affected the supply of fertilizers to the European market due to trade limitations. 

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Key Players:

Prominent players operating in the European Fertilizers Market are Yara International ASA, Eurochem, Achema, OCI N.V, Petrokemua DD Fertilizer Factory, Nitroenmuvek Zrt., ICL Specialty Fertilisers, Grupa Azoty Group, Fertberia, BASF SE, and The Mosaic Company. For instance, Yara International, in 2021, has signed a letter of intent with Skycraft and Aker Horizon to establish Europe’s first large-scale green ammonia project in Norway. This will make Yara one of the major players in producing green ammonia in the European region.


Market Summary:

  • Segment – We have covered by segment in the Europe Fertilizer Market breakup from 3 viewpoints. (Nitrogen, Potassium & Phosphate)
  • Type – Our report covered by type in the Europe Fertilizer Market breakup from 5 viewpoints. (Nitrate, Urea, UAN, Compound fertilizer & Others)
  • Crop – This Report covered by crop in the Europe Fertilizer Market breakup from 9 viewpoints. (Wheat, Coarse, Oil Seeds, Potatoes, Sugar Beet, Perm Crop, Fodder Crop, Fertilizer grassland, Others arable)
  • Geography – Renub research report covered by country in the Europe Fertilizer Market breakup from 6 viewpoints (France, Germany, United Kingdom, Spain, Italy, Others)
  • Key Players – All the key players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenues) of companies like Yara International ASA, Eurochem, Achema, OCI N.V, Petrokemua DD Fertilizer Factory, Nitroenmuvek Zrt., ICL Specialty Fertilisers, Grupa Azoty Group, Fertberia, BASF SE, and The Mosaic Company.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

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Europe Fertilizer Market, by Segment, Type, Crop, Country, Company Analysis

Fertilizers play an essential role in improving plants’ growth and productiveness, thus resulting in soil fertility and maximum yield. It is expected that Europe fertilizer market would gradually grow during the forecast time period. Chemical fertilizers play a crucial role in meeting the agricultural needs of a growing population by supporting the efficient use of arable land and ensuring food security across the globe. According to Renub Research Analysis, Europe Fertilizer Market will be US$ 8.6 Billion by 2027.

In the Central and Southeastern Europe, where the crop yield lags, European demand for potassium, nitrogen and phosphorus is growing during the forecast period. Although, Europe fertilizer industry is going through hard times as most of its content reaches its limit in terms of fertilizer use and arable lands. European Union is mostly dependent on imports for mineral fertilizers. Nitrogen-based fertilizers were traded over the period at the same time when ammonia is included in the nitrogen-based fertilizer the imports were doubled.

Europe Fertilizer Market – Renub Research

Besides, Fertilizer prices are resolute by their physical characteristics as well as logistics cost for delivery to the gates of farms. The price is extremely related to energy prices in nitrogen-based fertilizers as the process reliant upon natural gas. On the other hand, rock-based fertilizer like potassium & phosphate is less linked to energy prices. In addition, factors which are boosting Europe fertilizer market are growing government awareness, surging demand for ammonia fertilizers.

Renub Research report titled “Europe Fertilizer Market, by Segment (Nitrogen, Potassium & Phosphate) Type (Nitrate, Urea, UAN, Compound fertilizer & Others), Crop (Wheat, Coarse, Oil Seeds, Potatoes, Sugar Beet, Perm Crop, Fodder Crop, Fertilizer grassland, Others arable) Country (France, Germany, United Kingdom, Spain, Italy, Others) Company (The Mosaic Company, Yara International, Nutrien Limited, K+S Group, CF Industries Holdings, Inc.)”. This report will provide all encompasses market trends, key drivers & restraining factors, Merger/acquisition, financial insights on given companies.

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Segment – Market & Volume breakup with 3 viewpoints

• Nitrogen
• Potassium
• Phosphate

Type – Market & Volume

  1. Nitrate
  2. Urea
  3. UAN
  4. Compound fertilizer
  5. Others

Crop – Volume breakup 9 Crops covered in the Report

  1. Wheat
  2. Coarse
  3. Oil Seeds
  4. Potatoes
  5. Sugar Beet
  6. Perm Crop
  7. Fodder Crop
  8. Fertilizer grassland
  9. Others arable

Country – Volume breakup

  1. France
  2. Germany
  3. United Kingdom
  4. Spain
  5. Italy
  6. Others

All the key players have been covered from 3 Viewpoints

• Overview
• Recent Developments
• Revenue Analysis

Company

• The Mosaic Company
• Yara International
• Nutrien Limited
• K+S Group
• CF Industries Holdings, Inc.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research