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EU - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNew Carbon Footprint Limitations to Tighten Competition on the European NPK Fertilizer Market
IndexBox has just published a new report: 'EU - Mixed Nitrogen, Phosphorus And Potassium Fertilizers - Market Analysis, Forecast, Size, Trends, and Insights.' Here is a summary of the report's key findings.
In 2020, the NPK fertilizer consumption in the EU amounted to 12 million tons, or approx. $4.9B. Near 50% of the market is supplied by imports, which may include the mutual trade between the EU countries. Due to the pandemic, imports of fertilizers to the EU countries fell sharply in April-May 2020 but started to recover in July, maintaining this trend until the end of the year. Fertilizer demand is expected to grow further in 2021, should the pandemic wane gradually.
A new challenge to the fertilizer market may be introducing a carbon tax on imported products in the EU countries. As part of the Green Deal, the European Union plans to introduce, according to the baseline scenario until 2025, an additional tax on imported products, which will fail to meet the new EU standards in terms of greenhouse gas emissions.
The tax initiative is supported by European producers, who have been subject to the Emission Trading System (ETS) since 2005, paying the costs of complying with the emission requirements. The ETS system's introduction helped reduce greenhouse gas emissions by 23% by 2018 compared to 1990 but weakened European products' competitiveness compared to countries where the regulation is less strict.
Fertilizer producers may be the first to be hit by the new regulation. Due to high energy consumption, fertilizer manufacturing processes have a heavy carbon footprint, among others in the chemical industry. The introduction of the tax will affect all levels of the product value chain. Modern plants for the production of ammonia fertilizers, in terms of energy consumption, are close to the theoretical minimum, making further improvements difficult and costly. Both local and foreign producers will be forced to enter into serious price competition in the European sales market's struggle.
Romania Emerges as the Fastest-Growing Importer of NPK Fertilizers in the EU
In 2019, Spain (825K tons), Poland (660K tons), Lithuania (583K tons), Germany (399K tons), Romania (374K tons), France (347K tons), Ireland (338K tons), Belgium (291K tons), Hungary (282K tons), Sweden (276K tons), Denmark (253K tons) and Latvia (219K tons) represented the major importer of mixed nitrogen, phosphorus, and potassium fertilizers in the European Union, generating 77% of total import (IndexBox estimates). Estonia (201K tons) followed a long way behind the leaders.
From 2012 to 2019, the most notable growth rate in terms of purchases, amongst the leading importing countries, was attained by Romania, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest mixed nitrogen, phosphorus, and potassium fertilizers importing markets in the European Union were Spain ($270M), Poland ($218M), and Lithuania ($191M), together comprising 31% of total imports. Germany, France, Romania, Belgium, Ireland, Hungary, Sweden, Denmark, Latvia, and Estonia lagged somewhat behind, accounting for a further 46%.
The import price for mixed nitrogen, phosphorus, and potassium fertilizers in the European Union stood at $351 per ton in 2019, falling by -1.6% against the previous year.
Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in France ($398 per ton) and Germany ($381 per ton), while Sweden ($293 per ton) and Estonia ($297 per ton) were amongst the lowest.
From 2012 to 2019, the most notable growth rate in terms of prices was attained by France, while the other leaders experienced a decline in the import price figures.
This report provides an in-depth analysis of the npk fertilizer market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4021 - NPK fertilizers
Country coverage:
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the EU, split by region and country
- Trade (exports and imports) in the EU
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023