Spain Prevails in EU Potassic Fertilizer Production and Trade

Fertilizers And Nitrogen Compounds January 24, 2016
Author: Inna Ivonina
Account Manager

potassic fertilize market

From 2007 to 2014, EU potassic fertilizer production showed mixed dynamics, finally falling from 5.9 million tonnes K2O in 2007 to 5.2 million tonnes K2O in 2014. It dropped with a CAGR of -1.9% over the period under review. In value terms, EU potassic fertilizer production reached 2.5 billion EUR in 2014, growing by +5.8% annually.

The countries with the largest production on the potassic fertilize marketĀ in value terms were Spain (266 million EUR) and the United Kingdom (209 million EUR).

Spain dominated in EU potassic fertilizer production and trade. In 2014, it exported 81% of its total potassic fertilizer output. Of this amount, 22% was supplied to the Netherlands, where Spain's potassic fertilizers held a 17% share of the country's total imports.

Source: EU: Potassic Fertilizers (Mineral And Chemical) - Market Report. Analysis And Forecast To 2020