Fertiliser & Nitrogen Compound Manufacturing in the UK - Market Research Report (2014-2029)

Stunted Growth: Revenue is Edging Downwards in 2022-23 as Fertiliser Prices Fall from Last Year's Peak

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Over the five years through 2022-23, the Fertiliser and Nitrogen Compound Manufacturing industry's revenue is set to swell at a compound annual rate of 10.6% to £2.7 billion. The Russian invasion of Ukraine has inflated natural gas prices, a key feedstock in fertiliser production, significantly disrupting operations. High fertiliser prices have forced farmers to adapt by increasing their spreading efficiency, reducing the amount of fertiliser farmers need. Even though output has been slashed, high fertiliser prices have still boosted industry revenue.

This industry covers companies that manufacture fertilisers. It also includes companies that manufacture associated nitrogen products, potting soil and potting soil mixtures comprising natural soil, sand, clays and minerals.