The market is dominated by foreign suppliers, as imports account for 65.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 75.6% of total demand in 2022. The UK has the third largest market size for fertilisers and nitrogen compounds regionally, with demand reaching USD5.1 billion in 2022. CF Industries (UK) Ltd is the largest company in the UK, generating 36.2% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 76.1% of total production value in 2022. The total number of companies decreases in 2022, to 219 units. The costs of the industry increase by 60.6% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 10.9% of production value in 2022, the seventh highest regionally. The industry’s exports share decreases in 2022 to 37.0% of total production output. With production value of USD2.1 billion, the UK accounts for 7.5% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Fertilisers and Nitrogen Compounds in the United Kingdom: ISIC 2412. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fertilisers and Nitrogen Compounds in the United Kingdom: ISIC 2412 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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