The market is dominated by domestic suppliers, as imports account for 47.0% of total market size in 2024. B2B drives market demand, with B2B spending representing 97.0% of total demand in 2024. Spain has the fourth largest market size for fertilisers and nitrogen compounds regionally, with demand reaching USD4.6 billion in 2024. Iberpotash SA is the largest company in Spain, generating 17.5% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 49.0% of total production value in 2024. The total number of companies decreases in 2024, to 238 units. The costs of the industry increase by 8.7% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.2% of production value in 2024, the highest regionally. The industry’s exports share decreases in 2024 to 41.6% of total production output. With production value of USD2.7 billion, Spain accounts for 8.4% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Fertilisers and Nitrogen Compounds in Spain: 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 Spain: ISIC 2412 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Chemical Products in Spain report includes:
- Five year forecasts on industry’s historic trends and growth
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- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
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- Is industry’s competitive landscape concentrated or fragmented?
Fertilisers and Nitrogen Compounds in Spain: ISIC 2412
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MARKET OVERVIEW
Chemical Products
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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