Portugal Fertilizer Market (2024-2030) | Trends, Value, Size, Share, Revenue, Growth, Analysis, Outlook, Industry, Forecast, Companies & Segmentation

Market Forecast By Type (Straight Fertilizers, Complex Fertilizers), By Crop Type (Grains and Cereals, Pulses and Oilseeds, Commercial Crops, Fruits and Vegetables, Other) And Competitive Landscape

Product Code: ETC5521297 Publication Date: Nov 2023 Updated Date: Jul 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 73 No. of Figures: 16 No. of Tables: 8

Portugal Fertilizer Market Competition 2023

Portugal Fertilizer market currently, in 2023, has witnessed an HHI of 5852, Which has decreased slightly as compared to the HHI of 6255 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Portugal Fertilizer Market Competition 2023

Portugal Export Potential Assessment For Fertilizer Market (Values in USD Thousand)


topic

Topics Covered in Portugal Fertilizer Market Report

Portugal Fertilizer Market Report thoroughly covers the market by type, fertilizer content, formulation, application and regions. Portugal Fertilizer Market Outlook report provides an unbiased and detailed analysis of the ongoing Portugal Fertilizer Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Portugal Fertilizer Market Synopsis

Portugal fertilizer market experienced a decline in 2021 and 2022 due to a significant 50% increase in the price of inorganic fertilizers, which has led to a decrease in consumption. However, the market is expected to witness a resurgence in the coming years, driven by the country's goal to boost daily consumption of fruits and vegetables to 400 grams per person across all age groups by 2030. According to the 2023 Food Barometer, 90% of Portuguese consumers have started focusing on healthy eating, with 51% adopting more nutritious diets over the past year. However, only 23% currently consume 11 to 14 healthy meals per week, indicating significant growth potential for the agricultural sector.

Additionally, increasing investments in agriculture, as highlighted by JLL, show that Portugal's agricultural sector is set to attract over $536 million in investments within the next two years. This capital is intended to enhance agricultural and forestry activities, directly boosting fertilizer demand. These investments would also support the development of various initiatives, such as the CAP Strategic Plan, and optimize existing agricultural practices, thus increasing the need for high-quality fertilizers to ensure improved crop yields.

Portugal Fertilizer Market Overview

According to 6Wresearch, Portugal Fertilizer Market revenue size is anticipated to grow at a CAGR of 3.8% during 2024-2030F. The annual rate of change in goods and services consumed in agriculture surged to 30.0% in 2022, and investment-related inputs increased by 10.7%. Additionally, per capita fruit consumption rose from 148.1 kg in 2021 to 151.2 kg in 2022, reflecting higher demand for quality produce. Local production of grains and tree nuts has also grown, with the grain market reaching $298 million in 2023 and tree nuts production rising to $205 million. This increased consumption necessitates higher production levels, making fertilizers essential for providing nutrients for healthy crop growth and optimal yields, significantly boosting the Portugal fertilizer market.

Portugal Fertilizer Market Share

Further, The CAP Plan would provide substantial funding for various agricultural initiatives in Portugal, including USD 343 million to support small farmers and USD 740 million to assist 14% of farms in sectors such as beef, dairy, small ruminants, and rice, thereby improving food security through protein crop and cereal production. Additionally, $536,000 would be allocated to promoting agro-environmental and climate knowledge, while $1.93 million would establish farm and forestry advisory services in the Azores and Madeira. These investments would significantly boost fertilizer demand by increasing agricultural activity and improving crop yields and productivity. Enhanced advisory services and agro-environmental knowledge would promote efficient fertilizer use, supporting Portugal's agricultural sector in the upcoming years.

Market Segmentation by Type

Inorganic fertilizers have the highest revenue share in Portugal fertilizer industry due to their immediate effectiveness in enhancing crop yields and their widespread use in intensive farming practices. These fertilizers provide essential nutrients quickly and efficiently, unlike organic fertilizers, which release nutrients more slowly and may not meet the immediate high demands of intensive agriculture.

Market Segmentation by Fertilizer Content

Fertilizers with more than 10% nitrogen dominate the Portugal fertilizer market due to the high nutrient demands of key crops, government subsidies, and farmer preferences for higher yields. Additionally, technological advancements, efficient formulations, and well-established distribution networks further support their widespread use and availability. However, fertilizers with less than 10% nitrogen are expected to grow rapidly owing to the rising consumption of organic fertilizers, as in the majority of organic fertilizers, nitrogen content is less than 10%.

Market Segmentation by Formulation

Liquid fertilizers are expected to have the highest growth rate in upcoming years in the Portugal's fertilizer market owing to their ease of application and rapid nutrient absorption. Their ability to be precisely applied through irrigation systems enhances efficiency and reduces waste, making them increasingly popular among farmers seeking to optimize crop yields and resource use.

Market Segmentation by Application

Agriculture has the highest revenue share in the application segment of Portugal's fertilizer market owing to the country's extensive agricultural activities, including diverse crop production like olive groves, vineyards, and cereals. The high demand for fertilizers to enhance crop yields and support intensive farming practices drives significant revenue from agricultural applications.

Portugal Fertilizer Market Segmentation

Market Segmentation by Region

In 2023, the Central region of Portugal has the highest fertilizer volume share, due to its extensive agricultural activities, particularly in areas like Castile-La Mancha and Catalonia. Further, these regions benefit from fertile soils and favourable climates, supporting the cultivation of high-demand crops such as cereals, fruits, and vegetables. Moreover, advanced farming techniques and substantial investment in agricultural infrastructure further enhance fertilizer use in the Central region.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Portugal Fertilizer Market Overview
  • Portugal Fertilizer Market Outlook
  • Portugal Fertilizer Market Forecast
  • Portugal Fertilizer Trends & Evolution
  • Historical Data and Forecast of Portugal Fertilizer Market Revenues and Volume, for the Period 2020-2030F
  • Market Drivers and Restraints
  • Historical Market Data and Forecast of Revenues and Volume, By Type, for the Period 2020-2030F
  • Historical Market Data and Forecast of Volume, By Fertilizer Content, for the Period 2020-2030F
  • Historical Market Data and Forecast of Revenues, By Formulation, for the Period 2020-2030F
  • Historical Market Data and Forecast of Revenues, By Applications, for the Period 2020-2030F
  • Fertilizer Outlook
  • Key Performance Indicators
  • Market Opportunity Assessment
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • Organic Fertilizers (Compost, Manure Etc.)
  • Inorganic Fertilizers (Nitrogen, Phosphate, Potassium Etc.)

By Inorganic Fertilizers

  • NPK
  • Others (Nitrogen, Phosphate, Etc)

By Fertilizer Content

  • N>10
  • N<10

By Formulation

  • Solid Fertilizers (Granules, Powder)
  • Liquid (Solutions, Suspensions)

By Application

  • Agriculture (Small, Commercial Farms)
  • Horticulture (Greenhouses, Nurseries)
  • Gardening (Home Gardening, Public Parks and Gardens)

By Region

  • Northern (Asturias, Cantabria, Bosque, Navarre, Castile and Leon, Galician, Rioja)
  • Central (Madrid, Castile-La Mancha, Catalonia, Extremadura, Aragon, Azores)
  • Southern (Andalusia, Murcia, Valencian, Balearic Islands, Canary Island, Madeira)
Portugal Fertilizer Market (2024-2030): FAQs
Portugal Fertilizer Market revenue size is anticipated to grow at a CAGR of 3.8% during 2024-2030F.
The market is expected to witness a resurgence in the coming years, driven by the country's goal to boost daily consumption of fruits and vegetables to 400 grams per person across all age groups by 2030.
Inorganic fertilizers have the highest revenue share in Portugal's fertilizer industry due to their immediate effectiveness in enhancing crop yields and their widespread use in intensive farming practices.
Segments that are covered in the market report are by type, fertilizer content, formulation, application and regions.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Portugal Fertilizer Market Overview
3.1 Portugal Fertilizer Market Revenues and Volumes (2020-2030F)
3.2 Portugal Fertilizer Market Industry Life Cycle
3.3 Portugal Fertilizer Market Porter’s Five Forces
4. Portugal Fertilizer Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Portugal Fertilizer Market Trends & Evolution
6. Portugal Fertilizer Market Overview, By Type
6.1 Portugal Fertilizer Market Revenue Share and Revenues, By Type (2020-2030F)
6.1.1 Portugal Fertilizer Market Revenues, By Organic Fertilizers (2020-2030F)
6.1.2 Portugal Fertilizer Market Revenues, By Inorganic Fertilizers (2020-2030F)
6.2 Portugal Fertilizer Market Volume Share and Volume, By Type (2020-2030F)
6.2.1 Portugal Fertilizer Market Volume, By Organic Fertilizers (2020-2030F)
6.2.2 Portugal Fertilizer Market Volume, By Inorganic Fertilizers (2020-2030F)
6.3 Portugal Inorganic Fertilizer Market Volume Share and Volume, By Type (2020-2030F)
6.3.1 Portugal Fertilizer Market Volume, By NPK (2020-2030F)
6.3.2 Portugal Fertilizer Market Volume, By Others (2020-2030F)
7. Portugal Fertilizer Market Overview, By Fertilizer Content
7.1 Portugal Fertilizer Market Volume Share and Volume, By Fertilizer Content (2023 & 2030F)
7.1 Portugal Fertilizer Market Volume, By N>10 (2020-2030F)
7.2 Portugal Fertilizer Market Volume, By N<10 (2020-2030F)
8. Portugal Fertilizer Market Overview, By Formulation
8.1 Portugal Fertilizer Market Revenue Share and Revenues, By Formulation (2023 & 2030F)
8.1 Portugal Fertilizer Market Revenues, By Solid Fertilizers (2020-2030F)
8.2 Portugal Fertilizer Market Revenues, By Liquid Fertilizers (2020-2030F)
9. Portugal Fertilizer Market Overview, By Application
9.1 Portugal Fertilizer Market Revenue Share and Revenues, By Application (2023 & 2030F)
9.1 Portugal Fertilizer Market Revenues, By Agriculture (2020-2030F)
9.2 Portugal Fertilizer Market Revenues, By Horticulture (2020-2030F)
9.3 Portugal Fertilizer Market Revenues, By Gardening (2020-2030F)
10. Portugal Fertilizer Market Overview, By Region
10.1 Portugal Fertilizer Market Volume Share and Volume, By Region (2023 & 2030F)
10.1 Portugal Fertilizer Market Volume, By Northern (2020-2030F)
10.2 Portugal Fertilizer Market Volume, By Central (2020-2030F)
10.3 Portugal Fertilizer Market Volume, By Southern (2020-2030F)
11. Portugal Fertilizer Market Key Performance Indicators
12. Portugal Fertilizer Market - Opportunity Assessment
12.1 Portugal Fertilizer Market Opportunity Assessment, By Type (2030F)
12.2 Portugal Fertilizer Market Opportunity Assessment, By Formulation (2030F)
12.3 Portugal Fertilizer Market Opportunity Assessment, By Application (2030F)
13. Portugal Fertilizer Market - Competitive Landscape
13.1 Portugal Fertilizer Market Revenue Ranking, By Top 3 Companies, 2023 
13.2 Portugal Fertilizer Market Competitive Benchmarking, By Technical Parameters / Operating Parameters
1. Company Profiles
14.1 Grupo Fertiberia
14.2 EuroChem Group 
14.3 Industrias Quimicas Fervalle S.L.
14.4 Yara International ASA
14.5 Tecniferti, S.A. 
14.6 Haifa Negev Technologies ltd
14.7 Dfgrupo
14.8 Fertigal
14.9 Nutrofertil
14.10 Baduberia Lda
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
1. Portugal Fertilizer Market Revenues, 2020-2030F ($ Million)
2. Top Crop Productions (in Thousand Tonnes) and Occupied Area (in Hundred Hectares) in Portugal, 2023
3. Variation in Production of Vegetable and Agricultural Branch in Portugal, 2023, in (%)
4. Portugal Fertilizer Market Revenue Share, By Type, 2023 & 2030F
5. Portugal Fertilizer Market Volume Share, By Type, 2023 & 2030F
6. Portugal Inorganic Fertilizer Market Volume Share, By Type, 2023 & 2030F
7. Portugal Fertilizer Market Volume Share, By Fertilizer Content, 2023 & 2030F
8. Portugal Fertilizer Market Revenue Share, By Formulation, 2023 & 2030F
9. Portugal Fertilizer Market Revenue Share, By Application, 2023 & 2030F
10. Portugal Fertilizer Market Volume Share, By Region, 2023 & 2030F
11. Portugal Per Capita Fruit Consumption, (2021 & 2022) in Kilograms
12. Portugal Fertilizer Market Opportunity Assessment, By Type, 2030F
13. Portugal Fertilizer Market Opportunity Assessment, By Formulation, 2030F
14. Portugal Fertilizer Market Opportunity Assessment, By Application, 2030F
15. Portugal Fertilizer Market Revenue Ranking, By Companies, 2023
16. Share of total utilised agricultural area used for organic farming in Portugal, (2012-2030F), in (%)
List of Tables
1. European Union Regulatory Reforms on agriculture sector
2. Portugal Fertilizer Market Revenues, By Type, 2020-2030F ($ Million)
3. Portugal Fertilizer Market Volume, By Type, 2020-2030F (Thousand Tons)
4. Portugal Inorganic Fertilizer Market Volume, By Type, 2020-2030F (Thousand Tons)
5. Portugal Fertilizer Market Revenues, By Fertilizer Content, 2020-2030F (Thousand Tons)
6. Portugal Fertilizer Market Revenues, By Formulation, 2020-2030F ($ Million)
7. Portugal Fertilizer Market Revenues, By Application, 2020-2030F ($ Million)
8. Portugal Fertilizer Market Volume, By Region, 2020-2030F (Thousand Tons)
9. Total Market size of Local Production of Grains and Tree Nuts in Portugal , (2021 – 2023), in ($ Million)
10. Funds allocation in CAP strategic plan to boost the agricultural output
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All