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Fertiliser & Nitrogen Compound Manufacturing in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2028)

Martha Garcia Guerrero Martha Garcia Guerrero London, United Kingdom Last Updated: August 2024 SIC UK-C2012

Revenue

£45.2bn

2024-25

£45.9bn

Past 5-Year Growth

Profit

£X.Xbn

Employees

135k

Businesses

2,244

Wages

£X.Xbn

Fertiliser & Nitrogen Compound Manufacturing in the UK industry analysis

Revenue is forecast to fall at a compound annual rate of 5.4% over the five years through 2024. Volatile demand conditions and fluctuations in input prices have had mixed impacts on revenue and contributed to revenue volatility. Following the Russian invasion of Ukraine, natural gas prices soared. Manufacturers were initially forced to absorb these costs at the expense of profitability, producers were later able to pass these costs onto customers, supporting revenue and giving some respite for bottom lines. As well as rising input prices, supply chain disruptions led to a fertiliser shortage, driving prices upwards.

Trends and Insights

  • Sharp price increases aided revenue. According to the Energy & Climate Intelligence Unit, fertiliser prices trebled between 2021 and 2022.
  • Russia’s invasion of Ukraine drives demand for fertiliser. Ukraine is one of the largest producers of cereals, so following disruptions, other countries sought to increase their yields, leading farmers to turn to fertilisers.
  • Larger firms leverage economies of scale. Larger companies can leverage their financial and capital resources to lower operating costs, making them more competitive.
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Top Questions Answered in this Report

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What is the market size of the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom in 2025?

The market size of the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom is £45.2bn in 2025.

How many businesses are there in the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom in 2024?

There are 2,244 businesses in the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom, which has declined at a CAGR of 0.9 % between 2019 and 2024.

Has the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom has been declining at a CAGR of 2.5 % between 2019 and 2024.

What is the forecast growth of the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom over the next 5 years?

Over the next five years, the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom is expected to grow.

What does the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom include?

Nitrogen and Potassium are part of the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom.

How competitive is the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom?

The level of competition is high and steady in the Fertiliser & Nitrogen Compound Manufacturing industry in the United Kingdom.

Everything you need in one report

  • Reliable market estimates from 2014-2029
  • Competitive analysis, industry segmentation, financial benchmarks
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Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturers must comply with strict regulations. Fertilisers must meet specific nutrient contents, safety and environmental requirements.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Fertiliser & Nitrogen Compound Manufacturing in the UK industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising demand supports higher profit margins. Demand for fertiliser increased significantly following Russia’s invasion of Ukraine, pushing up the prices manufacturers sold their products for.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Fertiliser & Nitrogen Compound Manufacturing in the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

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