The India Fertilizers Market is segmented by Type (Complex, Straight), by Form (Conventional, Speciality), by Application Mode (Fertigation, Foliar, Soil) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

The India fertilizer market is expected to grow at a CAGR of 4.30% between 2025 and 2034, reaching a projected value of USD 14.9 Billion by 2034. The market growth is being driven by increasing demand for food production and improvements in agriculture processes.

The Indian fertilizer market is experiencing robust growth, projected to reach a market size of approximately ₹1.5 trillion (USD 18 Billion) by 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 6.50% from 2019 to 2033. This expansion is fueled by several key drivers: India's burgeoning agricultural sector, increasing demand for high-yielding crops to meet the food security needs of a rapidly growing population, and government initiatives promoting balanced fertilizer usage and improved agricultural practices. Furthermore, the rising adoption of modern farming techniques, including precision agriculture, contributes significantly to the market's growth. However, challenges remain, including fluctuating raw material prices, potential supply chain disruptions, and the need for sustainable fertilizer practices to mitigate environmental impact. Government regulations aimed at promoting responsible fertilizer use and addressing environmental concerns also shape market dynamics. Major players like Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd, and others are actively investing in capacity expansion and product diversification to capitalize on these growth opportunities. The market is segmented based on fertilizer type (urea, potash, NPK, etc.), application method, and crop type. Regional variations in agricultural practices and soil conditions influence demand patterns across different states. The forecast period (2025-2033) anticipates sustained growth, driven by consistent agricultural output requirements and ongoing technological advancements in fertilizer production and application. The market's future success hinges on effectively addressing the challenges related to price volatility, sustainability, and equitable access to fertilizers for farmers across India. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The India Controlled Release Fertilizer Market is segmented by Coating Type (Polymer Coated, Polymer-Sulfur Coated, Others) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

India Fertilizers Market Outlook 2031

The India fertilizers market size was USD 898.5 Billion in 2022 and is expected to reach USD 1.37 Trillion by 2031 expand at a significant CAGR of 4.85% during the forecast period, 2023–2031. The growth of the market is attributed to the growing requirement to meet the country's ever-increasing population's food demands is driving the India fertilizers industry during the forecast period.



The increased use of fertilizer has made a substantial contribution to India, such as ability to produce food grains sustainably. As a result, over the last few years, the demand for fertilizers has increased by double digits. Fertilizers are used to boost nutrient-depleted soil production. Fertilizer use continues to rise in India to meet the rising food demands of the country's rising population.

Fertilizer use in India is influenced by the soil and climatic conditions of the country's diverse regions. During the outbreak of lockdown all over India, due to Covid-19, the government has lifted the restrictions on fertilizer manufacturing to retain seasonal agricultural activity.

India Fertilizers Market Trends, Drivers, Restraints, and Opportunities

• Increasing need for fertilizers has resulted from an increase in food demand and a decrease in arable land, to meet the need and eliminate food shortages are expected to spur the market growth during the forecast period.


• Several governments and non-governments awareness efforts aimed at informing farmers about the advantages of fertilizers. Fertilizer promotion via television, radio, and customized rural seminars is also expected to boost the India fertilizers market for consumption in the coming years.


• Rising rural incomes, combined with the ease with which credit can be obtained, are anticipated to drive market expansion in the coming years.


• Implementation of lockdown due to COVID-19 has compelled

The India Specialty Fertilizer Market is segmented by Speciality Type (CRF, Liquid Fertilizer, SRF, Water Soluble), by Application Mode (Fertigation, Foliar, Soil) and by Crop Type (Field Crops, Horticultural Crops, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by Type, Form, Application Mode and Crop Type.

The fertilizer market in India is valued at XX million and is expected to grow at a CAGR of 6.50% during the forecast period 2025-2033. The major drivers of growth include the increasing demand for agricultural products, rising disposable income, and government initiatives to promote crop production. The market is segmented by type, application, and region. By type, the market can be classified into urea, DAP, and MOP. By application, the market can be divided into cereals, oilseeds, pulses, and fruits and vegetables. Key players operating in the Indian fertilizer market include Chambal Fertilizers & Chemicals Ltd, Coromandel International Ltd, Haifa Group, Indian Farmers Fertiliser Cooperative Limited, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, Yara International AS, National Fertilizers Ltd, Rashtriya Chemicals & Fertilizers Ltd, ICL Group Ltd, and Sociedad Quimica y Minera de Chile SA. These companies are engaged in the production, distribution, and marketing of fertilizers. The report provides an in-depth analysis of the market size, market share, and competitive landscape of the fertilizer market in India. It also discusses the key trends and drivers that are expected to shape the market in the coming years. The fertilizer market in India is a significant contributor to the country's agricultural sector. Valued at over USD 25,000 Million in 2023, the market presents numerous opportunities for growth and innovation. Recent developments include: January 2023: ICL has entered into a strategic partnership agreement with General Mills, in which it will be the supplier of strategic specialty phosphate solutions to General Mills. The long-term agreement will also focus on international expansion.May 2022: ICL launched three new NPK formulations of Solinure, a product with increased trace elements to optimize yields.May 2022: ICL signed an agreement with customers in India and China to supply 600,000 and 700,000 metric tons of potash, respectively, in 2022 at USD 590 per ton.. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The India controlled-release fertilizer (CRF) market, while currently experiencing robust growth, presents a compelling investment opportunity. With a Compound Annual Growth Rate (CAGR) of 6.50% from 2019 to 2024, and a projected continuation of this trend through 2033, the market demonstrates significant potential. This growth is fueled by several key drivers. Increasing awareness among farmers regarding the benefits of CRFs, such as improved nutrient use efficiency, reduced environmental impact (less leaching and runoff), and enhanced crop yields, is a primary factor. Government initiatives promoting sustainable agriculture and water conservation further bolster market expansion. Furthermore, the rising demand for high-quality agricultural produce to meet the needs of a burgeoning population is driving the adoption of advanced fertilizer technologies like CRFs. While challenges remain, including the relatively higher initial cost compared to conventional fertilizers and the need for greater farmer education and training, the long-term benefits of CRFs are likely to outweigh these limitations, ensuring sustained market growth. The competitive landscape is characterized by a mix of both domestic and international players. Established companies like Haifa Group, Grupa Azoty S.A. (Compo Expert), and ICL Group Ltd. are leveraging their expertise and global reach to penetrate the Indian market. Simultaneously, domestic players like Hebei Sanyuanjiuqi Fertilizer Co. Ltd. and Zhongchuang Xingyuan Chemical Technology Co. Ltd. are capitalizing on their understanding of local market dynamics. New entrants like those backed by New Mountain Capital (Florikan) also signal the market's attractiveness. Future market success will hinge on factors such as product innovation, strategic partnerships, and effective marketing strategies that address farmer concerns and highlight the long-term value proposition of CRFs. This includes investments in R&D to develop CRFs tailored to specific Indian soil conditions and crop requirements. The market presents promising opportunities for companies that can successfully navigate the complexities of this dynamic agricultural landscape. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

India Fertilizer Market size was valued at around USD 10.8 Billion in 2024 and is projected to reach USD 14 Billion by 2030, at 4.2% CAGR.

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Fertilizers Market Size 2025-2029

The fertilizers market size is forecast to increase by USD 24.7 billion, at a CAGR of 2.2% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for organic fertilizers and the adoption of high-efficiency fertilizers in the agriculture sector. Organic fertilizers are gaining popularity due to their environmental benefits and the growing consumer preference for sustainable farming practices. Meanwhile, high-efficiency fertilizers, which offer improved nutrient use efficiency and reduced environmental impact, are increasingly being adopted to enhance agricultural productivity. However, the market faces challenges, including health issues associated with fertilizer use. The potential health risks posed by excessive exposure to fertilizers, such as respiratory problems and skin irritation, are a concern for farmers and laborers. Furthermore, the volatility of raw material prices and the increasing regulatory pressure on fertilizer manufacturers to reduce their environmental footprint add complexity to the market landscape. To capitalize on opportunities and navigate these challenges, companies must focus on innovation, sustainability, and regulatory compliance. Strategic partnerships, research and development initiatives, and investments in technology can help companies differentiate themselves and stay competitive in this dynamic market.

What will be the Size of the Fertilizers Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe fertilizer market continues to evolve, driven by the ongoing quest for agricultural efficiency and sustainable practices. Natural and synthetic fertilizers play integral roles in enhancing crop yield and plant growth. Broadcast spreading and GPS guidance optimize fertilizer application, while nutrient management strategies consider the NPK ratio and root development. Water-soluble fertilizers and foliar feeding expedite nutrient uptake, and slow-release and granular fertilizers ensure consistent delivery. Fertilizer blending and soil testing are essential components of effective nutrient management. The use of inorganic and organic fertilizers, each with unique environmental impacts, necessitates careful consideration. Greenhouse gas emissions from fertilizer production and application are under scrutiny, necessitating ongoing research and innovation. Precision farming, including crop modeling, yield monitoring, and precision agriculture, is revolutionizing fertilizer application and distribution networks. Soil health and degradation are critical concerns, with the potential for water pollution and environmental damage underscoring the need for sustainable practices. Phosphate rock and potassium chloride are essential resources in fertilizer production, while ammonium nitrate and liquid fertilizers cater to various agricultural needs. Supply chain management and fertilizer distribution networks remain crucial for ensuring a steady supply of essential nutrients. In this dynamic market, the interplay of various factors—from crop production to environmental impact—continuously unfolds, necessitating ongoing research and adaptation. The future of fertilizer applications lies in the integration of technology, sustainability, and efficiency.

How is this Fertilizers Industry segmented?

The fertilizers industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeInorganicOrganicApplicationAgricultureHorticultureGardeningProduct TypeDryLiquidProductStraightComplexGeographyNorth AmericaUSCanadaEuropeFranceRussiaAPACAustraliaChinaIndiaJapanSouth KoreaSouth AmericaBrazilRest of World (ROW)

By Type Insights

The inorganic segment is estimated to witness significant growth during the forecast period.The inorganic the market plays a pivotal role in contemporary agriculture, supplying necessary nutrients that substantially boost crop yield and quality. Inorganic fertilizers, consisting mainly of nitrogen, phosphorus, and potassium (NPK), are popular due to their quick availability to plants and their capacity to rectify specific nutrient shortages in the soil. The escalating global population necessitates increased food production, thereby fueling the demand for inorganic fertilizers. Key players in this sector include Yara International, CF Industries Holdings, and Nutrien Ltd. Yara International is recognized for its extensive line of nitrogen-based fertilizers, while CF Industries Holdings excels in the manufacturing and distribution of nitrogen fertilizers, such as ammonia, urea, and ammonium nitrate. Agricultural efficiency is a significant conce

Technological advancements in the India Controlled Release Fertilizer industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

In India Fertilizer Market, The Government has been encouraging Indian Companies to establish Joint Ventures abroad in Countries which are rich in fertilizer resources for production facilities with buy-back arrangements and to enter into long term agreement for the supply of fertilizers and fertilizer inputs to India.

The India Organic Fertilizer Market is segmented by Form (Manure, Meal Based Fertilizers, Oilcakes) and by Crop Type (Cash Crops, Horticultural Crops, Row Crops). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes market split by form and various crop types.

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Liquid Fertilizer Market Size 2024-2028

The liquid fertilizer market size is forecast to increase by USD 2.35 billion at a CAGR of 3.57% between 2023 and 2028.

The market is experiencing significant growth due to the increasing demand for nutrient-rich fertilizers that address issues of soil erosion and soil pollution. Nitrogen-based fertilizers, particularly those containing NPK (Nitrogen, Phosphorus, and Potassium), remain popular choices for farmers. However, concerns over water pollution from phosphates and nitrates, as well as the presence of heavy metals in fertilizers, have led to stricter regulations on their handling, storage, and transportation. To meet these regulations, there is a growing trend towards high-efficiency fertilizers that minimize nutrient runoff and reduce the risk of eutrophication and soil contamination. This report provides a comprehensive analysis of market trends, growth drivers, and challenges in the liquid fertilizer industry.

What will be the Size of the Market During the Forecast Period?

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The market has witnessed significant growth due to the increasing demand for high-value crops, such as fruits and vegetables, and the need to address micronutrient deficiencies in various crops. Liquid fertilizers offer several advantages over traditional solid fertilizers, including faster absorption by plant foliage and better compatibility with irrigation systems, including sprinklers. Farmers in the US have been turning to liquid fertilizers to improve the quality of their crops and ensure optimal yields. Fruit crops, such as tomatoes, potatoes, onions, cabbage, and cauliflower, particularly benefit from the use of liquid fertilizers, as they enable farmers to address specific nutrient deficiencies and provide a more consistent nutrient supply to the plants.
However, the adoption of liquid fertilizers is not without challenges. Concerns regarding potential toxicity and environmental pollution have arisen due to the use of certain liquid fertilizers. Therefore, it is essential for farmers to choose liquid fertilizers that have been tested for safety and are free from harmful contaminants. The market in the US is expected to continue growing. The growth of the market can be attributed to the increasing demand for high-quality fruits and vegetables, the need to address micronutrient deficiencies, and the compatibility of liquid fertilizers with modern irrigation systems.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Cereals and grains
  Oilseeds and pulses
  Fruits and vegetables


Type

  Nitrogen
  Phosphate
  Potassium
  Micronutrients


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    France


  South America



  Middle East and Africa

By Application Insights

The cereals and grains segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the large-scale cultivation of cereals and grains, which accounted for the largest application segment in 2023. According to the Organization for Economic Co-operation and Development (OECD), the production of cereals is projected to increase by approximately 336 million tons over the next decade, with significant contributions from major grain-producing nations like India, Russia, and Ukraine for wheat, and the US, China, and Brazil for maize. This expansion in agricultural production is crucial to meet the growing demand for food, particularly in light of the anticipated population growth. However, the use of liquid fertilizers also raises concerns regarding environmental pollution.

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The cereals and grains segment was valued at USD 5.62 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 50% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region, home to over half of the world's population, is witnessing significant population growth and shifting food preferences, leading to an increased demand for high-yield crops, particularly in India and China. By 2050, APAC's population is projected to reach 5.3 billion, up from approximately 4.6 billion in 2021. This demographic shift is driving the need for advanced agricultural practices, including the use of liqui

The global chemical fertilizers market is experiencing robust growth, driven by increasing global food demand, expanding agricultural practices, and the rising adoption of high-yielding crop varieties. The market, valued at approximately $200 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors, including government initiatives promoting sustainable agriculture, advancements in fertilizer technology leading to improved nutrient use efficiency, and increasing investments in agricultural research and development. Significant regional variations exist, with Asia-Pacific, particularly China and India, dominating the market due to their large agricultural sectors and growing populations. However, regions like North America and Europe are also expected to contribute substantially, driven by a focus on precision agriculture and environmentally friendly fertilizer solutions. The market is segmented by type (nitrogen, phosphorus, potassium, and compound fertilizers) and application (agriculture and horticulture). Nitrogen fertilizers currently hold the largest market share, reflecting their crucial role in plant growth. However, the demand for compound fertilizers is expected to grow at a faster rate due to their balanced nutrient composition and improved efficiency. The market faces certain restraints, including fluctuating raw material prices, environmental concerns related to fertilizer overuse, and stringent government regulations aimed at mitigating environmental impact. Major players in the market, including Sinochem, Hbyihua, Yuntianhua, Huajinchem, and others, are focusing on innovation, strategic partnerships, and expansion into new markets to maintain their competitive edge. The forecast period (2025-2033) presents significant opportunities for market expansion, especially with a focus on sustainable and precision fertilizer technologies that address the growing concerns about environmental sustainability and resource efficiency. This in-depth report provides a comprehensive analysis of the global chemical fertilizers market, valued at approximately $250 billion in 2023. It delves into market dynamics, competitive landscapes, and future growth projections, focusing on key players, production trends, and regional variations. The report utilizes robust data and insightful analysis to offer actionable strategies for businesses operating within this crucial sector. This report is essential for investors, manufacturers, distributors, and policymakers seeking to understand the complexities and opportunities within the chemical fertilizer industry. Keywords: Chemical Fertilizer Market, Fertilizer Production, Nitrogen Fertilizer, Phosphorus Fertilizer, Potassium Fertilizer, Compound Fertilizer, Agricultural Chemicals, Horticulture Fertilizers, Global Fertilizer Market.

India Organic Fertilizer Market size was valued at USD 586.37 Million in 2024 and is projected to reach USD 1145.42 Million by 2032, growing at a CAGR of 8.73% from 2026 to 2032.

The India Organic Fertilizer Market is experiencing significant growth driven by increasing awareness about sustainable agriculture and the harmful effects of chemical fertilizers on soil health. Farmers are shifting towards organic alternatives to enhance soil fertility and crop yield while reducing environmental impact. Government initiatives promoting organic farming through subsidies and certification programs are further boosting market demand.

Additionally, the rising demand for organic food and growing health consciousness among consumers are fueling the need for organic fertilizers. Advancements in bio-fertilizer technology and the availability of a wide range of organic products, including compost, vermicompost, and manure, are encouraging farmers to adopt organic farming practices.

The India Fertilizers Market size was valued at USD 20.50 Billion in 2024 and is projected to reach USD 45.70 Billion by 2032, growing at a CAGR of 10.5% from 2026 to 2032.

Key Market Drivers:

Increasing Demand for Food Security: India’s growing population, projected to reach 1.6 billion by 2050, is driving the fertilizers market. The country’s agriculture sector, accounting for 18% of GDP and employing over 50% of the workforce, is crucial for food security. The government is promoting initiatives to increase crop yields, making fertilizers essential for boosting productivity and improving soil fertility, which is essential for sustaining India’s agricultural output.

The India micronutrient fertilizer market is anticipated to expand at a 6.50% CAGR during 2025-2033, reaching a value of XX million by 2033. Rising awareness among farmers about the significance of micronutrients in crop production, increasing government initiatives promoting micronutrient fortification, and a growing focus on sustainable agriculture are key market drivers. The increasing adoption of precision farming techniques, which involve tailored application of fertilizers to specific crop needs, is a major trend shaping the market. However, factors such as fluctuating raw material prices, stringent environmental regulations, and limited access to micronutrient-rich fertilizers in remote areas pose challenges to market growth. Key players in the market include Mangalore Chemicals & Fertilizers Ltd, Coromandel International Ltd, Deepak Fertilizers & Petrochemicals Corporation Ltd, and Yara International ASA. Recent developments include: November 2019: IFFCO Launches its Nano Technology based Products nano nitrogen, nano zinc and nano copper for on- field trials as part of its efforts to cut United Statesge of chemical fertilisers and boost farmers' income.February 2019: Coromandel International announced a strategic partnership with Agrinos. The partnership allows Coromandel to widen its product offerings of complete plant nutrition solutions, organic fertilizers, and specialty nutrients. Coromandel, in partnership with Agrinos, will offer growers high-technology inputs under the brand name ARITHRI.November 2018: ICL Fertilizers developed a new line of premium fertilizers that help farmers feed their crops precisely. Polysulphate, ICLPotashpluS, and ICLPKpluS are manufactured from polyhalite, a mineral extracted at the ICL mine in Boulby, United Kingdom, to meet the agricultural need for balanced, targeted nutrition.. Key drivers for this market are: Shortage of Skilled Labor, Government Support to Enhance Farm Mechanization. Potential restraints include: Heavy Initial Procurement Cost and High Expenditure on Maintenance. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The India Organic Fertilizer Market size was valued at USD XX million in 2025 and is projected to grow at a CAGR of 6.25% from 2025 to 2033, reaching USD XX million by 2033. Increasing awareness about the harmful effects of chemical fertilizers and rising demand for organic food are प्रमुख drivers of market growth. Additionally, government initiatives promoting sustainable agriculture and the expansion of the organic farming sector are contributing to the market's growth. The consumption of organic fertilizers has been growing steadily, with major demand coming from the agriculture sector. The growing preference for organic produce among consumers, along with the increasing adoption of organic farming practices by farmers, is driving the demand for organic fertilizers. Moreover, the availability of various organic fertilizer products, such as compost, manure, and biofertilizers, provides farmers with multiple options to choose from, further fueling market growth. Recent developments include: September 2022: To expand GSFC's Agro-product portfolio, the company planned to enter into organic fertilizers by setting up a 2x200 MTPD PROM plant at a polymer unit by using available existing infrastructure.April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 01, 2021. This merger is anticipated to expand the company's product portfolio, including its organic fertilizers, in the long run.February 2022: Gujarat State Fertilizers & Chemicals Ltd launched the Urban Sardar organic fertilizer, an eco-friendly and non-toxic product containing organic sources of nutrients best suited for all flowering plants and ornamental plants, gardens, and kitchen gardening.. Key drivers for this market are: Seed Treatment As A Solution To Enhance Yield, Growing Awareness For Seed Treatment Among The Farmers; Rising Trend Of Organic Farming. Potential restraints include: Limitations Across Farm-Level Seed Treatment, Rising Environmental Concerns. Notable trends are: Rising Prevalence of Insect-borne Diseases.

In 2024, the Indian fertilizer market decreased by -1.3% to $35.5B, falling for the second year in a row after two years of growth. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2024: its value increased at an average annual rate of +2.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -13.6% against 2022 indices.