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Fertiliser prices in the UK - Data and Analysis (2002-2033)
Fertiliser is used primarily in agricultural applications, making downstream farming the lead source of demand. Natural gas is a critical input in the energy-intensive production of nitrogenous fertiliser, the most widely used type, accounting for an estimated 60–80% of nitrogen fertiliser production costs. It is used in the synthesis of ammonia, which forms the basis of all nitrogen fertilisers.Over the five years through 2026-27, prices grew at a compound annual rate of 2.4%. The period opened with a sharp price surge following the Russian invasion of Ukraine in 2022, which severely disrupted European gas supplies, compounding the effects of tight global supply already pushing energy prices higher. After a period of easing in 2023–24, prices began rising again in 2025, driven by tight global supply conditions and increased production costs. This was further amplified by lower-than-usual UK and EU gas storage levels and renewed geopolitical tensions in the Middle East, with gas prices rising sharply in early 2026. The US-Iran conflict in early 2026 has disrupted exports of liquified natural gas from Qatar, a crucial supplier of natural gas to Europe and other parts of the world. The UK market's heavy reliance on imported fertilisers continues to leave prices exposed to currency weakness and global supply disruptions.
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Fertiliser prices
2002-2033
Estimated Value in 2027
XX
2022-27 CAGR XX%
2026-27 Change XX%
Forecast Value in 2033
XX
2027-33 CAGR XX%
2027-28 Change XX%
This report analyses the change in UK fertiliser prices. The data, which tracks shifts in the prices of fertilisers and soil improvers, is sourced from the Department for Environment, Food & Rural Affairs (Defra) and also includes IBISWorld forecasts. Given figures are presented as an index with a base year of the calendar year 2020 (i.e., 2020 = 100) and represent averages over financial years.
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Related Industries
| Industry | Country | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Chemical & Fertiliser Mineral Mining in the UK |
|
XX% | XX% | $XX |
| Vegetable Growing in the UK |
|
XX% | XX% | $XX |
| Cereals, Leguminous Crops & Oilseed Growing in the UK |
|
XX% | XX% | $XX |
| Fertiliser & Nitrogen Compound Manufacturing in the UK |
|
XX% | XX% | $XX |
| Precision Agriculture Systems & Services in the UK |
|
XX% | XX% | $XX |
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Frequently Asked Questions
What was the fertiliser prices in the UK in 2027?
The fertiliser prices in the UK in 2027 was 208.78 index points.
How has the fertiliser prices in the UK changed in 2027?
The fertiliser prices in the UK grew by 2.42% in 2027.
What was the forecast growth rate of fertiliser prices in the UK over the next five years?
IBISWorld’s data and analysis on fertiliser prices in the UK includes forecasted growth rates over the next five years.
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