Key Market Indicators
Japan's imports of ammonia are expected to reach $67 million by 2026, down 2.1% per year on average from 2021's figure of $76 million. Since 1993, Japanese demand has declined by 1.2% annually. Meanwhile, Japan's exports of ammonia are forecast to reach $4.6 million by 2026, a decrease of 2.9% on average from 2021's $5.5 million. Since 1993, Japanese supply has grown 4.2% each year. Ranked 29th in 2021, Bangladesh was just ahead of Japan at $5.5 million. Saudi Arabia, Russia and Indonesia placed second, third and fourth, respectively.
