The import of mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilizing substances to Canada is projected to grow steadily from 2024 to 2028. In 2023, the volume stood below the forecasted 2024 value of 137.34 million kilograms. The year-on-year growth rate is consistent, showing a positive annual increase. By 2028, imports are expected to reach 155.56 million kilograms, indicating a healthy growth trajectory over the five years.
Future trends to watch for:
- Potential shifts in agricultural policies influencing demand for fertilizers.
- Changes in international trade agreements affecting import dynamics.
- Technological advancements in fertilizer alternatives impacting market demand.
- Environmental regulations and their effect on import volume and composition.
