The import of mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilising substances to Germany stood at approximately 1.58 billion kilograms in 2023. Forecast for 2024 depicts a gradual decline to 1.4627 billion kilograms, decreasing annually to 1.2631 billion kilograms by 2028. This represents a consistent decrease of about 3.51% year-on-year. The five-year compound annual growth rate (CAGR) reflects a negative trend, averaging at approximately -2.7%.
Future trends to watch for include:
- Potential shifts in agricultural policies affecting fertilizer demand.
- Advancements in technology that could alter production and imports.
- The impact of environmental regulations on chemical import practices.