Forecast: Import of Urea Including Aqueous Solution to Japan

From 2023 to 2024, Japan's import of urea including its aqueous solution is projected to increase, indicating a consistent upward trend over the following years until 2028. This growth reflects an ongoing demand for urea, likely supported by agricultural and industrial needs. Year-on-year, the imports are expected to rise steadily, with an average annual growth rate of approximately 2.6% over the five-year period.

Future trends to watch for include:

  • Potential impacts of global market prices on import volumes.
  • Technological advancements or changes in agricultural practices that could alter urea demand.
  • Regulatory changes affecting import policies or environmental considerations.

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