Based on the provided forecast data, the import of ammonia to India is expected to show steady growth from 2024 to 2028. In 2023, the actual import value of ammonia stood at 926.87 million US dollars. The year-on-year variation in percentage indicates incremental growth: 1.30% in 2024, 1.29% in 2025, 1.26% in 2026, and 1.19% in 2027. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected at approximately 1.23%.

Future trends to watch for include:

Changes in global ammonia prices which could impact overall import costs.
Domestic production capabilities affecting the reliance on imports.
Government policies and tariffs that may influence import volumes and values.
Technological advancements in ammonia production that may reduce dependency on imports.