Forecast: Import of Ammonium Dihydrogenorthophosphate (Monoammonium Phosphate) to Canada

The import value of Ammonium Dihydrogenorthophosphate (Monoammonium Phosphate) to Canada is forecasted as $654.02 million for 2024, increasing incrementally to $738.78 million by 2028. In 2023, the import value stood at a lower level than 2024, indicating consistent growth. The year-on-year percentage increase is approximately 3.34%. Over five years, the compound annual growth rate (CAGR) is projected to be approximately 3.08%, indicating a stable growth trend in imports.

Future trends to watch:

• The impact of global agricultural demand on mineral fertilizer imports.
• Trade policy changes and their implications on import patterns.
• Potential shifts in domestic production capacities and preferences for sustainable technologies.