Analyzing nitrogen fertilizer production in China reveals notable trends. In 2023, production stood at 37.2 million metric tons. From 2013 to 2023, annual changes fluctuated, with significant declines in certain years such as 2016 and 2017, and modest gains in others like 2015 and 2020. The compound annual growth rate (CAGR) over the last five years until 2023 showed an average annual decrease of 0.27%, reflecting a generally declining trend.
Looking forward from 2024 to 2028, production is forecasted to continue its decline with a CAGR of -0.57%. Factors to monitor include advancements in agricultural technologies, regulatory policies, and shifts towards sustainable farming practices which may impact future production trends.
