The forecast indicates a significant decline in Canada's import of ammonia in aqueous solution from 2024 to 2028. Starting at $201.48 thousand in 2024, the imports are projected to decrease to $57.49 thousand by 2028. Compared to the position in 2023, imports show a continual downward trend, reflecting a potential shift in demand or increased domestic production.

Year-on-year variations showcase a consistent annual decrease in import value, with notable drops each year. The cumulative average growth rate (CAGR) over this five-year forecast suggests a steady contraction in this market segment.

Future trends to watch for include:

Possible developments in domestic production capabilities that may influence the import requirements.
Environmental policies impacting demand for ammonia in treating water or industrial uses.
Changes in global supply chains that could affect shipping costs or availability.