Based on the forecasted data, the import of ammonia to Switzerland in value terms is expected to decrease steadily from 2024 to 2028. The expected imports are as follows: 4.2893 million USD in 2024, dropping to 3.9251 million USD by 2028. This represents a cumulative decline over the five-year period. In terms of year-on-year percentage variations, the data suggests a decreasing trend each subsequent year.
For the years 2023 to 2024, the variation was non-existent. From 2024 to 2025, the value declined by approximately 2.2%. Between 2025 and 2026, it further dropped by about 2.2%. From 2026 to 2027, the decline continued at an approximate rate of 2.2%, and a similar trend persisted from 2027 to 2028.
Monitoring these year-on-year changes reflects a consistent downward trend. The Compound Annual Growth Rate (CAGR) over the five years is negative, indicating a steady decrease in imports annually at an average rate.
Future trends to watch for include potential disruptions in global ammonia supply chains, changes in Switzerland's domestic ammonia production capacities, and fluctuations in demand within industries that heavily rely on ammonia imports. Additionally, any new trade policies or economic agreements may impact future import volumes and values.