The forecast for the import of Ammonium Sulphate and its mixtures into India indicates a continuous upward trend from 2024 to 2028. Starting from 6.1598 million kilograms in 2024, the imports are expected to reach 7.3103 million kilograms by 2028. This shows an average annual growth rate (CAGR) over these five years. In comparison to 2023, the initial point of comparison is necessary to evaluate the actual year-on-year growth, which sets 2023 as a reference baseline.
Future trends to watch for include:
- Increasing agricultural demand driven by population growth and food security needs.
- Potential policy shifts in import duties and fertilization regulations.
- Environmental considerations impacting the usage and importation patterns.