The forecast for the import of double salts and mixtures of calcium nitrate and ammonium nitrate to China shows a steady increase from 2024 to 2028. In 2023, the value stood at approximately $5.45 million. Year-on-year variation from 2024 to 2028 ranges from 0.87% to 0.80%, indicative of gradual increments annually. The compound annual growth rate (CAGR) from 2024 to 2028 is consistent with a moderate upward trajectory, demonstrating a positive market outlook.
Future trends to watch for include potential changes in agricultural policy in China, which could influence demand. Additionally, environmental regulations and advancements in fertilizer technology might impact the import dynamics of these chemical compounds.
