The import of double salts and mixtures of calcium nitrate and ammonium nitrate to Canada in 2023 stood at a similar range as the forecasted start in 2024, indicating a stable demand. The forecast depicts a gradual increase of approximately 2% per year from 2024 to 2028, demonstrating steady growth. This trend can indicate robust agricultural or industrial demand for these chemicals in Canada.
In terms of long-term trends, key factors to watch include changes in agricultural practices, government policies on fertilizer imports, and any shifts in domestic production capabilities. Additionally, environmental regulations and alternative technologies can significantly impact the future demand and supply dynamics in this sector.
