The imports are projected to increase steadily from 29.751 million kilograms in 2024 to 34.302 million kilograms in 2028. Year-on-year variations are:
- 2024 to 2025: 3.95%
- 2025 to 2026: 3.72%
- 2026 to 2027: 3.51%
- 2027 to 2028: 3.33%
The compound annual growth rate (CAGR) for the period 2024-2028 is approximately 3.63%.
Future Trends to Watch
Future trends to monitor include global and regional demand for fertilizers, the price and availability of natural resources, and any regulatory changes that might impact the importation of natural calcium phosphates. Considering the steady growth pattern, efforts to optimize supply chains and ensure sustainable sourcing will be critical for maintaining this upward trend.
