The forecast for the import of urea, including the aqueous solution to Germany, shows a steady decline from 2024 to 2028, starting at $103.76 million in 2024 and decreasing to $86.526 million by 2028. This trend illustrates a consistent year-on-year decrease, highlighting a potential strategic shift in Germany's import strategy or changes in domestic production and demand.
Key figures include:
- 2024: $103.76 million
- 2025: $99.322 million (approximately 4.28% decrease from the previous year)
- 2026: $94.97 million (approximately 4.39% decrease)
- 2027: $90.705 million (approximately 4.48% decrease)
- 2028: $86.526 million (approximately 4.61% decrease)
Future trends to watch for include the impact of global fertilizer markets, shifts in agricultural practices towards more sustainable or alternative solutions, and potential regulatory changes impacting urea imports. Monitoring these factors could provide insights into the longer-term trends beyond 2028.