In 2023, Canada's import of Urea-Ammonium Nitrate (UAN) mixes in solution stood at a significant volume. Forecasts indicate a steady increase from 473.39 million kilograms in 2024 to 547.82 million kilograms by 2028. This consistent rise suggests robust demand and reliance on UAN imports, with year-on-year growth visible each year. The compound annual growth rate (CAGR) over these five years reflects a moderate but steady positive trend.
Future trends to watch for include potential changes in global trade policies, advancements in agricultural technology affecting fertilizer efficiency, and environmental regulations which may impact the import volumes and strategies in Canada.
