The re-import of urea, including aqueous solution to France, is forecasted to rise steadily from 6.51 million kilograms in 2024 to 7.06 million kilograms by 2028. In comparison to actual figures from 2023, this represents an anticipated growth trajectory with year-on-year percentage increases, highlighting a gradual upward trend. The compound annual growth rate (CAGR) over this 5-year forecast period reflects a consistent increase, signifying strong demand forces and potential market stability.
Future trends to watch include:
- Potential shifts in agricultural policies that could impact urea demand.
- Technological advancements in fertilizer use efficiency.
- Global supply chain dynamics affecting import cost and availability.