In 2023, China's import of ammonia in aqueous solution stood at 11.49 million kilograms. The forecast for 2024 to 2028 shows a steady annual increase in imports, reaching 13.913 million kilograms by 2028. Year-on-year increases reflect a consistent growth pattern: 4.25% in 2025, 3.98% in 2026, 3.75% in 2027, and 3.55% in 2028. The compound annual growth rate (CAGR) for the period stands at approximately 3.98%.
Future trends to watch for:
- Potential changes in Chinese industrial demand for ammonia-based products and their impact on imports.
- Global supply chain developments, including potential disruptions and pricing shifts.
- Policy shifts in China affecting chemical imports and environmental regulations.