The import of mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilising substances to Brazil is forecasted to rise from $76.079 million in 2024 to $85.801 million by 2028. The year-on-year growth rates are estimated at approximately 3.3% from 2024 to 2025, 3.1% from 2025 to 2026, 3.0% from 2026 to 2027, and 2.8% from 2027 to 2028. This indicates a slight deceleration in growth annually. The compound annual growth rate (CAGR) over this five-year period is about 2.91%.
Future trends to watch for include:
- International trade policies impacting import dynamics.
- Fluctuations in global prices of raw materials used in the mixture.
- Potential shifts in domestic production capabilities in Brazil.
