The import of Ammonium Nitrate to Vietnam stood at 27.12 Million Kilograms in 2023. Forecasted data show a decreasing trend from 2024 to 2028. The year-on-year percentage variations are as follows:
- 2024: 24.08 Million Kilograms (-11.2%)
- 2025: 21.543 Million Kilograms (-10.5%)
- 2026: 19.058 Million Kilograms (-11.5%)
- 2027: 16.622 Million Kilograms (-12.8%)
- 2028: 14.235 Million Kilograms (-14.3%)
The compound annual growth rate (CAGR) from 2023 to 2028 is approximately -13.6%.
Future trends to watch for include changes in domestic production capacity, shifts in agricultural and industrial demand, and potential regulatory changes affecting importation of chemicals.
