In 2023, the import of Ammonium Nitrate to Canada was less than the projected 84.69 million USD for 2024, representing a growing trend. Forecasted data indicates an upward trajectory from 2024 through 2028, with a steady increase in value from 86.699 million USD in 2025 to 92.491 million USD by 2028. Annually, the imports are expected to expand by around 2.4% year-on-year.

Key trends to watch for include:

Rising global demand for fertilizers, which could affect import volumes and values.
Potential trade policy changes impacting import costs.
Environmental regulations that might influence production and consumption patterns of ammonium nitrate.
Fluctuations in currency exchange rates affecting import costs and competitiveness.