In 2023, the import of urea including aqueous solution to Canada stood at approximately "256.55" million US dollars. The forecast for the upcoming years shows a gradual increase, with slight year-on-year growth rates: from "257.46" million USD in 2024 to "261.05" million USD in 2028. The calculated Compound Annual Growth Rate (CAGR) is expected to remain positive over this five-year period, reflecting steady demand for urea imports.

Future trends to watch for include:

Global market price fluctuations of urea and potential impact on import costs.
Canada's agricultural demand, which heavily influences urea requirements.
International trade policies that could affect import dynamics.
Developments in sustainable and alternative fertilizers that might alter urea demand.