The forecasted import value of ammonia to South Africa shows a continuous decline from 2024 to 2028. In 2023, the actual import value stood at 38.036 million USD. Comparing year-on-year variation, the values are as follows: -0.37% (2024-2025), -0.37% (2025-2026), -0.37% (2026-2027), and -0.36% (2027-2028). The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 indicates an average annual decrease of approximately -0.36%.

Future trends to watch for:

Potential shifts in global ammonia production and supply chains impacting import prices.
Economic factors within South Africa that may influence industrial demand for ammonia.
Policy changes regarding the import of chemicals and strategic positioning within the region.
Technological advancements in ammonia production or alternative materials reducing import dependency.