The forecast for the re-import of ammonia in aqueous solution to Canada shows a consistent decline from 2024 to 2028, with values decreasing annually. In 2023, the volume was higher than the forecast for 2024.
Year-on-year variations indicate a percentage decrease from 2024 to 2028:
- From 2024 to 2025: approximately -6.25%
- From 2025 to 2026: approximately -6.76%
- From 2026 to 2027: approximately -7.15%
- From 2027 to 2028: approximately -7.57%
The compound annual growth rate (CAGR) for the period 2024-2028 is approximately -6.92%.
Future trends to watch for include potential changes in regulations affecting chemical imports, shifts in domestic production of ammonia, or evolving demand from industrial sectors, which might alter the current forecast trajectory.
