In 2023, the import value of ammonia to Germany stood at 210 million US dollars. The forecast for the subsequent years indicates a consistent, albeit slight, decline in import values: 209.67 million in 2024, 209.31 million in 2025, 208.95 million in 2026, 208.6 million in 2027, and finally 208.25 million US dollars in 2028.
Year-on-year variation:- 2024: -0.16%- 2025: -0.18%- 2026: -0.17%- 2027: -0.17%- 2028: -0.17%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately -0.16%, indicating a gradual reduction in ammonia import value.
Future trends to watch for:- Potential shifts in global ammonia production and supply chains.- Impact of environmental regulations and policies on ammonia use.- Technological advancements in ammonia production and alternatives.- Market demand fluctuations in key industries such as agriculture and chemicals.
