The import of ammonia in aqueous solution to China saw significant growth from 2013 to 2023, peaking at USD 12.646 million in 2023. Over these years, the market exhibited notable volatility, with a 43.93% year-on-year increase in 2018 being particularly significant. This growth fluctuated but showed a stabilizing trend with an average annual increase (CAGR) of 15.29% from 2017 to 2021. The recent years' average variation per year was more moderate, with a 3.06% increase from 2022 to 2023.

Future trends to watch:

From 2024 to 2028, the forecasted CAGR is 2.93%.
Projected growth rate over the next 5 years is 15.56%, suggesting a steady but slower growth compared to the past decade.
Market stability and potential factors impacting demand, such as economic policies and industrial usage changes.