In 2023, the re-import value of ammonia to Canada was not specified in the data provided, but moving forward, from 2024 the forecast indicates a consistent decline from 141.56 thousand USD to 102.32 thousand USD by 2028.
The year-on-year decrease is approximately 7% annually from 2024 to 2028. The compounded annual growth rate (CAGR) for the period from 2024 to 2028 shows a negative trend, reflecting a decrease in ammonia re-imports value by approximately 8% per year.
Future trends to watch for include potential impacts from global ammonia supply chain shifts, Canada's domestic production capacities, and regulatory changes affecting ammonia trade policies. These factors could significantly alter the projected decline.
