In 2023, Canada's import of ammonium sulphate, double salts, and mixtures of ammonium sulphate and ammonium nitrate was valued at approximately 8.37 million USD. From 2024 onwards, a gradual upward trend is observed with forecasted imports reaching 9.4753 million USD by 2028. The year-on-year percentage increase highlights stability, with an average annual increase of about 2.5% over the projected years.
Key Factors and Future Trends to Watch For:
- Environmental regulations influencing domestic production and therefore import demand.
- Shifts in agricultural policies impacting fertilizer usage.
- Global supply chain dynamics affecting pricing and availability.
- Technological advances in agriculture altering ammonium-based fertilizer consumption.