Forecast: Import of Ammonium Sulphate, Double Salts and Mixtures of Ammonium Sulphate and Ammonium Nitrate to Japan

The import of ammonium sulphate, double salts, and mixtures of ammonium sulphate and ammonium nitrate to Japan is experiencing a steady increase. As of 2023, the actual import value stood at approximately USD 1.5 million. Forecasts for the coming years show a consistent year-on-year growth, with expectations to reach approximately USD 1.85 million by 2028. This indicates a compound annual growth rate (CAGR) of about 4% over the five-year forecast period starting in 2024.

Looking ahead, several trends warrant attention:

  • The increasing demand for agrochemical inputs in Japan, driven by its agricultural sector's need to enhance productivity and meet food security demands.
  • Potential policy changes on both local and global scales could influence import restrictions, regulatory changes, and trade agreements affecting supply chains.
  • Technological advancements and environmental considerations may impact the preferred types and compositions of fertilizers, affecting import dynamics.

Top Countries about Inorganic Fertilizer