In 2023, Brazil's import of mixtures of ammonium nitrate with calcium carbonate or other inorganic non-fertilizing substances stood at 398.5 million kilograms. Forecasted data projects steady growth over the next five years, with imports expected to increase from 412.61 million kilograms in 2024 to 473.74 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.5% from 2024 to 2028.
Year-on-year variations suggest a consistent upward trend:
- 2024: 3.5% increase
- 2025: 3.8% increase
- 2026: 3.6% increase
- 2027: 3.4% increase
- 2028: 3.2% increase
Future trends to watch include the impact of Brazil's agricultural expansion on import demands, potential regulations on chemical fertilizers, and shifts towards sustainable agricultural practices. The combination of these factors could influence the import dynamics significantly.
