The import of Ammonium Sulphate to Mexico is projected to increase steadily from 400.59 million kilograms in 2024 to 456.52 million kilograms in 2028. This forecast indicates a consistent upward trend. In 2023, imports stood at 391.53 million kilograms, showcasing a year-on-year increase of 2.3% in 2024. The compound annual growth rate (CAGR) over the next five years (2024-2028) is approximately 3.3%, demonstrating a moderate, yet consistent growth trajectory.
Future trends to watch for include:
• Changes in global supply chains and trade policies that may affect import volumes.
• Agricultural demand within Mexico that could drive fluctuations in import requirements.
• Environmental regulations that may impact the production and usage of ammonium sulphate.
• Price volatility of ammonium sulphate in the global market.
