In 2023, the re-import of ammonia in aqueous solution to Canada was approximately $2.56 thousand USD. Forecasts from 2024 to 2028 show a declining trend, with values dropping from $2.49 to $2.24 thousand USD. This represents a consistent year-on-year decrease, with an estimated compound annual growth rate (CAGR) of -2.12% over the next five years, indicating a slow but steady drop in re-import values.

Future trends to watch for:

Potential shifts in Canada’s domestic production capacity for ammonia, influencing import needs.
International market fluctuations affecting import prices and supply chain stability.
Environmental regulations and sustainable practices possibly impacting demand and sourcing within the chemical industry.