The import of urea-ammonium nitrate mixes in solution to Canada is projected to increase steadily from 2024 through 2028. Starting at 85.969 million USD in 2024, the forecast shows a consistent annual rise, reaching 95.293 million USD by 2028. In 2023, the figure stood at slightly lower, reflecting a positive growth trend. Year-on-year variation reveals moderate growth rates around 2.5% annually. The compound annual growth rate (CAGR) over the forecasted period is approximately 2.63%.

Future trends to watch for include:

Changes in global fertilizer demand influenced by agricultural production patterns.
Alterations in trade policies or tariffs affecting import costs.
Advancements in alternative fertilizers that might impact demand.