The import of ammonium nitrate to Brazil is forecasted to decline gradually from 219.62 million USD in 2024 to 214.8 million USD in 2028. This forecast indicates a consistent year-on-year decrease. The year-on-year variation from 2024 to 2025 shows a drop of approximately 0.57%, from 2025 to 2026 is around 0.56%, from 2026 to 2027 is about 0.55%, and from 2027 to 2028 is approximately 0.54%. Over the last two years, this suggests a downward trend but at a slow-paced rate. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is around -0.56%, suggesting a slight decline in imports every year.
Future trends to watch for include changes in agricultural policies, global supply chain disruptions, and shifts in domestic production capabilities that could impact import levels. Additionally, fluctuations in global fertilizer prices and economic conditions within Brazil could further influence these forecasts.
