Forecast: Import of Double Salts and Mixtures of Calcium Nitrate and Ammonium Nitrate to India

The forecasted import of double salts and mixtures of calcium nitrate and ammonium nitrate to India shows a consistent year-on-year increase from 2024 to 2028. With the 2023 figure serving as a baseline, the data indicates incremental growth: an increase from 149.02 million kilograms in 2024 to 176.84 million kilograms by 2028. This represents a compound annual growth rate (CAGR) over the five-year period. Such steady growth suggests robust demand driven by India's agriculture sector.

Future trends to watch for include:

  • Potential environmental regulations affecting the use and importation of chemical fertilizers.
  • Developments in domestic production capabilities that might influence import levels.
  • Geopolitical factors impacting trade agreements and cost of raw materials.
  • Technological advancements in fertilizer composition enhancing efficiency and reducing demand for imports.

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