The forecast for Chemical and Fertilizer Minerals imports to Switzerland between 2024 and 2028 shows a slight and consistent decline. In 2023, the import volume was 362.3 thousand metric tons. For 2024, the projected volume is 362.2 thousand metric tons, indicating a 0.03% decline year-on-year. By 2028, imports are expected to further decrease to 362.03 thousand metric tons, marking an average annual decline of approximately 0.01% (CAGR) over the five-year period. The year-on-year variations highlight a gradual reduction, with the most significant being the 0.05% decrease from 2027 to 2028.
Future trends to watch for include:
- Global supply chain disruptions: Any issues with production or transportation could further impact import volumes.- Environmental regulations: Stricter policies might reduce the need for fertilizers, thus impacting import volumes.- Technological advancements: Innovations in agricultural practices could either reduce or increase the dependency on imported minerals.
