As of 2024, the nitrogen nutrient balance in the U.S. is forecasted to gradually decrease from 12.184 million metric tons in 2024 to 12.06 million metric tons in 2028. This represents a modest decline each year, with a consistent downward trend observed. The average annual compound growth rate (CAGR) over this five-year period shows a minor decrease, indicating a slight reduction in nitrogen surpluses year-on-year.
Future trends to watch for include:
- Innovations in agricultural practices that may influence nitrogen usage.
- Environmental policies aimed at nutrient management and reducing waterway pollution.
- Fluctuations in agricultural output affecting demand for nitrogen-based fertilizers.
- Technological advancements promoting more efficient nutrient application.