Urea rose to 445 USD/T on July 21, 2025, up 1.14% from the previous day. Over the past month, Urea's price has fallen 0.56%, but it is still 41.95% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urea.

Urea prices in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 171.18 USD per metric ton with a minimum of 16 USD per metric ton in January 1971 and a maximum of 925 USD per metric ton in April 2022. | TheGlobalEconomy.com

The price of urea stood at 358 U.S. dollars per metric ton in 2023, the highest value in the period investigated. The price of this commodity was forecast to decrease in the following year, to then drop annually to amount to 325 dollars per ton in 2025.

In Q1 2025, the Urea prices in the USA saw a steady upward trend, driven by tight supply and strong seasonal demand. Despite volatility in Ammonia feedstock costs, prices stayed elevated due to production cuts from extreme winter weather. Force majeure declarations by key producers like OCI Beaumont LLC and CF Industries, along with freight disruptions, limited domestic availability. Agricultural demand also picked up as farmers stockpiled ahead of spring planting, especially for crops such as rice and sorghum.

Get the latest insights on price movement and trend analysis of Urea in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Urea prices in China fell from $360/T in Dec 2023 to $255/T in Dec 2024. Get 2025 forecast, trends & insights from Expert Market Research.

The average retail price of granular urea amounted to about 1,581 Philippine pesos per 50 kilogram bag as of December 2024. The average retail price of urea peaked in 2021 and 2022.

China Retail Price: Agri Material: Urea, N 46%: Domestic Made data was reported at 2.250 RMB/kg in Mar 2025. This records a decrease from the previous number of 2.290 RMB/kg for Feb 2025. China Retail Price: Agri Material: Urea, N 46%: Domestic Made data is updated monthly, averaging 2.110 RMB/kg from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 3.350 RMB/kg in Jun 2022 and a record low of 1.620 RMB/kg in Oct 2016. China Retail Price: Agri Material: Urea, N 46%: Domestic Made data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: Retail Price: Agricultural Material.

In 2023, the amount of urea exported from Russia surged to 7.5M tons, rising by 19% compared with 2022.

Number of observations collected for urea prices, number of observations of non-subsidized urea, number of observations after removing outliers (n) and number of observations after aggregating by household (values between parenthesis), and the percent of outliers detected (%) for each data source.

The global agriculture urea market is experiencing robust growth, driven by the increasing demand for food and feed worldwide. The market, valued at approximately $80 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This expansion is fueled primarily by the rising global population, necessitating increased agricultural production to meet food security needs. The growing adoption of modern farming techniques, which often involve higher fertilizer application rates, also contributes significantly to market growth. Furthermore, the increasing use of urea as an animal feed additive, particularly in livestock farming, is bolstering market demand. Granular urea continues to dominate the market due to its ease of handling and application, although prilled urea maintains a significant share due to its lower production costs. Geographical segmentation reveals strong growth across several regions. Asia-Pacific, particularly China and India, represents a major market due to its vast agricultural sector and expanding livestock industry. North America and Europe also contribute significantly, although their growth rates might be slightly lower compared to the dynamic Asian markets. However, factors such as fluctuating raw material prices, stringent environmental regulations concerning nitrogen emissions, and the potential for alternative nitrogen fertilizers pose challenges to sustained market growth. Nevertheless, the overall outlook for the agriculture urea market remains positive, propelled by the ongoing need for enhanced agricultural productivity to feed a growing global population. Further research into sustainable urea production methods and efficient application techniques will be crucial in mitigating environmental concerns and supporting long-term market expansion. This comprehensive report provides an in-depth analysis of the global agriculture urea market, valued at approximately $70 billion in 2023. It examines key trends, growth drivers, challenges, and opportunities, offering valuable insights for industry stakeholders. The report features detailed segmentations by type, application, and geographic region, providing a granular understanding of market dynamics. Keywords: Urea fertilizer, granular urea, prilled urea, agriculture urea market, nitrogen fertilizer, urea price, urea production, urea demand, fertilizer industry.

Explore the complex factors driving urea fertilizer prices, including supply and demand dynamics, energy costs, geopolitical influences, and regulatory changes, impacting farmers and global crop production.

Retail Price: Fertilizer: Urea: Philippines data was reported at 1,075.864 PHP/50 kg in Oct 2018. This records an increase from the previous number of 1,055.360 PHP/50 kg for Sep 2018. Retail Price: Fertilizer: Urea: Philippines data is updated monthly, averaging 1,032.125 PHP/50 kg from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 1,933.350 PHP/50 kg in Sep 2008 and a record low of 879.000 PHP/50 kg in Feb 2006. Retail Price: Fertilizer: Urea: Philippines data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P002: Retail Price: Fertilizers.

Indonesia Wholesale Price Index: Manufacturing: Fertilizer: Urea data was reported at 163.780 2000=100 in Dec 2008. This records an increase from the previous number of 162.870 2000=100 for Nov 2008. Indonesia Wholesale Price Index: Manufacturing: Fertilizer: Urea data is updated monthly, averaging 108.985 2000=100 from Jan 2000 (Median) to Dec 2008, with 108 observations. The data reached an all-time high of 163.780 2000=100 in Dec 2008 and a record low of 98.560 2000=100 in Apr 2000. Indonesia Wholesale Price Index: Manufacturing: Fertilizer: Urea data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB004: Wholesale Price Index: by Sector: Manufacturing.

Global fertilizer prices experienced significant volatility in 2022, with diammonium phosphate (DAP) reaching a peak of *** U.S. dollars per metric ton in April before declining to *** U.S. dollars by December. In the lead up to the Russian invasion of Ukraine, urea fertilizer prices more than doubled from September to November 2021.

Australia Farm Inputs Price: Fertiliser: Urea data was reported at 405.360 AUD/Ton in 2019. This records a decrease from the previous number of 414.625 AUD/Ton for 2018. Australia Farm Inputs Price: Fertiliser: Urea data is updated yearly, averaging 216.527 AUD/Ton from Jun 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 585.244 AUD/Ton in 2008 and a record low of 81.000 AUD/Ton in 1972. Australia Farm Inputs Price: Fertiliser: Urea data remains active status in CEIC and is reported by Australian Bureau of Agricultural and Resource Economics and Sciences. The data is categorized under Global Database’s Australia – Table AU.P002: Agricultural Commodity Prices.

The average urea import price stood at $397 per ton in April 2025, surging by 4.5% against the previous month.

During Q1 2025, the North American Urea Ammonium Nitrate (UAN) market recorded a modest yet consistent price increase, primarily driven by seasonal demand and new tariff measures. In January, prices edged up despite muted demand and low freight rates, as strong import flows and expectations of high tariffs spurred early market activity. The tariff imposition in early February reduced import volumes and raised costs, tightening overall supply. Concurrently, severe winter storms disrupt transportation networks and curtail production due to freezing conditions and operational halts, especially in key manufacturing regions.

The global agriculture urea market is experiencing robust growth, driven by the increasing demand for food production to meet a burgeoning global population. The market's expansion is fueled by rising fertilizer consumption, particularly in developing economies with expanding agricultural sectors. While granular urea currently holds a larger market share due to its established usage and ease of application, prilled urea is gaining traction due to its improved handling and reduced dust formation. Key players like Yara, CF Industries, and Nutrien are strategically investing in production capacity expansions and technological advancements to cater to this growing demand and optimize their supply chains. Regional variations exist, with Asia Pacific, specifically China and India, representing significant market shares due to intensive agricultural practices and large-scale farming operations. North America and Europe also contribute substantially, although growth rates may be comparatively slower due to market saturation and a focus on sustainable agricultural practices. However, factors like fluctuating raw material prices (natural gas being a key input), governmental regulations promoting sustainable farming techniques, and potential environmental concerns related to urea application are likely to influence market growth in the coming years. The market is expected to witness a competitive landscape with mergers, acquisitions, and technological innovations shaping the industry's trajectory. The forecast period (2025-2033) anticipates continued growth, albeit at a potentially moderated pace compared to previous years. This moderation could be attributed to the aforementioned constraints. Nevertheless, the overall market outlook remains positive, given the long-term reliance on urea as a crucial nitrogen fertilizer for crop production. Continued innovation in fertilizer technology, including the development of slow-release urea formulations and precision application methods, will play a crucial role in shaping market dynamics and fostering sustainable agricultural practices. The competitive landscape will remain highly dynamic, with established players continuing to expand their market presence and new entrants striving for market share through strategic partnerships and technological breakthroughs. Long-term growth will depend on balancing the need for food production with environmental sustainability.

This dataset includes price spreads (Cornbelt price minus New Orleans, LA price) measured in dollars per ton. New Orleans is a key fertilizer-pricing hub, and the Cornbelt is a large user of fertilizer due to the region's substantial row crop production. The price spread (Cornbelt minus New Orleans) can reflect transportation costs and other local supply and demand factors.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Cornbelt states include Ohio, Indiana, Illinois, Iowa, Missouri, and Nebraska.

The monthly average prices are derived from weekly reports with permission from Green Markets, a Bloomberg Company.