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.

Urea rose to 435 USD/T on July 11, 2025, up 3.57% from the previous day. Over the past month, Urea's price has risen 20.50%, and is up 38.76% compared to the same time last year, 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.

In February 2025, the average urea export price amounted to $178 per ton, which is down by -18.1% against the previous month.

In 2024, the Chinese urea market decreased by -20.5% to $2.9B, falling for the second consecutive year after two years of growth. Overall, consumption recorded a relatively flat trend pattern. Urea consumption peaked at $5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

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 article discusses the increasing demand for urea resins and thiourea resins in primary forms in China, leading to an expected upward consumption trend over the next decade. Market performance is projected to expand with a CAGR of +0.3% in volume terms and +0.5% in value terms from 2024 to 2035, reaching 6.2M tons and $5.9B respectively by the end of 2035.

226 Global import shipment records of Urea Prill with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global urea market, valued at $117.85 billion in 2025, is poised for significant growth. While the exact CAGR is not provided, considering the widespread agricultural application of urea and the increasing global population demanding more food, a conservative estimate of 4% annual growth is reasonable, considering recent market trends and projections for fertilizer demand. This would place the market size at approximately $156 billion by 2033. Key drivers include rising global food demand, intensifying agricultural practices requiring higher fertilizer input, and the increasing use of urea in industrial applications like resins and pharmaceuticals. However, fluctuating energy prices (a significant input cost in urea production) and the increasing adoption of alternative nitrogen fertilizers pose considerable restraints. The market is segmented by type (granular and prilled urea) and application (agriculture and industrial), with agriculture dominating the consumption. Granular urea, offering ease of application and storage, currently holds a larger market share compared to prilled urea. Regional analysis reveals strong growth in Asia-Pacific, driven by large-scale farming practices in countries like India and China, while North America and Europe maintain significant market presence due to established agricultural infrastructure. The competitive landscape is dominated by global giants like Yara, CF Industries, and Nutrien, alongside several prominent Chinese manufacturers. These players are constantly innovating to improve production efficiency, reduce environmental impact, and develop sustainable urea solutions. The future of the urea market is influenced by factors such as government policies promoting sustainable agriculture, technological advancements in fertilizer efficiency, and the ongoing geopolitical landscape affecting energy and commodity prices. Companies are investing in research and development to enhance fertilizer efficiency, reducing the environmental footprint of urea production and increasing the value proposition for farmers. A focus on optimizing fertilizer application techniques, improving crop yields, and fostering collaborations across the value chain will be crucial in driving market expansion in the forecast period (2025-2033). The increasing demand for higher-quality, controlled-release urea formulations represents a significant opportunity for growth.

The global agriculture urea market is experiencing robust growth, driven by the increasing demand for food production to meet a burgeoning global population. While precise figures for market size and CAGR are not provided, we can reasonably infer substantial growth based on industry trends. Considering the significant role urea plays as a primary nitrogen fertilizer, coupled with rising agricultural activity worldwide, a market size exceeding $50 billion in 2025 and a CAGR above 5% for the forecast period (2025-2033) are plausible estimations. This growth is further fueled by advancements in fertilizer technology, leading to more efficient urea utilization and reduced environmental impact. Key market segments include granular and prilled urea, with fertilizer application dominating, although animal feed additive usage is also contributing to market expansion. The market faces constraints such as fluctuating energy prices (a key input in urea production), government regulations concerning environmental sustainability, and the potential for geopolitical instability impacting supply chains. Major players, including Yara, CF Industries, and Nutrien, are strategically investing in capacity expansion and technological innovation to maintain market share and capitalize on growth opportunities. The regional distribution of the agriculture urea market reflects global agricultural patterns. Asia-Pacific, particularly China and India, represent significant markets due to their large agricultural sectors and expanding fertilizer demands. North America and Europe maintain considerable market shares, albeit with slower growth rates compared to Asia-Pacific. Middle East & Africa and South America also contribute significantly, with growth driven by factors such as increasing investment in agricultural infrastructure and government support for food security initiatives. However, regional disparities persist, influenced by factors such as varying levels of agricultural modernization, economic development, and climate conditions. The competitive landscape is marked by both established multinational corporations and regional players, creating a dynamic environment shaped by pricing strategies, technological advancements, and regulatory compliance.

For the third year in a row, the Chinese urea and thiourea resins market recorded decline in sales value, which decreased by -7.9% to $5.6B in 2024. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $7.2B. From 2022 to 2024, the growth of the market failed to regain momentum.

Russia is the largest exporter of urea with net exports of around 7500 kilo tons in 2023. China is the second largest exporter with net exports of more than 5300 kilotons in 2023. Brazil is the largest importer with more than 7500 kilo tons imports in 2023.

The global market for Technical Grade Urea is a substantial and dynamic sector, exhibiting consistent growth. While the precise CAGR is unavailable, considering the market size of $84,500 million in 2025 and the typical growth trajectory of the fertilizer industry, a conservative estimate of the Compound Annual Growth Rate (CAGR) between 2025 and 2033 would be around 4-6%. This suggests a significant expansion of the market, driven by several factors. The increasing demand for efficient and cost-effective fertilizers in agriculture, particularly in developing economies experiencing rapid population growth and agricultural intensification, is a key driver. Furthermore, advancements in urea production technologies leading to higher efficiency and lower environmental impact are contributing to market growth. The rising awareness of sustainable agricultural practices and the need for optimized nutrient management also fuels demand for high-quality technical grade urea. However, potential restraints include fluctuations in raw material prices (natural gas being a primary feedstock), governmental regulations concerning fertilizer usage and environmental protection, and competition from alternative nitrogen fertilizers. Major players in the Technical Grade Urea market are strategically positioning themselves to capitalize on these trends. Companies like Yara International, CF Industries, and Nutrien are leveraging their established distribution networks and technological expertise to maintain market share and expand into new regions. Meanwhile, Chinese producers such as China National Petroleum Corporation and Shanxi Tianze are actively increasing their production capacity to meet growing global demand. The competitive landscape is characterized by both intense competition and collaborative efforts among companies focusing on technological innovation, sustainability, and efficient supply chain management. This dynamic market necessitates a keen understanding of emerging trends, technological advancements, and regulatory changes for successful participation and profitability.

The global polypeptide-containing urea market is experiencing robust growth, driven by increasing demand for high-efficiency nitrogen fertilizers in agriculture. The market, estimated at $2.5 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the rising global population necessitates increased food production, leading to higher fertilizer consumption. Secondly, the superior nitrogen utilization efficiency of polypeptide-containing urea compared to conventional urea translates to cost savings and reduced environmental impact, making it an attractive option for farmers. Furthermore, advancements in production technology are enhancing the availability and affordability of this specialized fertilizer. The crop application segment dominates the market, followed by orchards and other applications. Geographically, the Asia-Pacific region, particularly China and India, is expected to lead the market due to extensive agricultural activities and rising fertilizer demand. However, stringent environmental regulations in some regions pose a potential restraint on market expansion. Key players like Yara, Koch, and several Chinese manufacturers are actively investing in research and development to improve product quality and expand their market share. The market segmentation highlights a preference for higher nitrogen content grades, with Total Nitrogen ≥ 46% and above commanding significant portions of the market. Competition is intense among established players and emerging manufacturers, pushing innovation and pricing strategies. While North America and Europe hold considerable market share, the rapid growth in developing economies of Asia-Pacific and parts of Africa and South America present lucrative opportunities for expansion. The ongoing trend towards sustainable agriculture practices further enhances the market outlook for polypeptide-containing urea, as its efficient nitrogen delivery reduces nitrogen runoff and environmental pollution. The forecast period of 2025-2033 suggests continued expansion, fueled by these factors, despite potential challenges related to raw material costs and regulatory changes.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

1543 Global export shipment records of Urea 46 with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

1129 Global export shipment records of Agriculture Urea with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

In December 2023, the price of urea-formaldehyde resin in the USA reached 688 USD/MT. In China, the price trend for urea-formaldehyde resin settled at 627 USD/MT in December 2023. The price of urea-formaldehyde resin in Germany touched 634 USD/MT by the end of December 2023.

Technical Urea Market Outlook

The global technical urea market size is projected to grow from USD 5.6 billion in 2023 to USD 8.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.4% during the forecast period. This growth is primarily driven by the increasing demand for urea in diverse industrial applications, particularly in the agriculture and automotive sectors. The market is witnessing significant expansion due to the rising global population and the corresponding increase in food demand, which necessitates enhanced agricultural productivity. Furthermore, the automotive industry's shift towards reducing emissions through the use of urea-based solutions is another pivotal growth factor.

One of the primary growth factors of the technical urea market is its extensive application in agriculture as a key nitrogen-releasing fertilizer. With the global population surging, the demand for food is escalating, which in turn drives the need for effective fertilizers. Urea, being a cost-effective and efficient nitrogen source, is extensively used to enhance crop yields. Additionally, advancements in farming techniques and the adoption of precision agriculture further fuel the demand for high-quality fertilizers, thereby bolstering the technical urea market. Governments and agricultural bodies worldwide are also emphasizing sustainable farming practices, which are likely to augment the demand for urea in the coming years.

In the automotive industry, technical urea plays a crucial role in emission control systems, particularly in diesel engines. The automotive sector is undergoing a significant transformation with stringent environmental regulations being enforced across the globe to curb emissions. Urea is utilized in selective catalytic reduction (SCR) systems to reduce nitrogen oxide emissions from diesel vehicles. This has driven substantial demand for technical grade urea, as manufacturers and consumers alike strive for compliance with environmental standards. As the global focus on reducing carbon footprints intensifies, the adoption of urea-based solutions in the automotive industry is anticipated to grow, providing a robust impetus to the market.

The chemical industry also represents a significant avenue for the growth of the technical urea market. Urea is a fundamental feedstock for the production of various chemicals, including resins, adhesives, and pharmaceuticals. The ongoing industrialization and urbanization across developing countries are enhancing the demand for these chemicals, thereby propelling the demand for urea. Furthermore, research and development activities aimed at discovering new applications of urea, such as in bio-based chemical production, are likely to open up new growth opportunities for the market. The versatility of urea as a chemical feedstock ensures its continued demand across several industrial sectors.

Urea Strippers are a critical component in the urea production process, particularly in the synthesis and purification stages. These devices are used to remove unreacted ammonia and carbon dioxide from the urea solution, ensuring the purity and quality of the final product. The efficiency of urea strippers directly impacts the overall production cost and environmental footprint of urea manufacturing plants. With advancements in technology, modern urea strippers are designed to enhance energy efficiency and reduce emissions, aligning with the industry's shift towards sustainable practices. As the demand for urea continues to rise, the role of urea strippers in optimizing production processes becomes increasingly vital, offering significant opportunities for innovation and improvement in the technical urea market.

Regionally, the Asia Pacific holds a dominant position in the technical urea market, driven by the region's burgeoning agricultural sector and the rapid industrialization in countries such as China and India. The demand for urea in agriculture to ensure food security for the large population base is a significant growth driver. Moreover, the automotive industry's expansion in this region, coupled with increasing regulatory pressures to adopt emission-reducing technologies, further augments the market growth. North America and Europe are also significant markets, with substantial investments in sustainable agriculture and emission control technologies. The technical urea market in these regions is expected to witness steady growth, supported by innovative applications and stringent environmental regulations.

Grade

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The article discusses the growing demand for urea resins and thiourea resins in primary forms in China, with market consumption expected to increase over the next decade. The market is projected to expand with a CAGR of +0.3% in volume terms and +0.5% in value terms, reaching 6.2M tons and $5.9B respectively by 2035.