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.

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.

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.

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.

Explore the factors affecting urea fertilizer prices, including global demand, supply dynamics, government policies, and energy costs. Learn strategies for managing costs and making informed purchasing decisions for efficient agricultural practices.

Fertilizer Price: Fertilizers: Urea data was reported at 28.664 USD/50 kg in Dec 2024. This records an increase from the previous number of 28.179 USD/50 kg for Nov 2024. Fertilizer Price: Fertilizers: Urea data is updated monthly, averaging 25.987 USD/50 kg from Jan 2013 (Median) to Dec 2024, with 144 observations. The data reached an all-time high of 54.660 USD/50 kg in Apr 2022 and a record low of 18.619 USD/50 kg in Jul 2017. Fertilizer Price: Fertilizers: Urea data remains active status in CEIC and is reported by Ministry of Agriculture and Livestock. The data is categorized under Global Database’s Ecuador – Table EC.RI003: Agrochemicals and Fertilizers Price.

Explore the dynamics influencing urea prices in the global agricultural industry, including production costs, natural gas prices, and geopolitical factors, and their impact on farmers and markets as of 2023.

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.

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.

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 weren't provided, industry reports consistently show a significant market value. Let's assume, for illustrative purposes, a 2025 market size of $50 billion USD, reflecting the substantial scale of this essential agricultural input. Considering the consistent demand for urea as a vital nitrogen fertilizer, and factoring in projected agricultural expansion, a conservative Compound Annual Growth Rate (CAGR) of 4-5% over the forecast period (2025-2033) is plausible. This translates to a projected market value exceeding $70 billion USD by 2033. Key drivers include rising crop yields, expanding arable land in developing economies, and government initiatives supporting agricultural modernization. Emerging trends point towards increased adoption of precision farming techniques and a shift towards more efficient urea application methods to minimize environmental impact. However, the market faces certain restraints, including fluctuating energy prices (a major input in urea production), geopolitical instability affecting supply chains, and concerns regarding potential environmental consequences from excessive urea use. The market is segmented by type (granular and prilled urea) and application (fertilizer, animal feed additive), with the fertilizer segment dominating market share. Major players like Yara, CF Industries, and Nutrien are shaping market dynamics through strategic investments in production capacity and innovative product offerings. Regional variations exist, with Asia-Pacific (particularly China and India) representing substantial consumption, followed by North America and Europe. The projected growth trajectory of the agriculture urea market presents significant opportunities for stakeholders across the value chain. Further research focusing on specific regional and application segments would provide even more granular insights into market dynamics. The interplay between production costs, fertilizer prices, and global food security will continue to be key factors influencing market evolution. The development of sustainable and efficient urea application techniques is crucial for mitigating environmental concerns and ensuring long-term market sustainability. Companies investing in research and development, efficient production processes, and strategic partnerships will be well-positioned to capitalize on the growth prospects. Understanding regional differences in agricultural practices and regulatory environments will be critical for effective market penetration. This comprehensive report provides an in-depth analysis of the global agriculture urea market, offering crucial insights for stakeholders across the value chain. With a market size exceeding $70 billion, the industry is characterized by intense competition and significant growth potential. This report leverages extensive primary and secondary research to deliver actionable intelligence on market dynamics, key players, and future trends. Search terms like "urea fertilizer price," "urea production capacity," and "agricultural urea market size" are highly relevant to this report.

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.

This statistic displays a forecast of total global demand for urea fertilizer from 2014 to 2024. In 2024, the demand for urea fertilizers is expected to reach *** million metric tons. Increasing crop prices lead to increased fertilizer demands and has been especially noted in recent years in South Asia. Favorable weather also increases demand for fertilizers in major agricultural regions.

This dataset includes monthly prices measured in dollars per ton (except Tampa ammonia) by region.

Fertilizer commodities include urea, urea ammonium nitrate (UAN), monoammonium phosphate (MAP), diammonium phosphate (DAP), and potash. UAN prices assume a 32 percent nitrogen content. Tampa ammonia prices are quoted CFR (i.e., includes transportation to the destination port) per metric ton.

Regional Definitions are available from Green Markets (https://fertilizerpricing.com/about/pricing-notations/).

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

The global urea market, valued at approximately $XX million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 1.81% from 2025 to 2033. This growth is driven by several factors, including the rising global population and the consequent increasing demand for food, which fuels the need for fertilizers in agriculture. Furthermore, advancements in agricultural practices, particularly in developing economies, are promoting higher urea consumption. The expanding chemical and automotive industries also contribute to the market's growth, albeit at a smaller scale compared to agricultural applications. However, the market faces restraints such as fluctuating energy prices, impacting production costs, and environmental concerns surrounding nitrogen runoff from excessive fertilizer use. Stringent environmental regulations and a push towards sustainable agricultural practices are influencing the industry to adopt more efficient application methods and explore alternative nitrogen sources, leading to a more nuanced growth trajectory. Market segmentation reveals that the agricultural sector dominates urea consumption, followed by the chemical industry. Key players like Acron, BASF SE, CF Industries, and Yara hold significant market shares, engaging in fierce competition through product innovation and strategic partnerships to solidify their positions. Regional analysis reveals strong growth potential in Asia-Pacific, driven by the burgeoning agricultural sectors of China and India, alongside other emerging economies within the ASEAN region. The competitive landscape is characterized by both established multinational corporations and regional players. These companies are adopting diverse strategies, including mergers and acquisitions, capacity expansions, and technological advancements, to remain competitive. The forecast period (2025-2033) will likely witness increased focus on sustainable and efficient urea production methods, driven by both environmental regulations and economic considerations. Companies are also focusing on developing value-added products and exploring new application areas to diversify their revenue streams. The overall market growth is anticipated to be influenced by global economic conditions, geopolitical events, and the effectiveness of sustainable agricultural practices adopted globally. Understanding these dynamic factors is critical for navigating the evolving urea market and capitalizing on growth opportunities. Recent developments include: November 2022: OCI NV invested USD 5 billion to expand its East Texas complex. The company plans to add a plant that uses ammonia and carbon dioxide to make 2,200 metric tons of urea daily., June 2022: Pupuk Kaltim announced its plans to expand its operations by building a factory in West Papua's Bintuni Bay in Indonesia that will produce urea, increasing its overall production capacity., May 2022: Indian Farmers' Fertiliser Cooperative Limited (IFFCO) expanded its business by installing the first IFFCO nano urea (liquid) production unit at Kalol, Gujarat, India, with an investment of INR 175 crore (~USD 21.52 million).. Key drivers for this market are: High Applicability of Technical Grade Urea, Increasing Demand from the Automotive Sector; Increasing Usage in the Fertilizers Segment. Potential restraints include: High Applicability of Technical Grade Urea, Increasing Demand from the Automotive Sector; Increasing Usage in the Fertilizers Segment. Notable trends are: Agriculture Segment to Dominate the Market.

United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea was 116.06400 Index Dec 2014=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea reached a record high of 216.76100 in April of 2022 and a record low of 65.60000 in September of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Industry: Nitrogenous Fertilizer Manufacturing: Synthetic Ammonia, Nitric Acid, Ammonium Compounds, and Urea (PCU325311325311A) from Dec 2014 to May 2025 about fertilizers, synthetic, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Discover how factors like global agricultural demand, natural gas prices, and regulatory policies impact the share prices of urea fertilizer companies. Learn the key trends in urea fertilizer market performance and the role of technological advancements in agriculture.

The global urea fertilizer market, valued at $57,150 million in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 1.8% from 2025 to 2033. This relatively modest growth reflects a mature market, influenced by factors such as fluctuating crop prices, government regulations on fertilizer use to mitigate environmental impacts, and the ongoing development of more efficient fertilizer application techniques. Key drivers include the increasing global demand for food production to meet a growing population, particularly in developing economies, which necessitates higher fertilizer application rates to maintain crop yields. However, this demand is counterbalanced by increasing concerns regarding environmental sustainability, pushing for more precise and responsible fertilizer use. This leads to a focus on technological advancements like slow-release fertilizers and precision agriculture techniques, aiming to optimize nutrient utilization and minimize environmental damage. Major players like QAFCO, CF Industries, Yara, and Nutrien are constantly innovating to improve product efficiency and sustainability, shaping the competitive landscape. The market segmentation, while not explicitly provided, can be inferred to include different fertilizer formulations (e.g., granular, prilled), application methods, and crop types. Regional variations will likely exist, with developing nations exhibiting stronger growth potential due to higher agricultural expansion and intensification. Concurrently, developed nations are likely to witness a more moderate increase driven by precision agriculture adoption and stricter environmental regulations. Despite the relatively low CAGR, the sheer market size indicates significant investment opportunities, particularly for companies focusing on sustainable and efficient fertilizer production and application technologies. The continued growth, although slow, emphasizes the enduring importance of urea fertilizers in global food security.

Indonesia Wholesale Price Index: Manufacturing: Chemical Manufacture: Urea Fertilizer data was reported at 120.570 2018=100 in Dec 2023. This records an increase from the previous number of 120.550 2018=100 for Nov 2023. Indonesia Wholesale Price Index: Manufacturing: Chemical Manufacture: Urea Fertilizer data is updated monthly, averaging 120.560 2018=100 from Jan 2020 (Median) to Dec 2023, with 48 observations. The data reached an all-time high of 134.190 2018=100 in Dec 2022 and a record low of 101.990 2018=100 in Mar 2020. Indonesia Wholesale Price Index: Manufacturing: Chemical Manufacture: Urea Fertilizer data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB010: Wholesale Price Index: by Sector: Manufacturing (Discontinued).